After the first four days of tepid upward action, the market decided to take Friday off for the Labor Day Holiday weekend.
Some people might get twitchy about this, but without the benefit of hindsight, at this point there’s not much to get too twitchy about.
The indices are a bit overstretched, but that didn’t stop nearly every stock in my “little list” rising, some spectacularly so … Hello ALK again!
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Market Outlook:
Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.
Last week I said:
I expect broad bullish follow throughs from solid bullish post earnings setups.
This was spot on with nearly every stock highlighted moving up.
With next week being a four-day week starting on Tuesday, and with one hour being a long time in these markets, I’m going to be neutral in terms of the indices. They could use a slight pullback, while those stocks that are shaping up nicely should continue to be attractive provided nothing dramatic happens in the meantime.
Watch the video for more detail.
Market Timers:
- Longer Term Market Timer (OVIsi):
Green. - Medium Term Swing Timer:
Bullish. - The Main Indices:
The DIA and IWM (completely different indices) continue to have decent blue OVIs. The SPY slightly less so but still blue, and the QQQ popped back into blue before dipping down into negative territory.
Stock Selection:
** Remember, managing risk in your trade management is as important as trading with higher probabilities. This is very much part of the WiseTraders method, and is our third Master Key. Look in our Gift area inside the Platform to watch “How to Cap Your Losses & Protect Your Profits“. **
This weekend I’ve again focused on my usual preferences with a leaning towards post-earnings setups.
The key to consistency is to pick your playbook and stick to the best quality setups that conform to it. If the setups aren’t there, keep your powder dry for another time.
My playbook is OVI, near Key Levels, Shrinking Retracements, and a consolidation/sideways move. The other two Big Money Footprints are highly desirable but those four are essential to me! Increasingly, I’m researching the resulting impact of very short term momentum, and with my new VIP filters I’m also now looking more at overbought and oversold issues.
Go into the ‘Expert Watchlists’ area of the platform to view my Watchlists for (a) all the stocks I cover in today’s video, and (b) a smaller list that warrant a closer look.
** The list of stocks is in the Expert Watchlists area (just click on my image to see them), so you’ll have to log in to see it. Market Timing will also go inside a login soon. Remember to reference the video commentary so you know what my sentiment is on each stock listed. **
Don’t Miss Out:
Software Upgrades:
We’ve deployed some big updates recently, and many more game-changing upgrades will be made in time for the London Stocks Summit on December 6th.
Lined up for later this year:
- Market Timing:
A significant upgrade to our Market Timing and Dashboard area is in planning. Given that this is one of our big strengths that I spend time with you on every week, it makes sense to give this a complete upgrade in line with new research that is being finalized.
A.I. Interfaces:
If you like using A.I. applications, then you’re going to love a particular development we have in the pipeline for you, namely GPT inside our charting application! - More Automation:
This is likely to result in an overhaul of our Home Hedge Fund / OVIcopilot application, relating to Market Timing and even some stock selection.
- Journal Upgrade:
Phase 1 and 2 are both deployed, and there’s much much more to come in due course! - Options Enhancements:
Key improvements made to the Pricer and Analyzer, and more to be made soon. - Dynamic Earnings Calendar:
Last week I gave demos of this in its unpolished state … This will be available for VIPs very soon!
More updates are on the way!
Upcoming Events:
Our Stocks VIP Summit in London is on the 6th of December! We’re going to upgrade this event, using the successes from Mayakoba as a blueprint.
Our Options VIP Summit in Mayakoba is on 9-10th May 2026! There are very limited spaces for the hotel rooms so click the link for details.
Watch today’s market review inside the members area here! To the left is the Watchlist area. To the right is the TV area.
How to Watch This Video:
The best way to watch this video so you can flip through the charts at the same time:
- Log into the members area: https://platform.wisetraders.com
- Click on TV within the Platform (top right)
- Choose “On Demand”
- Play
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Remember, you can play the video at 1.25x or 1.5x speed if you want to save time! I have placed all the stocks covered in today’s review in your “Latest Preview” watch list.
