Inflation, Interest Rates and Chop | Moxie Indicator Minutes


On this week’s edition of Moxie Indicator Minutes, TG discusses how the market is at a very difficult spot to interpret right now. On one side, things are stretched and there is enough bearish kindling to set off a short squeeze. On the other, what reason do people have to buy and drive the market up? The BoE bond buying news looked like it could have been that short squeeze opportunity, but today’s failure might indicate otherwise. So keep things light and nimble as we wait to see what happens next.

This video was originally broadcast on September 30, 2022. Click this link to watch on YouTube. You can also view new episodes – and be notified as soon as they’re published – using the StockCharts on demand website, StockChartsTV.com, or its corresponding apps on Roku, Fire TV, Chromecast, iOS, Android and more!

New episodes of Moxie Indicator Minutes air Fridays at 12pm ET on StockCharts TV. Archived episodes of the show are available at this link.

TG Watkins

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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Image and article originally from stockcharts.com. Read the original article here.