Hey Market Pilots, The market has been changing character lately and we know it. When this happens, there can be a lot of untradable time and you need to know what to do in this situation. Sometimes that means going down to lower time frames to be more nimble, or raising your time frame to … Read more
Hey Market Pilot, Happy President’s Day! Hopefully, you all are enjoying your three-day weekend away from the market and enjoying the life you have built for yourself. Some of you are spending it with friends or family, some are working on a hobby, and others are taking the extra time to do some research or … Read more
Hey Market Pilot, The market took a big spill a few weeks ago which was a clear sign something had changed. It was such a big drop that price got seriously oversold and has since been crawling up from the abyss. But what does the bigger picture say? We have been seeing many “darling,” or … Read more
Hey Market Pilot, Well last week was certainly an eventful week, wasn’t it? The consumer price index (CPI), Federal Open Market Committee (FOMC) members being hawkish, Russia, and I am sure there was more. I always find it fascinating how technicals can line up with the news events of the time, and last week was … Read more
Hey Market Pilot, Technical analysis is about pattern recognition and knowledge of your indicators. For me, combining these two helps me prepare for what the market might do next so I can take advantage of it or get out of the way. Right now, I am seeing a familiar pattern with the Moxie Indicator™ show … Read more
Hey Market Pilot, As we begin another week in the market, sentiment remains all over the map. Unlike the last few years, the opening of 2022 did not turn into a strong bull run we were all hoping would take hold. Instead, we have been left with choppy, volatile conditions. Where Are The Opportunities? Volatility … Read more
Hey Market Pilot, The other day I was hanging out in one of our trading rooms and a member was saying how exhausted he was with all the movement going on in the market. Movement itself isn’t bad if it is smooth and trending, but is not preferable when price goes wildly in both directions. … Read more
Hey Market Pilot, The poor breadth of the market is finally catching up to the indexes. I have written about this a few times over the last 10 months since the small caps broke in mid-February, 2021. Since then, there has been a deterioration of stocks all over the place while money came out of … Read more
Hey Market Pilot, The market has been very active recently and was even more so with the Federal Open Market Committee (FOMC) minutes released this week. Despite all the wild action, Moxie Indicator™ members have been on the right side of various trades during this volatility, including cashing in two really great VIX Short Term … Read more
Hey Market Pilot, Last week, the market puked hard into the close on Friday. Did you see it coming? Or was it difficult to pinpoint due to the choppiness of the index as it bounced around for the last few weeks? It was a real challenge as the S&P 500 (SPY) kept bouncing off the … Read more