Moxie Indicator Minutes

Markets Continue to Break Support

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On this week's edition of Moxie Indicator Minutes, TG explains that the markets have remained weak since the CPI report, despite the Put/Call ratio being high. It looks like traders are correct with their positioning. Some of the news is coming from ADBE earnings, then FDX earnings today. Slower shipping numbers tends to imply a slowing economy, which is what everyone is expecting as recession data continues to roll in.

This video was originally broadcast on September 16, 2022. Click this link to watch on YouTube. You can also view new episodes - and be notified as soon as they're published - using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!

New episodes of Moxie Indicator Minutes air Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.

TG Watkins
About the author: is the director of stocks at Simpler Trading. After graduating with his engineering degree, he set off to earn his Series 6 and 63 licenses and started his career as a financial advisor with New York Life. It was here that Mr. Watkins' knowledge about the financial industry really exploded. Learn More
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