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Sideways Good, Too?

The SPDR S&P 500 ETF Trust (SPY) is starting to run into a previous high and all eyes are on it for signs of the bear to return. But if the SPY can hold up and even go sideways like the SPDR Dow Jones Industrial Average ETF Trust (DIA) did, then that can be considered … Read more

Bulls Eye Microsoft

Microsoft Corp. (MSFT) had earnings and they were all over the place. Ultimately it opened with a big gap down, which got entirely bought back up. For now, I am seeing bullish signals and we will have to see how long this can run. Watch the video for more details: Will the market continue this … Read more

Strong January… So Far

The market continues to improve and there are many historical stats that say if the first five days of the year and the first month of the year are bullish, that bodes well for the rest of the year. Of course we don’t know the path, but things are looking decent out there and I … Read more

Down For How Long?

The stock market finally got the pullback we’ve been looking for. The question now is, “How far down will the market go?” We’re seeing a lot of participation in the market, so let’s discuss where we’re looking for price to go next. Let’s review this new market environment: Will the market continue this downward cycle … Read more

CPI Arrives

The U.S. Consumer Price Index (CPI) report came out today, but landed on expectations so the market had a muted response. Not a bad thing, but the market had already been up for a few days and was at resistance. I think we can go higher, but I would love to see a flag or … Read more

Bullish Breakout

The market was in a range for about three weeks, and then decided the data in the U.S. Labor Department nonfarm payroll report was bullish. There appears to be strength out there in many names, although you need to find them since so many other names are still hibernating or sinking. The SPDR S&P 500 … Read more

3 Weeks Flagging

The SPDR S&P 500 ETF Trust (SPY) is going on its third week of sideways action. Is it bullish or bearish? This opens up lots of questions: Don’t short a quiet market? Are buyers not interested in it at all? It’s difficult to say I have any strong clues right now, but I find the … Read more

Weakness to End 2022

The market continues to be weak as 2022 draws to a close. Some of it could be tax loss selling, but this has persisted for a few weeks. The market is not strong, but I would also be looking for a bounce at some point. Right now, I think the bounce would be shortable, but … Read more

Scan For Trades

Today I will show you a quick overview of how to scan with the Moxie Indicator™ and ways that it can help you find stocks in the type of conditions we are looking for in this holiday market. Let’s get a mix of scans: Expect more uncertainty as the stock market moves toward the end … Read more

Inverse Trampoline

Last week’s giant U.S. Consumer Price Index (CPI) move put the indexes into what I call “Inverse Trampoline” moves. This is when price is over the 50-day simple moving average (SMA) and the Moxie Indicator™ is below zero. This is a bearish signal that followed through after the Federal Open Market Committee (FOMC) event midweek. … Read more