TG Watkins - Techincal Trader – Mon 22 Feb, 2021

We have seen a drastic shift in the rotation trade

TG Watkins, Director of Stocks at Simpler Trading joins me to share some of his recent trading action for the past couple weeks. The sectors and stocks that were running in his portfolio were stopped out last week in what is a significant shift in where money is rotating. It’s also important to note that this shift in money flows has not lead to a decline in the broad averages. It shows that money is not exiting the system but that continuing to rotate within it.

Click here to visit the Profit Pilot website to follow along with TG’s trading.


Comments:
  1. On February 22, 2021 at 1:02 pm,
    bonzo says:

    Matthew, this morning RDS.B was up a buck so I sold some@38.71 and bought NFGFF@2.58
    As NFGFF closed @2.75 now I wish I had sold more Shell and bought more NFGFF.

  2. On February 22, 2021 at 2:36 pm,
    irishtony says:

    You underclass are not allowed to trade the markets unless we give you permission…..
    Signed…The Big Boys.
    https://www.zerohedge.com/markets/another-one-bites-dust-fintech-trading-212-halts-buying-penny-stocks

    • On February 22, 2021 at 3:31 pm,
      Excelsior says:

      Good one IrishT. Yes, the Big Boys, really don’t want the little retail investors, to be able to challenge the established financial power brokers.

      This opening line from that piece said it all:

      “Less than a week after the “Game Stopped” hearings – designed not for grandstanding politicians to denigrate the professional class, but to get to the bottom of how a decentralized collective of the great unwashed was allowed to (however briefly) compete, through an upstart broker, with the big boys of manipulation, before being slapped back into their ‘properly’ lower place – it appears another super-exciting FinTech broker has run into issues.”

  3. On February 22, 2021 at 2:46 pm,
    irishtony says:

    This MIGHT be of interest to some on here.
    https://www.zerohedge.com/markets/frenzy-speculative-excess