The market was pretty uneventful on Wednesday with a small move up and then a drift lower for the rest of the day. With the SPX sitting on its Daily 50 Simple Moving Average (SMA), I am inclined to look for a tradable bounce, but what comes after the bounce? Your Profit Pilot, TG Watkins … Read more
The market continues to trade in a range. The September seasonal weakness is sure making itself known today with a stiff selloff on the first trading day of the month. So, is there more that we need to worry about or is this just the market resting before finding its footing? Your Profit Pilot, TG … Read more
NVDA earnings came and went with a whimper. There was no big action in either direction, so the market makers were the winners. The indexes are up, though, so I continue to lean bullish. But with the three-day weekend ahead of us, what will they do next? Your Profit Pilot, TG Watkins Click here to … Read more
The market has had a wild ride over the last few weeks, and a rest is well earned. The SPY and QQQ have been pulling back, mostly due to the Mega Caps; however, the DIA and IWM are looking solid. Each sector is taking its turn leading, but the overall picture is up with some … Read more
I learned of the Keltner Channel (3rd Average True Range – ATR) when I started working at Simpler Trading, and it was the best free addition to my charts. Let me show you a lot of examples as to why I find it so useful to my trading and how I incorporate it on every … Read more
After the debut of my 0-DTE class, I had to do some refinement to the process. Today was confirmation that the process worked as we clicked off a very clean 100% gain on a slow market day. Let me show you what that looked like from inside the Moxie Indicator Trading Room. I’ve had a … Read more
The market has done a great job recovering off the “Carry Trade” lows, but now it is in a spot where I would be exiting my longs and prepping for a pullback. If that happens, I have a few names on my list that I would like to buy for a swing-long entry, so let’s … Read more
A cooler PPI was issued today, and the market seems happy with it due to the gap up; however, CPI is tomorrow. I have a feeling that no matter which way it comes out, the market will use it as a catalyst. This is because the move from last Monday’s low is still just a … Read more
Once again, I am amazed by my new venture into the world of daily expiry options where today had several strikes paying over 1,000% on a simple slide down of the markets. The Moxie Indicator alerted our traders to the setup on the 2 and 5-minute charts for all to see. Check out my review … Read more
After several huge down days with massive selling volume, we are finally seeing a bullish day. The question will be how far this can go and whether we can get another big winner with the 0DTE options that I have started trading. Check out my webinar this Wednesday for more updates on how that strategy … Read more