Earnings And Volatility Will Lead To Ideal Setups

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Last week I mentioned that volatility was now here after several weeks warning it would happen. Now it is hear – and with earnings too – you have the chance to play a blinder.

That will entail being patient for our optimal post-earnings setups, and this cycle will include both bullish and bearish setups.


Market Outlook:

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

There are a lot of bearish monorail bars showing over the past couple of weeks. It’s unusual for them to appear in context of an uninterrupted bullish cycle. They suggest short to medium term volatility and/or downside.

The SPY, DIA and QQQ are consolidating just above their 50-dma’s, while the IWM is displaying volatility that is likely to herald medium term downside. And that’s the theme … Short-term volatility and even some short-term upside for SPY, DIA and QQQ, and medium term downside for all the indices.

Overbought stocks are likely to continue faltering, while sound setups can still be considered on their own merits, bullish or bearish.

Watch the video for more detail.


Market Timers:

  • Longer Term Market Timer (OVIsi):
    Green.
  • Medium Term Swing Timer:
    Emerging from bearish to very marginal bullish territory.
  • The Main Indices:
    Neutral OVIs for the SPY, DIA and QQQ. Negative OVI for IWM.


Stock Selection:

Today I’ve looked a several hundred stocks and a host of Big Money Footprint combinations. We’re not into the meat of earnings season yet, but it’s coming, so consider keeping dry powder for our favoured post-earnings setups.


Video Length: 00:53:12


More By This Author:

As Predicted… Volatility Is Here
Markets Still Bullish, But On A Knife-Edge
Technically Bullish, But Protect Your Profits

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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