In today's video TG reviews the major indexes and large-cap stocks which are in elevated areas that he's not comfortable putting new money to work on the long side. TG wants to see a pullback into support to see what the new opportunities will be. In the meantime, TG also reviews how some names are hammering out bottoms using the Moxie Indicator patterns and setups. Many names are waiting for their turn, which could be during the next leg up once the market pulls back.
The market had the kitchen sink thrown at it this week and its closing on a high. In this episode TG discusses how he believes this is a strong test, for now, and how he could see SPY eventually reach its Monthly 10 SMA. He also dives into some of the FAANG stocks after earnings and touches on en...
In this episode TG discusses how the market and many names have done well over the last week or two, but now they are reaching areas of resistance. If things setup the way TG expects them to, then the drop would be buyable and we can resume the bumpy up trend. TG reviews a few stocks which he b...
TG discusses how inflation is higher than expected across the board and how the market didn't like it, but still managed to stay afloat. He then explores how there continues to be chop in the major indexes and tries to see if the markets can manage to pick themselves up off the floor, while stil...
