Back when we first conceived of the idea of a "VooDoo Report" that would cover some of my most offbeat ideas, the concept was valid since this was, after all, a very offbeat market. The report was intended to discuss things like undercut & rally set-ups, both of the price and moving-average persuasion, and other odd Ugly Duckling set-ups and the like. The problem now is that the offbeat has become mainstream for this market, and that is why we recently initiated Undercut & Rally Reports as part of our mix of regular Real-Time Reports. Meanwhile, the VooDoo Report hasn't had a lot to talk about, although it was never intended to be a report that would be published at regular or even frequent internals. The market situation necessitates a change.
Therefore, the VooDoo Report must evolve and adapt as well. Henceforth, it will focus on voodoo pullbacks that I believe merit attention, as well as one of the more offbeat phenomena of this market - the 360-degree characteristics of many stock charts as they flip from long set-ups to short set-ups, and from short-set-ups to long set-ups, and how distinguishing between the two works in real-time. This was the case with my discussion of Cameco (CCJ) yesterday. It first started the day out as a potential long as it came into its 10-day moving average with volume decreasing early in the day but only slightly. It eventually broke below the 10-day line, and is moving lower as I write.
Also, if members have suggestions for off-beat topics they would like me to discuss (and if necessary I may drag Dr. K in as well) they can feel free to email us at firstname.lastname@example.org. If I feel they have merit, and I have something meaningful to say about the suggested topic, it will be discussed as part of the VoSI VooDoo Report.
Market Lab Report - Note to Members Re: VoSI VooDoo Reports Format Change
|Published:||13 Jan 2021 10:05 ET|
Like what you read?
Let us help you make sense of these markets by signing up for our free Market Lab Reports:
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2023 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.