A Fresh View of Real Estate

11Sep12:27 pmEST

Watch for the Throwback

Despite bullish seasonals in September, gold and the gold miners are not cooperating. As I discussed for Members in a video a few weeks back, seasonality should never be exclusively relied upon to make a trade. Instead, it is simply one component of a trade setup. And when we look at the updated GDX 30-minute chart, below, that $13 gave way...

11Sep10:22 amEST

Not-So-Antiquated Dow Theory

At the beginning of the summer the persistent weakness in the Dow Jones transports was largely cast aside as being outdated. And the notion that the industrials and market at-large should follow the transports lower was eschewed, even mocked, by many a market player. Fast forward to the sessions following Labor Day, and all major averages are...

10Sep4:55 pmEST

Stock Market Recap 09/10/15 {Video}

The following video is a brief, condensed version of the Stock Market Recap which I present each evening to members of Market Chess Subscription Services . In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. If you enjoy my videos and blog posts, then please...

10Sep2:38 pmEST

Obvious Patterns Falling from the Autumn Trees

it is worth noting that we have yet another fairly obvious setup developing in markets, likely adding to the randomness and whipsaws on a day-to-day basis. Just as the tight market range had become ubiquitous over the summer, with a plethora of articles published discussing the historic nature of the consolidation, we now have a fairly obvious...

10Sep12:22 pmEST

Mind the Gap Into Football Season

A major point of contention developing is whether we are on the cusp of another volatility crush, so common in this bull market for years now, after any temporary spike up in the VIX, or instead if we have some unfinished business for some kind of rare VIX super-spike. One simple way to gauge which scenario is to monitor the gap in the VXX ETF...

10Sep10:16 amEST

Most Cannot Avoid This Confrontation

Between GPRO, now MBLY, not to mention NFLX, more and more momentum darlings are starting to succumb to the broad market pressures we saw over the summer. Beyond that, even just last night we saw wild swings in the ES futures markets. Typically, in a benign bull market correction we see many leading growth stocks withstand the market selling...

09Sep5:05 pmEST

Stock Market Recap 09/09/15 {Video}

The following video is a brief, condensed version of the Stock Market Recap which I present each evening to members of Market Chess Subscription Services . In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. If you enjoy my videos and blog posts, then please...

09Sep3:04 pmEST

Momentum on the Other Side, Too

Early weakness in biotechnology and small market capitalization issues looks to have been the "tell" that equities in general would fade a rather sizable gap higher in the futures overnight. As I write this, the S&P 500 Index has been rather soundly sold above the 1980 level, a prior which has tons of memory stretching back to last summer...

09Sep12:23 pmEST

Weighing the Strength of This Bear

In front of the AAPL event at the top of the hour, equities actually flipped to red from the large gap higher at the open, before setting into a sideways range midday. The Russell 2000 Index, see below on the ETF daily chart, offers a good litmus test as to how (imp)potent bears still are in this broad market structure, insofar as this being...

09Sep10:21 amEST

A Fresh View of Real Estate

Equities are snapping back again this morning, with the second consecutive sizable gap higher in the futures translating into a squeeze at the cash open. 1980 still figures to be a level worth watching close on the S&P 500 Index, as we head toward the big AAPL event at 1pm EST today. While that is playing out, Treasuries are coming in as...