TG Watkins

Hey Market Pilot, The market pullback from the other week also pulled down a lot of tickers. Now that might have been a surprise coming from some of the stronger stocks, but I am going to show you a strong point of the Moxie Indicator™ that can prepare you for such a move. The “Inverse … Read more

Hey Market Pilot, I’m having trouble finding good names to trade. Poor breadth is probably the reason. I’m looking at how many stocks are over moving averages such as their 20, 50, or 200 daily simple moving average (SMA). This reveal the current condition of the market beneath what the index says. Right now, I … Read more

Hey Market Pilot, Ever since the S&P 500 (SPY) crossed over its daily 50 simple moving average (SMA) on its last run-up which started a few weeks ago, I had been saying that price would eventually test that daily 50 SMA. It took some time, but the move finally happened last week. However, instead of … Read more

Hey Market Pilot, I don’t think it is much of a surprise to most of us to hear that Omicron, a new Covid-19 variant, has made it to the shores of America. By the time we discovered and heard about it from Africa, it was already on the other continents. It was simply a matter … Read more

Hey Market Pilot, Last week I wrote about how the S&P 500 (SPY) finally got under its hourly 50 simple moving average (SMA) with the hourly Moxie Indicator™ below zero. This is the negative setup that I was expecting for the markets to move lower, but I didn’t expect it to happen on the day … Read more

Hey Market Pilot, We got a little fireworks show in the market to start Thanksgiving week. With Monday and Tuesday being volatile and hammering to the downside, support was found near the daily 21 exponential moving average (EMA) and the fear has subsided going into the actual holiday. We aren’t out of the woods yet, … Read more

Hey Market Pilot, The S&P 500 (SPY) and Nasdaq (QQQ) kept moving up last week, but I am concerned that they are not telling the true story. It seems those indexes are being led higher by a few outsized names. While they look good on the surface, the rest of the market appears to be … Read more

Hey Market Pilot, At one point, some of the biggest names we follow now were growth stocks. Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Facebook (FB) were all growth stocks because there was something about them that was revolutionary and they had a huge ability to “grow” into their market. Think about a company that … Read more

Hey Market Pilot, The S&P 500 (SPY), pictured below, has been moving up steadily for a few weeks with virtually no down days until the pullback started. This was a pretty impressive move that just didn’t seem like it was going to quit, but the market always pulls back eventually. One of the clues about … Read more

Hey Market Pilot, Recently I have been talking about one of my best setups, the Trampoline Move, showing itself on the daily chart of the gold miner exchange-traded fund (ETF) known as GDX. The Trampoline Move is a high-energy, high buoyancy trade that shoots price higher after a dip. When I saw this form on … Read more