Hey Market Pilot,The poor breadth of the market is finally catching up to the indexes. I have written about this a few times over the last 10 months since the small caps broke in mid-February, 2021. Since then, there has been a deterioration of stocks all over the place while money came out of speculative names, moved into leaders, and finally into value names as the last resort. Now that the leaders are getting hit, what should we expect? What is occurring in the market is called a “Hindenburg Omen.” … Read more

Hey Market Pilot, The market has been very active recently and was even more so with the Federal Open Market Committee (FOMC) minutes released this week. Despite all the wild action, Moxie Indicator™ members have been on the right side of various trades during this volatility, including cashing in two really great VIX Short Term Futures ETF (UVXY) trades. The first UVXY trade was to the upside as the market started to roll over. You can see that alert and my projected 50% projected gain in my last newsletter. On … Read more

Hey Market Pilot,  Last week, the market puked hard into the close on Friday. Did you see it coming? Or was it difficult to pinpoint due to the choppiness of the index as it bounced around for the last few weeks? It was a real challenge as the S&P 500 (SPY) kept bouncing off the lows… until it didn’t. But there was a clearer way to see the timing of the market and the Moxie Indicator™ subscribers nailed it.  Trading to me has always felt a little mysterious, always trying … Read more

Hey Market Pilot, As with most skills that are new to us and will take time to acquire, trading will involve many, many (did I mention many?) mistakes along the way. Those mistakes typically come in the form of losses, which can be draining on our psyche and our account. So let’s take a few moments and discuss how to overcome trading losses since that is crucial to becoming a successful trader. Nearly every trader I know recommends reading anything by author and trader Mark Douglas. I own two of … Read more

Hey Market Pilot, Today the markets will be closed in observance of Martin Luther King day. In addition to taking some extra time away from the markets and with friends, family, or hobbies, we should also remember what the holiday is about. I am sure we sometimes have a holiday and don’t give much thought about what the extra day off is for or why we have set it aside as a special day. Maybe we are just happy to have more time to goof off before going back to … Read more

Hey Market Pilot, The markets are feeling pretty precarious lately. We know growth is out and the small caps are in trouble with the Russell 2000 ETF (IWM) looking like it wants to break down after going sideways for nearly 11 months. With interest rates going up in 2022, tech is experiencing headwinds. But we have seen an inflow into defensive sectors such as commodities, financials, and oil. It’s questionable how the bullish sectors will fare if the general indexes roll over, so I am being extra sensitive about clues … Read more

Hey Market Pilot, There are lots of tickers that make it on my watchlist, despite the fact that I will probably never trade them. Why? There could be several reasons. Maybe I am using the ticker as a market gauge, or I just don’t like how it moves, but I want to learn from it. Or maybe I like to watch them for the soap opera drama that naturally comes with the market. I felt like breaking out my popcorn over the weekend when I was scrolling through my watchlist … Read more

Hey Market Pilot, The Federal Open Market Committee (Fed) came out and said that rate hikes may happen faster than they had been conveying initially. We all knew rate hikes were going to happen, and we even knew there were likely to be three of them in 2022. I am not sure when Wall Street was expecting those hikes to start, but if you divide 12 months by three, there are only so many months to choose from. The news about rate hikes happening sooner and the market’s reaction seems … Read more

Hey Market Pilot, Welcome to 2022! It’s a new year, so does that mean we make a bunch of promises to ourselves which we will likely let fade away in a few months? Heck, maybe a few weeks? I like the notion of New Year’s resolutions, but I also know the reality of how making too many big changes can be difficult to keep. I am more of the type where every day or every week I try to stick to what is best practices for me, and if along … Read more

Hey Market Pilot, So here we are, wrapping up 2021. For as much as 2020 was weird, we at least had an exceptionally fun time with an incredible market. With the world settling into a relatively new normal for 2021, the market shifted and has been very difficult to pin down.  There are big changes happening in the economy which I believe are spurring the shift in the market and I don’t believe we will be seeing anything close to the same action we saw in 2020. Instead, it appears … Read more