Last week’s headline was “Still Bullish, Still Challenging” and it applies equally to this week too.
There are plenty of decent setups, we’re seeing good winners, but we’re also seeing plenty of whipsaw type of behavior as well.
So please continue to be fussy about your selections and vigilant with executing my trading plan.
Tech stocks had a good week while cyclicals had a quieter time of things.
As with last week there are some classic OVI setups forming right now, so let’s focus on them.
A couple of tweaks to the OptionEasy Pricer will be deployed this week, including fixes and the new option profile popup when you click on any option. This facility will ultimately be deployed into the new Analyzer and all other options applications where you need to assess any particular option … a bit value-add and time save to be sure!
The new short-term market timing oscillator will provide a lot of necessary explanations when it’s deployed in the coming weeks. And there will be ongoing development with it even after we deploy it.
Nothing more to add this week, but there will be plenty of activity in the next few weeks.
Gift Pack Deliveries Update
Nearly all the replacement gift packs have been delivered so no more updates from next week.
In this week’s market review I’m highlighting Big Money Footprint stocks, plus a couple of implied volatility divergence setups.
There are a few extra notable setups forming right now, so make sure you’re ready to pounce.