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Markets retrace but OVI holds firm

Last week I repeated the suggestion that you should ‘Hold onto your gains’.  With yesterday’s pullback those words are looking prophetic, especially as we move into earnings season.  However…

Be cautious and protect your profits

As we approach the next earnings season we’re still in a bull market for now, but there are signs of slight apprehension in the markets.  Therefore do ensure you hold onto your profits in the man…

INTC chart has my patterns

Last week saw the start of a retracement which has followed a strong market performance.  It remains to be seen how severe this retracement may turn out to be.  The OVI has dipped into negat…

Breakouts and Webinar

During the last week or so I mentioned signs of life and the post earnings gap up.  The signs of life materialized into breakouts, and several of the post earnings gap-and-flag patterns that I me…

Debugged

A quick follow-up from yesterday … Small signs of life were continued yesterday but on low volume levels.  Also, big news on our side is that the programmers finally completed their de-bug…

Not Many Patterns Out There

Similar to Friday’s email, it’s all a bit mixed out there, and not many constructive patterns to take advantage of.  This will change in due course, but just be patient in the meantime.  &nb…

Markets Wobbly

So the Dow and S&P did grind to new highs but couldn’t stay there.  As I mentioned last time there were very few bullish setups and markedly more bearish setups.   We have an incons…

Markets Grinding Up Just

Dear %%First Name%% The main indices are still grinding upwards with a few mixed signals out there, while the Russell Midcap Index is shaky.  XOM continues to behave well – this is exactly t…

Mixed Earnings Season

This earnings season continues to be choppy with AAPL delighting investors while other stocks rather moribund.  Just a couple of weeks to go and hopefully the market will be clearer as to its int…

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