A couple of weeks ago, I told our subscribers that XOP was risky to the long side and that it was not wise to be in. Sure enough, it rolled over. I expected USO to do the same, but it pushed up a little longer, only to succumb to the same fate. Let me show … Read more
In today’s newsletter, I showcase an excerpt from the weekly video I put out on Sunday, October 1st to the Moxie Mastery members. I point out the crypto space and how it looked like there was going to be a move. Sure enough, cryptos are one of the strongest areas to start the week off. … Read more
The Moxie Indicator trading method is what I call fractal, meaning the same setups and methods I use to swing trade on higher time frames can be used on the lower time frames for day trading. Let me show you an example from yesterday. Keep up to date with some of the trades I’m watching … Read more
While the market has been weak for nearly two months at this point, let’s step back and examine the higher time frames of some notable tickers. It’s always wise to be aware of the greater context of the market, and I am seeing some consistent patterns I want to show you. Join me this October … Read more
Welcome to the day after FOMC, where the market has decided to throw a tantrum. As for TSLA, it was a wild day due to some Musk comments that got it jacked up for the day, and then FOMC pulled it back down. While I was on the mic yesterday, I pointed out reasons as … Read more
Here is a sneak peek into the Moxie Indicator Trading room and how I told the subscribers to expect $TSLA to pull back from Friday. In addition to that, the market has been weak for so long that I don’t expect anything to change before FOMC. Perhaps that news event will spark something, but we … Read more
Despite the market being lackluster, and even yesterday being weak with the internals, I have not been interested in shorting the overall market. Then on Thursday, things are up! I believe this is proving my stance, and we just need to be patient. As the saying goes, “Don’t short a quiet market”. Have you heard … Read more
The Market is up this morning, and many names are responding, but I cannot say we are in the clear yet. I lean to the upside, but with CPI and then FOMC around the corner, I am sure the market is also waiting for that information. Have you heard about the live Simpler Trading Summit? … Read more
So, news is out that China is banning iPhone use for government employees, and AAPL is down significantly. Interestingly, I alerted to the Moxie subscribers Wednesday morning before the bell rang that I thought AAPL should move down. Then, as soon as the bell rang, AAPL started to sink all day, with a crescendo this … Read more
Labor Day is Monday, and the markets will be closed for the three-day weekend. Be sure to take some time away from the computers and enjoy your friends and family. The market is up on some employment data, and the internals are strong in the first minute of the opening. Will it last? I would … Read more