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
The last couple of weeks have been great for us in the Moxie Indicator trading room as we caught the several-day move off of the lows. After that, we hedged the pullback. Now, the market is back up in just the manner I was looking for. It’s great when things work out so cleanly. I … Read more
The last few days have been active in the Moxie Indicator group as we navigated the low of the market well and into this week’s pop. Now, we are waiting for the next little dip for buying opportunities. Don’t miss out; join the fun in my Moxie Mastery room. This month, I will join over … Read more