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Market Outlook:

The indications suggest mildly bullish but without huge conviction. The SPY and QQQ are divergent again to the DIA and IWM, and I much prefer all of them in sync.

Tech had a wobble, while energy rediscovered its mojo. Earnings will have more to say about these.

I’m largely neutral, however, uranium stocks do look interesting. Take a look at the video for more details.

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:
  Neutral to bullish.
• The Main Indices:
  Neutral OVI readings for all four indices.

Stock Selection:

Last time around stocks like PLTR and V broke out, hit P1 and retreated. All in a matter of days. That’s how it happens sometimes.

Again, I’m focusing on a much narrower universe of stocks now, with liquidy being a prerequisite. Four Big Money Footprints filters, consolidations and Trend Fades, all with OVI of course. This led me to look deeper into energy stocks, particularly uranium.

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