Don’t forget! Markets are closed on Thursday for Thanksgiving, and Friday closes early. Since the market has turned around, let me show you some of the strong names we have been trading in the Moxie Indicator Trading Room. Your Profit Pilot, TG Watkins From now until December 1st, get 30% off my Moxie Indicator Mastery … Read more
When I gave my presentation at the Orlando Money Show over Halloween weekend, most people were frustrated with the market and wondering when the down draft would end or if the market would implode. I had a few critical points in my presentation, one of which was about the Put/Call ratio. Check it out: Your … Read more
With the Megacaps leading the way from the FOMC and earnings season, I am looking around to see if this is a green light to the rest of the market or if it will only be the safe haven of the big names that carry the market. Your Profit Pilot, TG Watkins From now until … Read more
RIP SOFI. Or at least that’s the joke since Cramer picked SOFI as what he thinks will be a winner. So, let’s check it out and see what the market thinks. Your Profit Pilot, TG Watkins Click here to become a Moxie Indicator™ Mastery Program member and receive my daily market analysis! Join us as … Read more
In addition to the market short-squeezing, many names popped on earnings. It’s nice to see, and maybe we have a change in the market form, but it didn’t provide legitimate setups for most traders. This is because most of those stocks were in downtrends until the event of earnings changed that. Now, we must be … Read more
FOMC was yesterday. Federal Reserve Chairman Jerome Powell was as neutral as he could possibly be, which seems to have calmed down the bond market. As long as TLT stops going down, and TNX stops going up, the market can catch its breath. Will it last? If you are in the Moxie room, I can … Read more
The market has been very unhappy with the falling TLT and rising TNX… But have they gone so far as to get too extreme? Let me show you what I am seeing. If the bonds can change course, even for a little while, maybe the market can catch its “breadth”. Your Profit Pilot, TG Watkins … Read more
Often, the market makes things difficult for you, which means you get stopped out… But you know the setup is good. It is just a matter of time and noise until the setup gets going. Our NKE short this week was a perfect example of that, where the algos could sniff out our stops so … Read more
Being able to dance with the market and adjust when it gives you a different answer is key to surviving in this business. Last week, I wanted to see SPY hold certain levels and moving averages, but that didn’t happen. I took note of it and made changes. The luxury of what we do is … Read more
We got the bounce I wanted last week and then some chop, which should have resolved to the upside by now if this market were stronger. The internals are very bearish, but if no one steps in to buy, they can stay bearish, too. This month, I will join over 75+ traders at the Moneyshow for … Read more