Stock Market Recap 03/25/20 {Video}

31Mar4:33 pmEST

Stock Market Recap 03/31/20 {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...

31Mar12:01 pmEST

Pulling Out All the Stops

With President Trump floating the idea of a $2 trillion (with a T) infrastructure project as the next phase for stimulus, various materials plays are getting a further boost as we close out an historical month and indeed, one of the more memorable quarters Wall Street has ever experienced. As the indices flop around but are generally hanging...

30Mar4:37 pmEST

Stock Market Recap 03/30/20 {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...

30Mar12:17 pmEST

Prognosis Through Osmosis

Extreme opening weakness for the problem spots in this market of late, namely BA, cruise lines like CCL NCLH RCL, airlines, and casino stocks, did not deter buyers from defending against an outright rollover. As a result, another squeeze is back on with bears left scratching their heads as to how the greatest economic superpower the modern...

29Mar12:26 pmEST

Weekend Overview and Analysis 03/29/20 {Video}

The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend 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. Please click here for more...

28Mar5:42 pmEST

The Silent Invader (Westinghouse Broadcasting, 1957)

If you are looking for content to watch on the weekends during the quarantine, now would be a great time to re-recommend a top ten show: The Naples, Italy-based Gomorrah , the first two seasons of which are available on Netflix (there are more seasons but there is a hang-up getting the subsequent seasons in America. Either way, the first two...

27Mar12:34 pmEST

Ration Your Trades, Too

For most market players it is likely correct that when the VIX is, still, this elevated above 20 we should strive to blunt the frenetic pace of the price action and general vibe in the Wall Street air by reducing trading volume and/or position sizing. Although it may initially feel "fun," the reality is that these types of markets, sadly, mark...

26Mar3:10 pmEST

Going Through the Cycle

Bollinger Bands, the eponymous indicator John Bollinger created, are seen on the daily chart for hotel chart Marriott, below. And as one of our Members astutely notes, MAR is one of a slew of names "kissing" a 20-day simple moving average (orange line, arrows) and reversing back to red this afternoon despite another shock-and-awe rally on the...

26Mar11:08 amEST

Looking on the Bright Side

Multi-day relief rallies which are unforgiving to stubborn shorts and quickly become jaw-droppingly fast in velocity to the upside are not the exception during powerful, bearish trends. Indeed, they are the rule as they can and do materialize at various times along the way just when the data and economic prognosis seem particularly grim. Thus,...

25Mar4:37 pmEST

Stock Market Recap 03/25/20 {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...