Hey Market Pilot,A lot of traders have been looking at the Market flagging for the last several days and leaning towards it resolving up. But what if it doesn’t? In the video below I give you another direction to consider and why. Your Profit Pilot, TG For more market analysis and real-time entry and exit alerts, join my Moxie Indicator Mastery Program. A trial is now available for your convenience!
Hey Market Pilot, With thousands of tickers and limited capital, traders like myself need to be picky about the setups we choose to pursue. Identifying good setups is a necessary skill, but recognizing when a setup is not worth your time is equally important. That’s why I like to use the phrase “not my trade.” I use this phrase when I deem a ticker not worth trading. However, it’s important to note that the tickers I end up skipping are not always losers. The reason I pass on them is … Read more
Hey Market Pilot, Last week as we headed into the three-day weekend the market saw a nice short squeeze. Now, we are all wondering if we can keep the momentum to the upside going… In the video above, I’ll cover… A deep-dive into last week’s market sentiment My analysis of this current short squeeze Why I think we might not be out of the woods yet I’m leaving the door open to the idea of a continued rally, but I certainly think other outcomes are possible. The next few days … Read more
Hey Market Pilot, The weather is getting nice up here in Washington state; just in time for a long 3 day weekend. While we may not normally think anything of long holidays, sometimes they are for extra special reasons. Reasons we should remember while in our boat, at the BBQ, or watching the kids roll in the grass. This weekend is to remember those who have sacrificed to protect this country and keep our way of life. Most of my family has served in the Armed Forces. My uncle was … Read more
Hey Market Pilot, The market is finally seeing some momentum to the upside. However, given the volatility we have been experiencing, I’m still urging caution. In the video above, I’ll cover… FOMC minutes recap An explanation of the SPY’s “undercut” price action and why it’s a “bear trap” My thoughts as to whether we are in a short rally or upward trend Typically it takes about a day or so after the Fed speaks to find out the true sentiment of the market. We should all be watching the market’s … Read more
Hey Market Pilot, As we start a new week in the market, I’m going down my list of tickers and comparing them to the most recent market action. In the video above, I’ll cover… An explanation of Apple’s double-top price action A deep dive into the breakdown of Amazon’s chart Why Conn’s chart looks weak when comparing it to the S&P 500 In trading, it is always good to analyze charts and find common patterns. However, it is also crucial that you understand certain tickers may follow their own path … Read more
Hey Market Pilot, Yesterday we saw a steady sell-off as the market continued to break down. Today, we can see it is trying its best to bounce. Will we see more action toward the upside? In the video above, I’ll cover… The 20% overall market correction Why I think we are hammering out a bottom Deep-dive into the S&P 500 (SPY) chart and its price action Your Profit Pilot, TG Want to hear more from TG? Join him for a free webinar on Thursday, May 26th, as he discusses his … Read more
Hey Market Pilot, It has been a wild few years with the craziness of the Covid-19 pandemic and all the things that the Fed did to support the economy and the market. We saw one of the strongest bull markets in history and a record number of new traders came into the market since most of us were home, twiddling our thumbs due to the stay-at-home orders. Now it seems the chickens are coming home to roost and the bull market is over. One way to see that the bull … Read more
Hey Market Pilot, Last week, I was studying the S&P 500 (SPY) price action. Upon further inspection, I saw what was looking like an air pocket forming, so I drew a visual. Now, there are additional air pockets forming… In the video above, I’ll cover… Why I thought this air pocket was forming on the SPY Where my next correction target is Why I think there is another air pocket on the IWM As we close out the rest of this week, I am remaining cautious of the market’s price … Read more
Hey Market Pilot, I’ve been studying the S&P 500’s price action, and it’s been incredibly hard to find anything to be bullish about. What are the charts telling me instead? In the video above, I’ll cover… Why I’m still bearish Coverage on the post-fed market sentiment A comparison to 2008’s SPY price action Its been a wild few weeks in the market and the charts are telling me there may be more volatility to come. Stay vigilant, traders! Your Profit Pilot, TG Want to hear from Simpler Trading’s founder, John … Read more