VectorVest Blog
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Earnings Season Video and the new DTI: A Traders Dream

With earnings season well underway, the market trend has been rising, however, we should be aware that a pause or even a pullback would not be unusual when the MTI is at the current elevated levels in both CA and US markets. Historically we know the market is nearing a top or searching for a top when the MTI is between 1.20 and 1.30 in Canada (CA) and 1.50 and 1.60 in the US.

So while we still want to follow the guidance in the VectorVest Views which is currently bullish, it may be a good idea to be nimble when buying any new positions and have defensive stops in place on stocks that you own. When the MTI is this elevated, your priority should be to protect against losses and avoid giving back too much of any gains. 

Playing defense in this way also helps you raise cash to take full advantage of the next bottom which Dr. DiLiddo calls the ‘blast off phase’. Historically this occurs when the MTI is around .60 or below in both CA and US. (See CA Blog post re 5-Steps to Profitable Bottom Fishing http://www.vectorvest.fr/get-ready-bottom-fish-heed-dr-diliddos-bear-market-warning/)

Earnings Reports – It’s valuable to follow stocks that are reporting earnings, especially stocks that you own. I have prepared a 20-minute video highlighting today’s market conditions and showing a few graphs of a few CA and US stocks that will report earnings in the next two weeks. Here is the link: (note, I believe sound quality is good, but please report any problems):
July 18 SOTW DDITuesday’s Q&A Webinar: I’m very excited about the two new Derby features unveiled in Friday’s Special Presentation SOTW Q&A webinar. I believe both new features will be tremendously helpful to day traders and short term traders. Join me Tuesday, July 19 at 12:30 pm  Eastern / 9:30 am Pacific for our regular SOTW Q&A. We’ll check out the new Derby Timing Indicator and Derby Delta Function in RealTime. Let’s see if we can use the new tools to uncover a few good trading ideas!
REGISTER NOW: To attend Tuesday’s live webinar or to receive a link to the recording, please register here: http://news.vectorvest.com/CA_SpecialPresentation_QA_071916_registration.html
Thanks everyone.
Wishing you Safe Investing.

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