TG Watkins Our AMZN and TSLA plays have done well even though the market has mostly gone sideways this week. The presidential debate is on Thursday, and I wonder if that is why the market is keeping calm. It should be interesting to see where things go on Friday and then into the 4th of July. Click … Read more
Some of the indexes have been trending lower since NVDA is finally coming down. It appears that money is moving around the market instead of exiting, which is a good thing. Without NVDA taking all of the air out of the room, other stocks can start moving up and we see that with Breadth. Click … Read more
More and more people are starting to notice and comment on the breadth divergence. I have been commenting on it for a few weeks and, on one hand, figured it was low enough to provide room to the upside. On the other hand, if it stays bad, perhaps it could weigh down the market. Monday … Read more
CPI came out much cooler than expected, and the market popped on that data. By the end of the day, however, there was a lot of selling off. We can’t yet know if that was a sign of real weakness or just the market needing to digest such a big move. Time is needed to … Read more
NVDA has now split and managed to recover from its morning drop. The indexes were able to also shake off their opening drop, but got a little erratic towards the end of the day. I am keeping things close and light going into the FOMC on Wednesday because the market seems to be in a … Read more
Yesterday seemed odd to me with the markets running higher all day. I think some of it was due to Canada lowering its rates by 25 BPS. I figured the market would relax today, and there could be an opportunity to trade the market sideways. Here is how it went so cleanly. Your Profit Pilot, … Read more
The market had a heck of a day Friday and gave a little more of a gap up at today’s open. One of my Moxie Indicator patterns was staring me in the face, and I knew I had to take a big trade on it. So, I sent out a few 0DTE trades to the … Read more
Let’s walk through the Moxie Indicator and how to use it for day trading, swing trading, and position trading stocks, futures, and options! Your Profit Pilot, TG Watkins Click here to become a Moxie Indicator™ Mastery Program member and receive my daily market analysis! Join us as we track the profit opportunities.
Well, it finally happened: NVDA earnings and a market pullback. It certainly felt like a ‘buy the rumor, sell the market’ day with everything getting sold off except NVDA. I took two more 0DTE trades and both were profitable, so let me show you what that looked like. For a limited time, get the Moxie … Read more
The market is doing well, even though the indexes are bumping up against resistance. There have been several ideal Moxie Indicator setups and trades we have taken in the Moxie Indicator Mastery trading room. Let’s review them. Your Profit Pilot, TG Watkins