Last week my review headline was “Pullback to 50-dma On the Cards”, and that’s exactly what has happened. This week we are at a real crossroads. The S&P 500 has closed just below its 50-dma, but our Medium Term Market Timer is oversold at -0.34, where -0.20 is the threshold.
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Ever wondered why hedge funds and institutional investors outperform the little guys? Because these are big players in the market, often known as ‘smart money’. After all, they’re among the world’s largest investors, using sophisticated instruments and informal channels of
The ultimate OVI setup will have all the Big Money Footprints present. With my Fast Filters I do have variations, but the one Big Money Footprint I’ll never compromise is some form of OVI (Options Volatility Indicator) presence. This is because the OVI
And so, as with the past two weeks, I could entitle this week’s broadcast with something to do with “whipsaws” and “earnings”! Once again the S&P bounces off its 50-dma after a dramatic retracement. The implications of this are that