It's been at least a week in the making, but the pullback that TG thought was going to happen late last week showed up middle of this week, due to the Fitch downgrade of the US from AAA to AA+. On this week's edition of Moxie Indicator Minutes, TG explains that that news really just greased the wheels of what he's been expecting since the market was overbought.
This video was originally broadcast on August 4, 2023. Click this link to watch on YouTube.
New episodes of Moxie Indicator Minutes premiere weekly on Fridays. Archived episodes of the show are available at this link.
About the author:
TG Watkins 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.
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