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 … 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 … 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”. … 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 … 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 … 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 … 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 … 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 … Read more

The market is pulling back today partly because of the news of Israel getting attacked and partly from a technical standpoint. We will have to keep an eye on the new conflict and see how much the market will be affected by it. This month, I will join over 75+ … Read more

A couple of weeks ago, I told our subscribers that XOP was risky to the long side and that it was not wise to be in. Sure enough, it rolled over. I expected USO to do the same, but it pushed up a little longer, only to succumb to the … Read more