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Instant chart loads, one-click options filtering and analysis, chart rewind, pattern recognition annotations on the charts, trade plan and options risk profiles on the charts …
In terms of market direction, our medium-term bearish guidance continues to pay off, either by keeping you safe or by profiting from bearish setups. By buying puts you can do this without margin … a serious advantage when you do it correctly and responsibly with liquid options.
Market Outlook:
Last week I mentioned that my medium-term bearish forecast was looking even more likely. It’s coming to fruition before our very eyes. It may not be pretty, but there were solid reasons for my outlook.
It’ll continue being a bumpy ride, and I believe there will be more downside to come. A 10% drop from the highs has already been achieved by the IWM and I expect the SPY to follow suit. This is a great time to amp up your learning while the markets are like this. That’s why I’m releasing more practical educational tools like the chart rewind app and pattern recognition on the charts, so you can practice with no risk.
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 (remember it’s slow).Medium Term Swing Timer:
Bearish, oversold (which can continue).The Main Indices OVIs:
SPY is neutral, the others are red.
Stock Selection:
The instant chart load enables me to whizz through several hundred stocks in minutes – either manually through my static watchlists, or via the TradeFinders and Earnings Calendar.
My bears from last week were excellent. I have identified a few candidates in both directions, but you can also be happy with dry powder right now.
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