TG Watkins The Cannabis sector got some attention again with Kamala Harris and Fat Joe in talks about reducing the FDA’s classification of it. Yes, there were some big moves, but will they stick? Let’s find out. Click here to become a Moxie Indicator™ Mastery Program member and receive my daily market analysis! Join us as we … Read more
Apparently the market had cooled off enough going into FOMC that when Jerome Powell reiterated that rates were likely to be cut this year, tickers were ready and willing to run again. I am always looking for trap doors, so I wanted to see if the Volatility Index (VIX) believed the market’s up move or … Read more
The number of long setups that are working has dwindled, and the indexes are starting to get choppy. The internals are telling us participation is not great. Let’s dive into the market update and see what we need to know about the near future for the market. Click here to become a Moxie Indicator™ Mastery … Read more
I have been looking over my shoulder for a few weeks, wondering when the market will finally pull back. In the mean time, we have been clicking off great trades, but I am still seeing signs that some weakness could be creeping. Let’s check them out. Click here to become a Moxie Indicator™ Mastery Program … Read more
We have been expecting the market to pull back for the last few weeks, but only now does it appear like that is actually happening. So be careful out there as a majority of tickers will probably run into headwinds. There is always a bull market somewhere, and the Chinese sector seems to be where … Read more
Pullbacks are never fun when you are long, partly because you are giving back gains and partly because you don’t know if it will turn into a failed setup. In the case of one of our trades with CE, we had to stay calm and collected with the small pullback because there wasn’t anything that … Read more
The market is coming alive, and tickers that were dead or dormant are suddenly springing to life after earnings. So how do you get into them? I will give you a few of my tips and what to look for with market activity like this. Click here to become a Moxie Indicator™ Mastery Program member … Read more
PCE came out somewhat cool and the market reacted favorably. Some tickers are loving it, while others are neutral about it. The IWM had a strong move, but the QQQ and SPY are resting. The interesting story is the difference between PSTG and SNOW. Let’s take a look. Your Profit Pilot, TG Watkins Click here … Read more
We have been following the Bitcoin ecosphere very closely and have been taking several trades with the miners over the last few weeks. We expected the pullback that happened last week and wondered when they would pop again. Well, we got our answer today. Check it out. Your Profit Pilot, TG Watkins
All eyes were on NVDA yesterday as they reported earnings. The news was received well, and NVDA is making new highs which is also helping to propel the indexes higher. Despite this, the market will need to figure out how to digest the pop, since there is now a gap and the internals continue to … Read more