Hey Market Pilot, Last Friday, we saw the market plummet. Now that there has been so much action toward the downside, I find it hard to believe we can move lower without experiencing a move to the upside first — no matter how big or small that pop might be. In the video above, I’ll cover… Why I still think we are overdue for a bounceA closer look into the AAII Bull-Bear sentient chartAn explanation of why there are too many bearish traders in the market While I myself am … Read more
Hey Market Pilot, This week, we had some key players report their earnings. Now the question is, will it go lower? Or will we see a bounce? In the video above, I’ll cover… Why I think we might see a bounce A big picture overview of the market using the ES Futures chart An explanation as to why Thursday’s market action is important to watch Everyone is eager to see which way the market will turn. My thought here is that we won’t know for sure until Amazon (AMZN) and … Read more
Hey Market Pilot, Often, when a ticker becomes oversold, we are accustomed to thinking it could bounce. However, lately, that has not been the case. Many names on my watchlist are still managing to sink lower, despite being extremely oversold. In the video above, I’ll cover… Deep-dive into ARK Innovation ETF (ARKK) and why its chart is showing me a bearish pattern A closer look into PayPal (PYPL) and their steady decline Coverage on why Block Inc (SQ) saw a pop, only to fall further In a market like this, … Read more
Hey Market Pilot, Yesterday, the market action was slightly higher than I expected. With that being said, I think there are many interesting patterns and plays showing themselves if you know where to look. In the video above, I’ll cover… S&P 500 (SPY) price action Deep-dive into Pfizer’s charts and what this example can tell us Outline where I see Moxie sell signals Demonstrate market action through multiple timeframes Point out the false long patterns Overall, it’s a very interesting time to be trading. We’ll see what the rest of … Read more
Hey Market Pilot, Since the market peaked in late March, I have called for the S&P 500 (SPY) to move to the daily 50 simple moving average (SMA). We have reached that area, and I gave the market the possibility that it could bounce at that support level. So far, price action has been very heavy, and buyers are not coming to the rescue. Below is a screenshot of the SPY, where you can see price sitting on the daily 50. One thing to note is that the daily 8 … Read more
Hey Market Pilot, Last month, I alerted the Moxie Indicator™ members about Bitcoin (GBTC, pictured below). At the time, I said that I was waiting to see if price would pull back into support. The next day, I explained that I saw several names on my list acting similarly to GBTC by completing an “elf shoe” pattern (pictured below). In the video above, I’ll explain… How the “elf shoe” pattern completed in GBTC How I correctly anticipated where GBTC’s price was heading Why I was able to anticipate the move … Read more
Hey Market Pilot, Earlier this month, I alerted the Moxie Indicator™ members of a short setup in Autonation (AN, pictured below). Although it took a few weeks, I was able to get out of my position for a nice 8.5% gain by the end. However, this win didn’t come without trials and tribulations. I had to ride out a fair amount of uncertainty and volatility during my time holding this position. That’s why I think it is essential to talk about “trading with conviction.” In this video posted above, I … Read more
Hey Market Pilot, This week the market is all about inverse trampoline moves – a revealing setup in price action. Using the S&P 500 (SPY) and Nasdaq (QQQ) as examples, I’ll point out this pattern on my charts. But what is an inverse trampoline move? It’s a market pattern that is comprised of two distinct characteristics: Price over the 50 SMA Moxie Indicator™ below zero In the video, I explain why I’m expecting price to pull back. I explore more examples in names like Apple (AAPL) and AutoNation (AN). More … Read more
Hey Market Pilot, This week, I’m looking for a pullback in the indexes and some major stocks. In the video (posted below) I show examples of how stocks are setting up similarly to the indexes. Then, I show recent tickers which have already formed the patterns I am projecting onto the indexes. Finally, to end the video, I do my best to anticipate what the markets want — whether it’s up or down. Your Profit Pilot, TG
Hey Market Pilot, We have seen wild swings in all directions over the last few weeks… Such action requires good traders to step back and analyze the “big picture” of market volatility. Right now, I’m looking for trends and patterns that will show me which way this market might sway. Check out this video (posted above) to see a deep-dive into my thoughts. What I’m seeing is the notion that the market feels like it wants to be bullish, but it will need to move down before it can go … Read more