TG Watkins - Macro and Seasonality Says It’s Time to Play Defense With Your Portfolio
TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website joins us to delve into the macroeconomic factors influencing market trends and investor behavior as we approach the U.S. election. TG provides insights into the seasonality of September as a typically weak month and its impact on market dynamics.
We discuss the influence of political uncertainty on big investors and the likelihood of defensive sectors like consumer staples gaining traction. Additionally, TG analyzes technical indicators such as the put-call ratio and 50-day SMA (simple moving average) to predict market corrections, and the potential benefits of interest rate cuts on various sectors like real estate, regional banks, and small caps.
