Indexes Still Undecided

The markets have been on fire for months, but that isn’t necessarily the case beneath the surface. Despite the S&P 500 and the Nasdaq trucking along and making new all-time highs, there is a large contingent of tickers not doing well. One thought is that perhaps these stocks are cycling down into better buy points … Read more

Wild Swings Makes Cash King

The market has had a few wild swings lately. While the down move was the easier one to catch, staying out of the market during times like these can be a wise option, too As traders we certainly have an urge and itch to always be in the action and making trades, but if you … Read more

Pullback On Horizon?

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 the Moxie IndicatorTM … Read more

Is Market Behavior Pre-Determined?

The market has been on a tear since the Covid-19 low back around mid-March of last year, but there have been some levels where the market has become volatile and run into resistance. Many of those areas coincide with Fibonacci (Fib) levels, which I think is fascinating. I always wonder if Fibonacci points have become … Read more

Two Day Trade?

Right now, I’m feeling like I’m stuck between a rock and a hard place. I took two small trades, which if they work, might only go for two days. The SPY is near all-time highs as it keeps bumping along the Daily 50 SMA. On the surface, this should be fine, but I just am … Read more

Inverse Trampoline Setup

The market had a pretty rough day on March 3rd, but your accounts probably already told you that. I know mine did when all my stops got hit over the course of a few days. And with all that fresh cash burning a hole in our pockets, I know we were itching to put it … Read more

February is Seasonally Weak

February is Seasonally Weak

Hey Market Pilots, February is typically a weak month, and while that sounds like no fun or detrimental to our accounts, we should keep a few things in mind when contextualizing it. While the second half of 2020 and the beginning of 2021 have been extremely strong, we can’t expect our accounts—or the market—to go … Read more

Correction-by-Time

Correction by Time

Hey Market Pilots, The indexes have been a little difficult to read and interpret over the last few weeks. I chalk this up to back-to-back four day holiday weeks where traders are on vacation and volume is reduced, plus end of year shenanigans due to tax concerns. I wrote a newsletter the other week describing … Read more

When-to-Trade-VS-When-to-Hold

When to Trade VS When to Hold

Hey Market Pilots, Usually I am a pretty active trader, but recently there have been many names out there which have given me significant signs that I should hold on for longer. So when and how do we decide to go from trading a stock to holding a stock longer term? For trading, it’s mostly … Read more