The moves are smaller since the SPY is flagging, but the Moxie Indicator can still help guide you. Let me show you what those signals look like and how to utilize them to determine where the market is going. Follow me on Twitter, where I post Moxie setups I see in the market. Check out my recent post on where the $SPY would go next:
The SPY bounced off its daily 21 EMA (exponential moving average), but that put it into what I call an Inverse Trampoline move on the Hourly chart, which is not a bullish condition. We have been waiting for it to pull back, and we finally got it today! In addition, the news came out about Bitcoin ETFs, and the Bitcoin-related names are getting sold on the news. LAST CHANCE to get 30% Off my Moxie Indicator Mastery in Simpler Trading’s New Years Sale! Receive my daily analysis and join us … Read more
If you think of the SPY as a traffic signal with Red, Yellow, and Green, you can understand how other tickers will behave during certain periods. Strong tickers will not pull back much when the SPY is red and going down. Most tickers will at least try to move up as long as the SPY is anything but Red. Let me show you what I mean in today’s video: Get 30% Off my Moxie Indicator Mastery in Simpler Trading’s New Years Sale! Receive my daily analysis and join us as … Read more
Trading is risky. But what does that look like? Today, I will show you that unexpected news can knock down a stock, and it is an unfortunate surprise when you wake up some mornings. This is a great example of why you don’t put all your accounts into a single name, so you can keep working and moving on. Get 30% Off my Moxie Indicator Mastery in Simpler Trading’s New Years Sale! Receive my daily analysis and join us as we track profit opportunities into the new year! Your Profit … Read more
The market is now back to previous all-time highs and is broadly supported. No longer is it just the big 7 stocks supporting the market; it’s the small caps, too. We have seen an explosion in growth names, meaning our trading has loved the activity. I’m getting excited for what 2024 has to offer. Get 30% Off my Moxie Indicator Mastery in Simpler Trading’s New Years Sale! Receive my daily analysis and join us as we track profit opportunities into the new year! Your Profit Pilot, TG Watkins
The market dropped yesterday, but we knew something like that was coming. In this video, I will show you the post I sent to the Moxie Traders the day before the drop, warning that something like that was soon to happen. I am still bullish on the market, but I am happy to see it let some air out to present more opportunities. Keep up with me on Twitter, where I’ll post setups I’m watching using my Moxie Indicator. Check out this Tweet I posted predicting the pullback in the … Read more
The Put/Call Ratio broke in 2020 when the Fed dumped money into the market. They aren’t doing that now, but a lot of money is sitting on the sidelines that could come pouring in similarly. Let’s look at previous examples where the P/C stayed low for longer. Keep up with me on Twitter, where I’ll post setups I’m watching using my Moxie Indicator. Check out this trade setup on AI I posted: Your Profit Pilot, TG Watkins
The market exploded after Powell spoke during the FOMC event yesterday. This is on top of a 5-week bull run that got everything pegged to the long side. Can this last? Let’s find out. Click here to become a Moxie Indicator™ Mastery Program member! Receive my daily analysis and join us as we track profit opportunities! Your Profit Pilot, TG Watkins
We have the FOMC this week, so prepare for some wild moves on Wednesday. The market expects no change, but we know it’s about what Powell will say. I then show you the difference in weighted index ETFs and what they say about the strength and participation of the market. Click here to become a Moxie Indicator™ Mastery Program member! Receive my daily analysis and join us as we track profit opportunities! Your Profit Pilot, TG Watkins
Last week, I made a video pointing out XOP and saying something might be building there. So, let’s get back to it and see what happened. Check out my newsletter from last week, where I broke down my trade idea on XOP. Your Profit Pilot, TG Watkins