Markets Still Bullish, But On A Knife-Edge

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Just 10-weeks now until our VIP Stocks Summit on 6th December. This event will also coincide with big upgrades to the Platform that you’re going to want to see.

The markets are showing remarkable robustness, bouncing back from the mid-week wobble to show resilience on Friday.
But this is all part of the anticipated increasing volatility I have been speaking out for the last few weeks.

Today you’ll see many examples of post-earnings setups I’ve mentioned over the past few weeks, which have now broken out perfectly.
Earnings is a speciality skill that you can master and always look forward to, four times every year.
On Thursday I’ll be teaching you exactly how you can take full advantage of every earnings season.

Market Outlook:

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

We still have to say bullish, but again with the caveat that the indices are overstretched.
Without wanting to sound like a broken record, stick to our trusted formula, ie. stocks that are close to their Key Levels (ie. not overbought).
I should also add that today I’m covering a couple of bearish setups that are also attractive.

Watch the video for more detail.

Market Timers:

  • Longer Term Market Timer (OVIsi):
    Green.
  • Medium Term Swing Timer:
    Bullish.
  • The Main Indices:
    All neutral except for the QQQs which are only marginally blue.

Stock Selection:

Today I’ve focused on at least four Big Money Footprints being present, and I’m insistent on proximity to the 50-day or 200-day Key Levels. Stocks are vulnerable to steep pullbacks at the best of times, and especially now.
 

Video Length: 00:50:49


More By This Author:

Technically Bullish, But Protect Your Profits
More Volatility Is On The Way
Indices Take Labor Day Holiday Early

Disclaimer: Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in ...

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