Market Liked FOMC | TG Watkins (02.03)
Moxie Indicator Minutes with TG Watkins • 17m
Whether its a short squeeze or more buying, the market went up a few minutes after Jerome Powell started speaking today. Yes, there might be really negative economic data coming sometime in the future. But we don't know how much of that the market has already priced in, and it might take time for it to kick in. So if the market wants to go up, we ride it and deal with the negative stuff when it starts to matter.
Up Next in Moxie Indicator Minutes with TG Watkins
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Many Stocks Are Basing / Lifting | TG...
There is a lot of negativity out there and concern about the effects the economy will have on the market. But GDP has come in strong and many names have been basing. Many other names have been quietly rising too. Lets take a look around the higher time frame charts and see what they say. Keep you...
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Smashed Names Showing Life | TG Watki...
Yes, we are still in a bear market, and yes the indexes can still go lower. Heck, the SPY can still waterfall lower. But there are names that have been in their own bear market for a year and a half or two already. And they have either been basing, or are starting to come out of their bases. The ...
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New Year Seeing Strength | TG Watkins...
Volatility products, breadth indicators, and individual tickers are showing me that there is strength coming into the market. Is it the end of the Bear? I can't say, but I see trades setting up that I want to be ready for. Lets dive in and I will show you what I see.
