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The Bulls Are In Control But There’s Still Value Out There
Within hours of my write-up last week, the world changed! Energy and defence stocks were old hat, tech and finance stocks were in! While that’s quite normal in times of instability reaching a conclusion, the tricky part was anticipating that it would happen literally overnight. All of which meant we didn’t get the small pullback that we were hoping for. Instead the markets kept drifting up. But if you’d picked good setups near Key Levels like AMD and CAT (and many others), then you’d still be quids in. If you haven’t done so already, make sure you never miss an alert, software update or market commentary join our free Telegram channel here. Before my Market Outlook for the week ahead, just to remind you that personalisation of our charts is on its way, so you’ll

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Your best source of investment news from WiseTraders and Guy Cohen.

A Pullback Would Be Optimal
With such high stakes geopolitical uncertainty in the air, a controlled pullback would be a gift. Overall, you can see

Focusing On The Most Obvious Sectors
Friday’s escalation of events in the Middle East have got the markets guessing what next. Until then, they’d broadly still

Markets Hovering Rather Than Soaring
The S&P’s 200-dma did its job as we anticipated, acting as support as the markets have ground upwards. This is

There WAS Volatility Around the Corner!
I know I don’t email and blog that much, and that’s because I only want to contact you when there’s something important to say.
If you read my email from 26 April you would have prepared yourself for …

Volatility Around the Corner?
Hi Everyone
By now you know my mantra:
“Trade What You See”
And still what we can see is a rising market with the OVI largely positive. This generally points to a contin…

Again! Trade What You See
Hi Everyone
Just another reminder of the most important lesson of trading …
“Trade What You See”
Remember Warren Buffett’s quote: “Forecasting tells you a lot about the forecaster…

Trade What You See
Hi Everyone,
As you must know by now, my trading mantra is: “Trade What You See”.
Having an opinion can be very costly in trading and you’re always better off not having one! Just trade wh…

The OVI Shows the Way
Hi Everyone
If you ever wanted an indication of the power of the OVI you witnessed it today. All the indices buckled – note my email/blog yesterday which highlighted that while the markets had b…

Market Update 22 February 2010
Hi Everyone
Last week’s Jobless Claims and PPI (inflation) figures came and went without too much fuss, with the markets trundling upwards but with low volume.
What’s interesting is…

Why We Only Trade Breakouts
Hi Everyone
The markets came roaring back on Thursday albeit on moribund volume. Remember though, one swallow doesn’t make a summer. Are we headed for new highs or is this part of the ine…

More Sideways Action Required
Hi Everyone
More sloppy action in the markets yesterday – 3 of the last 4 bars in the S&P and Nasdaq have been doji-like with wide ranges and the open and the close near to each other.
This …

Market Update – 9th February 2010
Hi Everyone
Very weak action yesterday – with the main indices only poking through Friday’s high temporarily before slumping again. This is bearish, but still don’t be surprised if we see some s…

Urgent Market Update – 5th February 2010
Hi Everyone,
Friday’s afternoon session saw a massive rally on the indices and across the board. By some luck as well as judgement (I was a bit wary about the impact of the Employment Report so …