Is the market lying to us?

Hey Market Pilots, I love divergences. Sometimes they are positive, sometimes they are negative. I look for divergences with my Moxie Indicator to help me get in and out of a trade, and I use divergences between other metrics to help determine overall market sentiment. But the major divergence I am looking at right now … Read more

A gain with RIOT

Hey Market Pilots, The last few days have been amazing. Not only did I have my second best trading day with an $80,000 gain in a single day, I also got to spend Saturday with traders who were eager to learn. August 8th was the day of my Moxie Class, COVID edition, where I spent … Read more

My best year in the market

Hey Market Pilots, Yesterday I had my second webinar and usually it is the same as the first one since there isn’t a lot that changes in a week. Well, this time is different! On Monday the 3rd I had my second best trading day of the year (out of three exceptional days so far) … Read more

Divergences between sectors

Hey Market Pilots, Last week was challenging. Mostly because there were events which threw confusion and unpredictable movements into the market. Earnings season is always chaotic as investors wait for news which will guide them until the next report and beyond, which during COVID-19, is a big question mark. On top of that, we had … Read more

Which mattress company can fluff your account?

Hey Market Pilots, Thank you to those of you who could make it to my webinar last night! It was a great turn out.I not only showcased how I made $100K in one day on my favorite Trampoline setup, I also showed that a mattress company, Sleep Number (SNBR), has easily moved well over 100% … Read more

How I look at inverses

Hey Market Pilots, I think most of us are geared and trained to trade to the long side. Meaning our eyes are most attuned to seeing bottoming and reversal patterns. We may be great at getting out at the top of a move, but perhaps we lack the ability to short when the time comes. … Read more

When the SPYder Senses Tingle

Hey Market Pilots, This Market has been amazing when moving up, and disastrous when pulling back. Great positions and tickers will suddenly implode on you and go negative in your account if you aren’t proactive about profits and exits. Just ask me how I know. But there are a few key metrics that I have … Read more

SPCE: up 52% in 17 days

Hey Market Pilots, This write up is about how you may have to strike more than once to get the right entry and then how it became one of the my most picture perfect setups of July. Back on June 22nd, SPCE broke news of them getting some contract from NASA and its volume went … Read more

Three reasons the market rallied after massive drop

Hey Market Pilots, This week began quite nicely with the market opening with a gap up on Monday the 13th. However, that elation and satisfaction was short-lived and brutally squashed by a massive liquidation break in the middle of the day. Few were spared but tech got hit the hardest. Let me show you a … Read more

Learning to anticipate the market

Hey Market Pilots, On June 30th I wrote a piece about the SPY coming into the Daily 50 SMA and how we know when the bounce would be confirmed. I described how price can sometimes bounce exactly off a moving average or push a little past it before moving up. For my style of trading, … Read more