Moxie Indicator Minutes

Sell the Rumor, Buy the News

TG Watkins

TG Watkins

Director of Stocks, Simpler Trading

On this week's edition of Moxie Indicator Minutes, TG explains that, while the market did gap down on the hot CPI number, that gap sparked a strong short squeeze all day on 10/13/22. That's all well and good, but can it sustain? Was it a one-day wonder? If the bulls are going to have anything to work with, the subsequent pullback needs to hold, which is what we will be watching for Friday and early next week. Otherwise, it was yet another bounce in a down trend.

This video was originally broadcast on October 14, 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