TG Watkins Hey Market Pilot, A few weeks ago numerous names were starting to shape up exactly as I needed them to take advantage of this market. It was exciting to see them come alive in the Moxie IndicatorTM way and I began telling my subscribers about them. Because I have definable setups and patterns, I could … Read more
Hey Market Pilots, Stock trading is an interesting profession we choose. We know all the perksㅡ wealth, no boss, freedom to work when you want, etc. But it is also one of the crazier professions we could try and get into. The market is definitely neurotic and probably one of the last places where wild … Read more
Hey Market Pilots, The markets have been difficult for my style of trading over the last few months as the high momentum, high beta names all took a beating. Week after week I kept trying to figure out where the bottom was and when we could play the long side again. The setups I usually … Read more
Hey Market Pilots, This weekend is a longer one as we get to celebrate on Memorial Day and remember those who have served our country. I hope the weather is nice for you to take some time and enjoy the beautiful landscape this country has and what it is we strive for daily. I come … Read more
Hey Market Pilots, February 16 was the day the music stopped for the high beta names that made me millions last November. It was a wonderful time as the fear of missing out (FOMO) was in full force and investors were trying to chase the agenda of the new presidential administration. Since then, those names … Read more
Hey Market Pilots, The market has been changing character lately. I have been able to find setups, but they only last one to three days and then it all gets given back. There is less and less of a trend to the upside as it appears tops are starting to form. Then, looking around the … Read more
Hey Market Pilots, The market has been on a tear since the Covid-19 low back around mid-March of last year, but there have been some levels where the market has become volatile and run into resistance. Many of those areas coincide with Fibonacci (Fib) levels, which I think is fascinating. I always wonder if Fibonacci … Read more
Hey Market Pilots, Late last week the Centers for Disease Control (CDC) gave updated guidelines about mask requirements for vaccinated people. Clearly, this is good news and a big sign that we are making progress in the fight against Covid-19. But does the market care, or was this already baked into the cake? We have … Read more
Hey Market Pilots, The market spent all day Wednesday beelining downward to the daily 50 simple moving average (SMA). This happened after there was an extremely fast move to the upside in late March and then a very choppy April. After that, the “sell in May and go away” adage kicked in. In the Moxie … Read more
Hey Market Pilots, Mother’s Day was over the weekend and I hope all the mothers out there got the acknowledgment they deserve and a nice casual day. For my mom, we decided to go out in the new boat that we just purchased and get some much needed fresh air and family time. In Washington, … Read more