Moxie Shines On Apple

Now that time has passed, I want to show how the Moxie Indicator™ worked exceptionally well with Apple, Inc. (AAPL) for both the long and short direction. The moves incorporated the exact same setups and principles for each direction. Come check it out and see if the Moxie Indicator™ can help you with your trading. … Read more

SPY to downside?

It seems to me the market is going to drift upward, but the path is unclear. And while we could look to play the bullish side, I think the bigger move will be down once the SPDR S&P 500 ETF Trust (SPY) and its daily 50-day simple moving average (SMA) meet. Let’s review this wild … Read more

One-Day Wonder

Following up from the newsletter I put out before the U.S. Consumer Price Index (CPI) report, my expected direction of lower was correct. And then the short squeeze kicked in. A burner of a day for the shorts had them on the run as price rose all day long. Was it going to last? Was … Read more

CPI Then, Now

Since I recorded this a day before the Consumer Price Index (CPI) report, let’s see how things unfolded from where they were before. The market looks heavy and it would make sense to keep dropping. The only thing that would get it to pop is a surprise CPI, and then we don’t even know if … Read more

Will Double Bottom Hold?

The stock market closed last week at the June lows and at a very critical spot with the pullback Friday. Can it hold for now and move to a bear flag to the upside for a while? Or will the market fall apart from here? In case the market moves to some strength, there are … Read more

VIX Down, Market Up?

It looks like the market developed an undercut and rally with the SPDR S&P 500 ETF Trust (SPY) midweek, and that would also be defined as a “bear trap” since we closed on the lows Friday then reversed on Monday. Some indications that there could be more upside with the market comes from the Volatility … Read more

Emergency Fed Meeting

Another wrinkle in the chaotic market is word of an emergency Fed meeting today on October 3rd. We don’t yet know what it is about or what the market reaction will be, but we also know the market is very oversold. The kindling is there for a short squeeze. We could see SPY head toward … Read more

Wrinkle In Europe

So the Bank of England decided to start up its bond buying program, which is why Wednesday was a stronger day. Will this help? If so, how long? Or will this be throwing fuel on the inflation fire? Only time will tell, but we do know that the stock market indexes were working off their … Read more

Downside Gets Frothy

This market has been in a downward decline for weeks that started with the Jackson Hole, Wyo., Federal Reserve Symposium, negative U.S. Consumer Price Index (CPI) numbers, Federal Open Market Committee (FOMC) raising interest rates, and Federal Reserve Chairman Jerome Powell talking tough. The bears have been winning and basking in the glory. But as … Read more

Coronavirus – Worse News for the US Economy?

TG Watkins of Simpler Trading discusses the economic impact of Coronavirus both in China and the US. Looking from a market perspective, how will this slowdown affect American companies such as Tesla ($TSLA) and Apple ($AAPL)?