The SPY and QQQ are pulling back slightly. They don’t show that much damage has happened, but beneath the surface, most tickers are pulling back significantly or flagging for a longer period of time. The market is due for a rest, and we need to be patient for that. Let’s take a look and see … Read more
I believe we are finally seeing the market take a breather after its incredible run since November. This does not mean sell everything, and in fact, we are seeing healthy rotation into industrials and commodities. Perhaps this will spark the inflation topic again, but our job is to find the strength. Dive in with me … Read more
The market continues to stay elevated, just like Cannabis has been doing ever since politics started to get involved. This time looks like it might be real and will stick. However, I still need to wait for my kind of pitch since the first move happened. After that, I have a big trade opportunity in … Read more
Is the market treating you well today or is it pulling a prank on you? If you ask industrials, they are happy, but tech is feeling the joke. This morning I scrapped some weak names and then cashed in the final position of a 34% winner. Click here to become a Moxie Indicator™ Mastery Program … Read more
The IWM is making new highs after testing a 2+ year support area. What does it mean for us? Watch this to find out. Click here to become a Moxie Indicator™ Mastery Program member and receive my daily market analysis! Join us as we track the profit opportunities. Your Profit Pilot, TG Watkins
The Cannabis sector got some attention again with Kamala Harris and Fat Joe in talks about reducing the FDA’s classification of it. Yes, there were some big moves, but will they stick? Let’s find out. Click here to become a Moxie Indicator™ Mastery Program member and receive my daily market analysis! Join us as we … Read more
Apparently the market had cooled off enough going into FOMC that when Jerome Powell reiterated that rates were likely to be cut this year, tickers were ready and willing to run again. I am always looking for trap doors, so I wanted to see if the Volatility Index (VIX) believed the market’s up move or … Read more
The number of long setups that are working has dwindled, and the indexes are starting to get choppy. The internals are telling us participation is not great. Let’s dive into the market update and see what we need to know about the near future for the market. Click here to become a Moxie Indicator™ Mastery … Read more
I have been looking over my shoulder for a few weeks, wondering when the market will finally pull back. In the mean time, we have been clicking off great trades, but I am still seeing signs that some weakness could be creeping. Let’s check them out. Click here to become a Moxie Indicator™ Mastery Program … Read more
We have been expecting the market to pull back for the last few weeks, but only now does it appear like that is actually happening. So be careful out there as a majority of tickers will probably run into headwinds. There is always a bull market somewhere, and the Chinese sector seems to be where … Read more