Last week’s guidance was for a consolidation, perhaps even a pullback (i.e. a steep consolidation), and then, provided there was no bad news, a Santa rally.
Well, from Monday to Thursday we did get a sideways move of sorts – though it wasn’t classic by any means! – and then Friday we started to pull away with anger.
So, again, we’ve nailed market direction and by now you must recognise how priceless our Market Timing is.
And that’s why I’m including our Market Timing service (OVI Markets Daily) with our Stocks Summit VIP membership. That’s a $2,364 bonus… for FREE.
Follow this link for details.
The Main Indices
We’ve barely paused for breath for over two weeks, and while Friday was a big bullish momentum day, we will have to take a breather soon before the next push up.
Market Timers
- Longer Term Market Timer (OVIs): Red.
- Medium Term Swing Timer: Bullish.
- Index OVIs: The QQQ’s OVI is going in the right direction and blue. The DIA’s OVI is just about in the blue territory without being convincing, while the other indices OVIs are emerging from red to neutral. That’s not a ringing endorsement of an imminent bull market, but we’ll keep our mind open for now.
Fast Filters Stock Selection
Many more nuggets today, pretty much all of them bullish. Post-earnings looks promising.
Of all the Big Money Footprints, the three most important are OVI, Shrinking Retracements, and Key Levels. The others are also very helpful, but those three are the ones I look for first in the VIP section.
Watch the video at the foot of this email for the full selection and what my sentiment is on each stock listed.
Events
Our Stocks Summit in London on 2nd December will be the most practical ever, and with the most bonuses ever.
Each session will have a practical exercise for you to complete, so you can build your confidence in finding the exact type of setup you want to focus on. These practicals will include Market Timing and specific stock strategies and will only take 15-minutes for you to complete. This will give you the confidence to use our tools to their maximum potential while saving you huge amounts of time.
We’ll have the Foundation Day online the Saturday before the big event so we can focus on more of these practicals during the event.
Video analysis
Remember, you can play the video at 1.25x or 1.5x speed if you want to save time!
