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This Market Needs a Breather Soon

If you haven’t yet enrolled for our VIP Stocks Summit, time is running out. Remember, my Market Reviews will only be available to VIPs from after the event, so don’t miss out.

So, that was a cracking week when nearly all our watched stocks rose in line with a buoyant market.
Last week’s guidance had been bullish albeit with the need for a rest soon.

The bullish part was right, and we are increasingly likely to get that resting phase in the next week or so.
And regardless of how that resting phase happens, we’re also likely to reach new highs afterwards.

How to Watch This Video

  1. Log into the members area: https://members.wisetraders.com 
  2. Click on Platform (top right) 
  3. Click on TV within the Platform (top right) 
  4. Choose “On Demand” 
  5. Play

If you have multiple screens, you can pop out the video by mousing over the video itself where you’ll see a “picture-in-picture” icon, and if you only have one screen you can watch it next to the charts or maximize the video window to full screen. That’s your choice!

Again, I’m putting today’s reviewed stocks into my (Guy’s) Expert Watchlist area. That means the big list and the more condensed list.

Market Outlook:

Watch the video for more detail.

A broad market gap-up on Tuesday was wonderful for all of us on the long side, but the indices will need to pause very soon.

Last week’s guidance was bullish but with a slowdown soon. 
What happened was bullish but with a gap up on Tuesday!  

That only makes an imminent pause all the more likely now.
As I mentioned above, new highs are likely after the next market pause.

** Please note these market commentaries will no longer be widely available very soon, and you will need to be in our VIP area. **

Follow this link to make sure you don’t miss out.

Our Market Timing commentaries continue to excel, providing members with extraordinary accuracy, so don’t miss out.

I’m including our Market Timing service (OVI Markets Daily) with our Stocks Summit VIP membership. That’s a $2,364 bonus … for FREE.

Follow this link for details.

The Main Indices:

The three main indices (SPY, QQQ, DIA) are bullish but overextended. The IWM is not technically overextended, but will likely behave in line with the other indices.

Market Timers:

  • Longer Term Market Timer (OVIsi):
    Yellow.
  • Medium Term Swing Timer:
    Overbought.
  • Index OVIs:
    The four main indices all have blue OVIs.

Fast Filters Stock Selection:

With many stocks looking extended there aren’t as many nuggets this week as last week. The focus for new stocks of interest will be those nearby Key Levels and exhibiting our most reliable Big Money Footprints.

Of all the Big Money Footprints, the three most important are OVI, Shrinking Retracements, and Key Levels. The others are also very helpful, but those three are the ones I look for first in the VIP section.

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.

** After the event I will only post this 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 so you know what my sentiment is on each stock listed. **

Software Upgrades:

We’ll be prioritizing the new charts for our next piece of development so we can have a link to a broker platform. It looks like we’ll be able to package orders from our journal app to make life much easier for you.

A further journal app upgrade and calculator will go after that.

Also, the full mobile phone (portrait) optimization is on the docket. Lots to do!

Many more game-changing upgrades will be made in time for the London Stocks Summit on December 2nd

Stay in touch to discover more as we unveil best-of-breed applications!

Events:

It’s just a matter of days now! Our Stocks Summit in London on 2nd December will be the most practical ever, and with the most bonuses ever.

Each session will have a practical exercise for you to complete, so you can build your confidence in finding the exact type of setup you want to focus on. These practicals will include Market Timing and specific stock strategies, and will only take 15-minutes for you to complete. This will give you the confidence to use our tools to their maximum potential while saving you huge amounts of time.

We’ll have the Foundation Day online next Saturday so we can focus on more of these practicals during the event.

Watch today’s market review inside the members area here! To the left is the Watchlist area. To the right is the TV area.

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.

PS. If you’re interested in any of our OVI trading services for stocks or options such as a fast-track mentorship or workshop event, book yourself an appointment here to speak with us. Many of our members aren’t aware of all the services we offer to help you become a more ‘informed’ and confident trader with the OVI. Remember, everyone is an individual, and we ensure that we can cater to you and your particular needs.

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