TG Watkins Hey Market Pilot, Welcome to 2022! It’s a new year, so does that mean we make a bunch of promises to ourselves which we will likely let fade away in a few months? Heck, maybe a few weeks? I like the notion of New Year’s resolutions, but I also know the reality of how making … Read more
Hey Market Pilot, So here we are, wrapping up 2021. For as much as 2020 was weird, we at least had an exceptionally fun time with an incredible market. With the world settling into a relatively new normal for 2021, the market shifted and has been very difficult to pin down. There are big changes … Read more
Hey Market Pilot, Welcome back to the final stretch of the year. It was certainly a turbulent few weeks leading up to the Christmas holiday, especially with that gap down on December 20. That gap down appeared to be what set the hook for a short-covering rally and the Santa Rally everyone was wondering about. … Read more
Hey Market Pilot, Merry Christmas and Happy Holidays! I hope you all are enjoying whatever special time you prefer to celebrate. I wish that were the market right now, with us in the middle of a Santa Claus rally, but the most we have gotten so far is some bouncing. Right now, the markets are … Read more
Hey Market Pilot, We continue to see the markets work themselves lower on the back of significant news and economic developments. Omicron (a Covid-19 variant) seems to be getting politicians panicked again and talk of lockdowns is increasing. The “Build Back Better” plan is on hold. Tapering has doubled. And there will most likely be … Read more
Hey Market Pilot, Wednesday was Federal Open Market Committee (FOMC) day and the market was apparently waiting with bated breath for what members had to say. While they did double the size of the tapering, the rest of the statement was largely dovish. They communicated that they were willing to be accommodative based on what … Read more
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