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Just one week until our Big Stocks Summit Strategies Day on 7th December, which will be a day of practical exercises where you’ll find excellent setups – literally in a single click – with our user-friendly Platform. Make sure you enrol to this unique event which we keep improving every year.
Yesterday’s Foundation Day was an excellent day for everyone to get on the same page, ready for next Saturday. If you missed it, that’s ok as we recorded it and you can catch up any time.
Look out for further communications via Telegram and email.
The Markets …
After the shortened Thanksgiving week, the markets – while technically overbought – still have more room to the upside.
See below for Market Outlook.
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 anticipate more upside and more choppiness“.
That was on point and I’d expect a similar scenario this week.
I’m looking forward to us playing with the new VIP filters on Saturday, which are significantly reducing my research time while giving me more precision.
Watch the video for more detail.
Market Timers:
- Longer Term Market Timer (OVIsi):
Green. - Medium Term Swing Timer:
Bullish, not overbought. - The Main Indices:
The OVI for SPY, DIA and IWM is blue. QQQ is a little inconsistent, but unlike the other three, this index is not overbought.
Stock Selection:
Today I’ve made focused lists combining setups near Key Levels for potential breakouts with post-earnings.
At the London VIP Summit next week we’ll go through exercises where we can use the filter combinations to highlight great setups and save time.
Pick your playbook and stick to the best quality setups that conform to it.
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! 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:
The journal upgrade is making further progress, and will be on DEV (the development site) for the Summit with broker token forms for Interactive Brokers. We’re looking at other brokers to integrate with as well.
Soon we’ll also deploy updated ‘How To’ video guides, and we’ve already deployed a handy ‘How To’ clickthrough guide to help you navigate the platform. We’ll also be upgrading the Fast Filters still further.
The full mobile phone (portrait) optimization is in the plan for the spring, and more dynamic notifications from inside the application will follow that. Lots to do!
Many more game-changing upgrades will be made in time for the London Stocks VIP Summit on December 7th.
Upcoming Events:
Our Stocks VIP Summit in London on 7th December will be the most practical ever, with half of the event dedicated to practical exercises and with the most bonuses ever.
Our Options VIP Bootcamp in Mayakoba will be on the 3rd and 4th of May! It’s going to be amazing! Rooming details will be available soon.
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.
