SPX Daily 200 SMA support failed at the open yesterday, leaving the door open for a full 10% correction without any meaningful bounces first. This is a rarity, and in this video I will show you the kind of action I was looking for today, but did not get yet. I will also give you … Read more
One thing after another got the market failing supports till the bottom fell out on high bearish internals Wednesday. Then Trump had his speech to Congress and the market handled it well, with a little upside. He even backed off on a few tariffs regarding the Big 3 Auto manufacturers. So perhaps there is enough … Read more
The market did a sharp turn around after a fake out to new highs. This is way more than just a dip, so how do you determine the difference before its too late and how do you protect your account during times like this. I will show you what I did to save my account, … Read more
The market is really unhappy with its life right now, and it’s letting everyone know. I went to cash, as far as my stock positions are concerned, so it’s time to focus on day trading again. I was live on the mic in the Moxie Room when we put on a Put Credit Spread and … Read more
Perhaps it’s March Madness right around the corner, but sports betting stocks are starting to warm up in a big way. Our Moxie Traders have been building a position in one of them for a few weeks now and we are starting to see it pay off. Your Profit Pilot, TG Watkins Tuesday, February 18th … Read more
I was very excited about the SPX trade I had going into Friday. Everything was looking just right — Until UMich Inflation data came out. Let me show you a tool that I have been using more and more to help support my 6100 Call, and how it changed once the news came out. Plus … Read more
I have a bullish short term options trade for the SPX that we started placing Tuesday, with provisions to add to the position on a dip. We got that dip today so we added, and then cashed in on a short strike to pocket some easy cash. The trade is still active, but let’s walk … Read more
It has been a wild few days as we start the Trump presidency and tariff talk starts in earnest. These factors slammed the market Friday and Monday, but it seems Mexico and Canada (after hours) have come to some agreements, which is popping the markets. Let’s see how this fares later in the week… Your … Read more
Yesterday was FOMC Day, and we saw some weakness going into the market the more Jerome Powell spoke. Eventually, the market tested the lows it was looking for and managed to end the day with some strength. The nuclear names are coming back, and we went shopping for more positions. Your Profit Pilot, TG Watkins … Read more
In the “Market Update” video I put out over the weekend, I was cautioning the Bulls because I was expecting the market to pullback. We certainly got that, but we got some extra too. The news about DeepSeek really shook up specific sectors in the market, so we took action and exited those affected tickers. … Read more