Moxie Indicator Minutes

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Progress for the Bulls, But Will It Hold?

by TG Watkins

On this week's edition of Moxie Indicator Minutes, TG explains that, barring any crazy event, the SPX will close its second month over the Monthly 10-SMA. This moving average is his primary tool for assessing whether a longer-term trend is bullish or bearish... Read More 

Moxie Indicator Minutes

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Tickers Still Bullish

by TG Watkins

The SPY is down twice now after the FOMC, where Powell continued to hike rates with another 25BPS. Despite that, there are still many sectors and tickers that are bullish... Read More 

Moxie Indicator Minutes

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Tug of War

by TG Watkins

The financial crisis helped to bring interest rates back down, which is benefiting tech and the growth sector. But the Energy sector is starting to decline which implies a weakening economy. And interest rates going down could be for the bad reason, not the good reason... Read More 

Moxie Indicator Minutes

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Did Systemic Risk Just Show Up?

by TG Watkins

The news of SIVB getting into trouble sent huge waves through the market. Financials and bank stocks cratered which then brought the rest of the market down... Read More 

Moxie Indicator Minutes

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Pullback Finding Support

by TG Watkins

In this week's edition of Moxie Indicator Minutes, TG discusses how we are starting to see the market find support from its mid-February pullback. TG expects a small bounce, but it is not a confirmation of a long yet. The Hourly will still need to setup for that to happen... Read More