TG Watkins – Watching Volatility and Oil During This Market Rally
TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot website joins me to share his trading strategy for the general bear market and current bounce. There is a good chance we are in a bear market for a while longer, 6+ months. We look at volatility, using the UVXY, as a barometer to judge where the current rebound will top out. Also oil, after the drop to end last week brings up the question, has oil and energy stocks topped?