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More quick in-and-out gems last week on the long side with stocks including ASO, FND and PNR all reaching a conservative P1 target early in the week before retreating.

As with WMT and WPM the previous week, you needed to protect your profits quickly. It’s that kind of market.

This week, as I’m travelling today’s video will be shorter, and focused on my smaller list. You can view my larger list by clicking on my avatar in the Expert Watchlists area.

As I mentioned last week, with earnings season now pretty much done, we’re now more concentrated on post-earnings setups.

Market Outlook:

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

At these sllightly overextended levels a minor pullback is to be expected for the SPY and QQQ, but there are still attractive individual stock setups which are not over-extended and which can be exploited.

Watch the video for more detail.

Market Timers:

• Longer Term Market Timer (OVIsi):
  Green.
• Medium Term Swing Timer:
  Bullish.
• The Main Indices:
  All four main index ETFs have blue OVI readings.

Stock Selection:

** Remember, managing risk in your trade management is as important as trading with higher probabilities. This is very much part of the WiseTraders method, and is our third Master Key. Look in our Gift area inside the Platform to watch “How to Cap Your Losses & Protect Your Profits“. **

This weekend I’ve focused near Key Levels for tight sideways setups with solid OVI readings and bullish Shrinking Retracements where possible.

The key to consistency is to pick your playbook and stick to the best quality setups that conform to it. If the setups aren’t there, keep your powder dry for another time.

My playbook is OVI, near Key Levels, Shrinking Retracements, and a consolidation/sideways move.The other two Big Money Footprints are highly desirable but those four are essential to me! Increasingly, I’m researching the resulting impact of very short term momentum, and with my new VIP filters I’m also now looking more at overbought and oversold issues.

Video Length: 00:33:54

More By This Author:

The BMF System Pays Again Even After Tariff Tremor
Post Earnings Is Here – Now Be Patient For The Right Setups
Mixed Signs Of Overbought So Stick With Good Value