Today I show you two identical patterns on two charts and two-time frames. See if you can say that 5 times fast. They happened to be bearish since the market has been pulling back, but the Moxie rules worked out beautifully on them. Check out two trades I’m in with my Moxie members below. Click here to become a Moxie Indicator™ Mastery Program member, and don’t miss out on moves just like this! Join us as we track the profit opportunities. Your Profit Pilot, TG Watkins.
As the market continues to correct, I am looking for that first area of support where we can get a more substantial bounce. The internals look like they are getting ready to support an attempt, but the real question of market strength will be after that bounce. Will the market flag or go down hard? Check out which stocks we’re looking at when the bounce happens. Click here to become a Moxie Indicator™ Mastery Program member, and don’t miss out on moves just like this! Join us as we track … Read more
It’s been at least a week in the making, but the pullback that I thought would happen late last week showed up in the middle of this week due to the Fitch downgrade of the US from AAA to AA+. That news just greased the wheels of what we have been expecting since the market was overbought. Check out the trades below I’ve been taking with my Moxie members! Click here to become a Moxie Indicator™ Mastery Program member, and don’t miss out on moves just like this! Join us … Read more
The indexes are slowing down as they are in overbought territory, but beneath the surface, there continues to be a plethora of strong movers. Watch the video above for a possible trade setup on AMD. Also, check out my most recent trade below in VSTO using the Moxie Indicator! Be sure not to miss out on these upcoming opportunities in the market; join us in the Moxie Indicator trading room. Your Profit Pilot, TG Watkins.
The Federal Open Market Committee (FOMC) announcement was yesterday, Wednesday, July 26th. The Fed raised interest rates by another 25 basis points (BPS). This was expected, and the market seems just fine with it. What Federal Reserve Chairman Jerome Powell said in the Q&A was also apparently satisfying to the market. I keep looking for a pullback since the market seems overly bullish, but nothing shows up. So until it says otherwise, I am staying heavy on the long side… Check out which stocks we’re getting long, just like our … Read more
The FOMC is this Wednesday, and they are slated to raise rates by another 25 BPS. The market looks pretty okay with this, as it has been rallying for weeks. The market is starting to get to a point where it seems too hot and overbought, and that makes me wonder if some more selling could come in once the FOMC shares its interest rate news. Stay up-to-date on stock opportunities during this pullback. Become a Moxie Indicator™ Mastery Program member, and don’t miss out on these moves! Join us … Read more
We have been expecting the pullbacks that are happening in the market. Now, we make sure things don’t go too far with individual positions. Then, we keep an eye out for names that are coming into support. This is a good time to go through your bigger watchlists and see what is behaving best. Stay up-to-date on stock opportunities during this pullback. Become a Moxie Indicator™ Mastery Program member, and don’t miss out on these moves! Join us as we track the profit opportunities!
Markets are behaving well and continue to do so as better economic news emerges. Inflation keeps winding down, and the JOLTS shows fewer job openings. While the Fed may still raise rates a little, the market seems okay with that and has probably priced it in. Moxie members and I will take advantage of the opportunities currently arising in the market. Become a Moxie Indicator™ Mastery Program member, and don’t miss out on these moves! Join us as we track the profit opportunities!
The market had already looked great, especially the IWM and its flag. Then the cooler CPI reading came out, and the IWM is breaking out in earnest. It’s a great time to be in the market, so join me in the Moxie Indicator Trading Room for upcoming opportunities.
While the $SPY and $QQQ are a bit extended and taking a breather. IWM looks poised to lead next after resting for a couple weeks but it hasn’t exhausted itself at all. In fact, IWM looks like it’s about ready to go. This could mean that the market is broadening out and doing well. Moxie members and I will look for more potential opportunities in the upcoming weeks. Become a member of the Moxie Indicator™ Mastery Program, and don’t miss out on the moves to follow! Join us as we track … Read more