With OVTI reporting earnings tonight after the market closes, now is a good time for me to declare another victory for The PPT. I pointed out OVTI was a high probability May seasonality play, based on The PPT algorithm’s findings about how the stock had performed in previous months of May. Even though the broad market has had a very choppy month, OVTI has outperformed well, opening the month on May 2nd at $33.98 and sitting north of $36 at the time of this writing. If you have been playing OVTI based on seasonlity, it might be a good idea to lock in some gains ahead of earnings tonight. All of this on the back of our MDVN success in April as a seasonality play, I might add.
Stay tuned for June Seasonality plays from The PPT.
I sold OTVI way way too soon on a tight stop loss. PPT wins again. So do you for pointing it out about a week before Seasonality.
Indeud.
Goldman Suchs CEO, Lloyd Bankswine said:
“The best way to predict the future is to create the future.” Well, it looks like the Gold Men have done just that. Here’s what happened to commodities after Goldman Sachs told their clients to sell. This chart is as artistically done as it is amazing:
http://2.bp.blogspot.com/-OsK7iiThB2U/TduhiX8-JGI/AAAAAAAAPiw/K9T5ms2NrTQ/s1600/commodities.png
baron,if you take from the bottom, and go up to pork bellies and stop, and then do that chart again in another year from now, all those will be completely reversed, and they will be in the green by as much as they are red. all those that are on the bottom half, have been purposely put down,because we have a harvest problem already, and its not even harvest time yet…….that corn price on said chart,i have my doubts,should be way higher.