Earnings Starts With A Wimper

Last week I showcased some imminent upgrades that will be transformational … and this week I’m doing some more for you, specifically for controlling the Options Pricer from the charts!

Earnings started ok with several financials bursting upwards, but many have sinced retraced due to profit-taking and nervousness.

So, we’ll be focusing much more toward the post-earnings setups, which isn’t exactly unusual for us.

In the meantime the Earnings Calendar app is a godsend as you can very quickly ascertain the broader earnings outlook.

Market Outlook:

That broader earnings outlook looks distinctly mixed from the current perspective.

Tech looks vulnerable. Oil & Gas looks promising but is brittle and sensitive to Geopolitical whims. Financials lost their nerve.
All in all from a sector point of view there’s not a lot to really grab a hold of right now.

That tells you the market is uncertain. That tells you to tread with care. Being flat is a decent position.

With all that said, our recent highlighted stocks – both bullish and bearish – have been solid.

Our market commentary continues to be outstanding. Mastering market timing enables you to swim WITH the tide at the right time.

Watch the video for more detail.

Market Timers:

• Longer Term Market Timer (OVIsi):
  Green.

• Medium Term Swing Timer:
  Bullish.

• The Main Indices OVIs:
  A real mixed bag. SPY neutral. QQQ red. DIA blue. IWM red.

Stock Selection:

Poor quality consolidations and other Big Money Footprints setups this week. With this being very early in the earnings reporting cycle, it’s a good time to observe and hold fire.