While the $SPY and $QQQ are a bit extended and taking a breather. IWM looks poised to lead next after resting for a couple weeks but it hasn’t exhausted itself at all. In fact, IWM looks like it’s about ready to go. This could mean that the market is broadening … Read more

The market has been very overbought over the last couple of weeks. Currently, it is pulling back and is taking a well-deserved break. This looks pretty orderly so far, and we just need to wait it out and build a list of possible tickers that look ready for the next … Read more

Markets continue to work themselves lower from being overbought. Let’s see if we continue lower and finally pull back. I hope everyone had a good Father’s Day weekend. Let’s step away from the messy market and look at some airplane and classic car pics from the weekend. Become a member … Read more

While the market has been rising, Bitcoin had been falling… until Friday. There was a surge in price on big volume and some of the miners noticed. Let’s see what to do about it. Click here to watch (and read) the summary of my follow-up from the March 1st Market Update … Read more

The markets are going vertical, and it’s been a fun ride… But caution is warranted here. The Volatility Index (VIX) has stopped going down which implies traders are starting to hedge. This is because they see the froth too. I followed up on my March 1st Market Update webinar with … Read more

Since the indexes hit their lows in October, the market has been in a narrow range with poor breadth. That means only a few of the most significant stocks kept the market up. Recently, we have had signs that breadth is spreading out, and the small caps are starting to … Read more

We all know the market does well after corrections. It has been said there are great opportunities after bear markets, which are really just bigger and longer corrections. So, is this a great time to think about your 401K? Click here to see the 2023 Bull/Bear Market Update from March … Read more

Many stocks have been over the 21 Simple Moving Average (SMA). The market finally woke on Friday, and breadth looks much better. Now that we have more broad-based action in the market let’s see where it leads us. Become a member of the Moxie Indicator™ Mastery Program, and don’t miss … Read more

The Nvidia (NVDA) and C3.ai Inc (AI) pops we got last week sent the semiconductor sector into overdrive. That made for some very extended names going into earnings. Can they last? Well, let’s look at a few that just reported and see what the damage is like. Become a member … Read more

According to NVDA and SOXX, Wednesday was the day to buy the dip. NVDA is up over 26% after reporting significant earnings on Wednesday after the bell. As usual, there are many names with sympathy moves happening. Yes, the markets are shaky, but they aren’t going down, so what exactly … Read more