Only TWO WEEKS until our Options Bootcamp where attendees will attain VIP status with full access to OptionEasy’s state-of-the-art tools in our most practical event ever, including exercises using the Smartphone optimized application!
If you didn’t catch my webinar on Thursday, please look out for the replay in your emails and Telegram. All this fear will ultimately lead to some of the best opportunities you’ll see in a long time, but you need to recognize what’s happening and what to do … and what not to do!
To make sure you never miss an alert, software update or market commentary join our free Telegram channel here.
It’s been great to see so many of you using our newly-deployed smartphone optimized applications. No need for any downloads, just login in portrait mode on your smartphone or tablet, and our platform will automatically switch to mobile mode.
Last weekend we held our Bootcamp Foundation Day, which was excellent – especially with the new tech we played with. The recording has been chopped into its bite-sized topics now for easy navigation.
Before my Market Outlook for the week ahead, just to remind you of two important things …
- Personalization is on its way. I’ll have updates for you shortly as to when you can save your settings for our charts so you always see them according to your preferences.
- Another reminder that there are just 2 weeks until our Options Bootcamp in the beautiful Mayakoba!
Market Outlook:
Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.
Two weeks ago I said it would be sensible to protect your bearish profits and that whipsaws were highly likely.
Three days later we saw one of the biggest reversal whipsaws in history!
Medium term still looks bearish as the market struggles to digest so much news and uncertainty. That said there are some exceptionally robust stocks which I’ll cover in today’s review.
We remain in a highly news-driven market, so it’s a prime time to be the lion, not the headless chicken, especially now we’re in earnings season.
Watch the video for more detail.
Market Timers:
- Longer Term Market Timer (OVIsi):
Red. - Medium Term Swing Timer:
Bearish. - The Main Indices:
SPY’s OVI has perked up while the other indices OVIs are still predominantly red.
Stock Selection:
This week I’ve gone through hundreds of stocks and there’s not much out there to our particular taste. When you get to a point that you can recognise this and be comfortable with it, then you’ve arrived as a trader … or a Wise Trader!
Remember, our game is to play when the Big Money Footprints align neatly. By and large, they’re not right now – with a couple of exceptions, but the broad markets remain flaky right now.
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! 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:
Improved design inside the TradeFinders are making them look nice and tidy – that was done immediately after the Journal upgrades that I demonstrated during our VIP Group 1-2-1 training sessions.
Many more game-changing upgrades will be made in time for the Mayakoba Options VIP Bootcamp on May 3rd – 4th.
We’ve got some big updates lined up for this year:
- 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! - Focus on Stocks that Could Move Bigger and Faster:
Soon I’ll have a filter you can use for stocks with potentials for larger moves in either direction.
- Journal Upgrade:
Phase 1 and 2 are both deployed, and there’s much much more to come in due course! - Personalization:
Soon you’ll be able to set your preferences for how your charts will be laid out each time you land on them. I’m personally very excited about that! - Options Enhancements:
The Pricer has been upgraded in plenty of time for Mayakoba – take a look at the percent-to-double calculations!
More key upgrades to our options tools are coming soon, alongside major research insights we can’t wait to share with you. - Updated ‘How To’ Video Guides.
We’ve already deployed a handy ‘How To’ click-through guide to help you navigate the platform. We’ll also be upgrading the Fast Filters still further.
More updates are on the way!
Upcoming Events:
Our Options VIP Bootcamp in Mayakoba is on the 3rd and 4th of May! It’s going to be our best event ever! Rooming details are available and rooms are almost all booked up now.
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.
