Hey Market Pilots, Good news, the S&P 500 (SPY) and Invesco QQQ (Nasdaq exchange traded fund) have been hitting new all-time highs. This reinforces the stance I had that the SPY move down in mid-June was just a dip. It was a little intense at the time, but I definitely wasn’t communicating anything bearish to … Read more
Hey Market Pilots, It has been a long few months since we have seen the small caps set up strong. The Moxie IndicatorTM subscribers had a really great run with small caps from November to February and then they all pulled back. Some small caps really imploded ─ or at least that’s what it looked … Read more
Hey Market Pilots, Timing is pretty important in trading. I am sure it is even more important when dealing with options since they have a specific time value associated with them. Either way, you can be right about a trend or the overall performance of a stock, but if you enter or exit at the … Read more
Hey Market Pilots, With the big move down in the markets toward the end of last week, price got stretched and when this happens there is always a bounce at some point. The first bounce is usually pretty easy to spot, but the real question is what happens after this point. In the screenshot below, … Read more
Hey Market Pilot, We had the Federal Open Market Committee (FOMC) release its minutes yesterday, June 16 Market reaction caused the dollar to move up strongly and precious metals were hit with a sell-off. Then we woke up today to find each of those moves continued in extreme fashion overnight. The extent of the moves … Read more
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