In this live broadcast (recorded on February 24th) from the floor of the MoneyShow in Las Vegas, we sit down with TG Watkins, Director of Stocks at Simpler Trading and Editor of the Profit Pilot. TG provides a candid look at his current market posture, explaining why he recently shifted to a 90% cash position and how recent price action is forcing a reassessment of short-term bearishness.
The conversation dives deep into the technical “squeeze” currently defining major indices, the surprising resilience of small-cap stocks, and the rotation out of the “Magnificent Seven” into defensive sectors. TG also breaks down the “picks and shovels” AI trade, the recent volatility in precious metals, and why he avoids entering new positions immediately ahead of earnings reports.
Key Discussion Points:
- Defensive Market Posture: Why TG moved heavily into cash and closed short positions after the S&P 500 and Nasdaq struggled to break below key weekly support levels.
- The S&P 493 vs. Mega-Caps: Analysis of the rotation into consumer staples (XLP) and utilities as the market finds balance outside of major tech names.
- AI and Energy Infrastructure: Exploring the strength in “side departments” like power producers (WOLF, BE) and software (IGV) that support the broader AI build-out.
- Commodity Volatility: Examining the “euphoric” move and subsequent digestion in Gold and the dramatic price swings in Silver and Copper.
- The Earnings Strategy: A look at why TG utilizes the hourly 15-minute timeframes to navigate post-earnings volatility in names like Meta (META) and CoreWeave.
Click here to visit the Simpler Trading website – https://www.simplertrading.com/
Click here to visit TG’s site – Profit Pilot – https://www.profit-pilot.com/
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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security or investment product. Investing in equities, commodities, really everything involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.