TG Watkins - Video Interview - Market Volatility, Is Now The Time To Worry About Markets?
TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website joins us to share charts and delve into the current volatile market conditions.
He discusses various market events, such as last Friday’s significant downturn followed by a bounce, and shares his own trading strategies, including his decision to move to cash and focus on day trading the SPX. TG provides a detailed analysis of key support levels, market indicators, and his expectations for future market movements.
TG also offers a deep dive into specific sectors and stocks, including tech, small caps, and financials, highlighting the impact of recent news and technical levels on their performance. He shares his cautious outlook on gold and gold miners, underscoring the importance of waiting for pullbacks and confirmations before making long-term commitments.
Furthermore, TG discusses the state of cryptocurrencies, particularly Bitcoin, in light of recent news about a Bitcoin reserve.
Additionally, TG touches on the uranium sector, explaining the technical indicators that suggest a more extended downtrend.
