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 support@virtueofselfishinvesting.com. 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.
Gil Morales
January 2021
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 support@virtueofselfishinvesting.com. 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.
Gil Morales
January 2021