Whether it’s a short push or more buying, the market rose minutes after Jerome Powell began speaking today. Yes, there could be really negative economic data at some point in the future. But we don’t know how much of that the market has already priced in, and it could take some time to kick in. In this week’s issue of Moxie Indicator MinutesTG explains that when the market wants to go up, we ride it and deal with the negative things when it starts to matter.
This video originally aired on February 3, 2023. Click this link to watch on YouTube. You can also watch new episodes – and be notified when they are released – via the StockCharts on Demand website, StockChartsTV.comor the equivalent apps on Roku, Fire TV, iOS, Chromecast, Android and more!
New episodes of Moxie Indicator Minutes Airs Fridays at 12 p.m. ET Stock Charts TV. Archived episodes of the show are available at this link.
TG Watkins is Equity Director at Simpler Trading. After graduating with an engineering degree, he set out to earn his Series 6 and 63 licenses and began his career as a financial advisor with New York Life. This is where Mr. Watkins’ knowledge of the financial industry really exploded.
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