Monthly Archives: June 2021
Showing articles 1 - 10 (41 total)
30Jun11:10 amEST
Fourth of July Fireworks for This Sector 06/30/21 {Video}
The following video profiles a uniquely strong sector, both in terms of direct and indirect plays on the underlying thesis, as we have been playing and noting inside Market Chess Subscription Services for the last few months.
29Jun4:09 pmEST
Stock Market Recap 06/29/21 {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...
29Jun10:26 amEST
The Trains Won't Stay Elevated All Summer
Lost in the shuffle amid the crypto infatuation, meme stock bonanza, resurgence in FANG/growth like FB, chips, and now biotechs like NTLA, is the relative and outright weakness in the transportation sector. While I am sure most newcomers to the market since March 2020 (and perhaps others as well) will likely brush off any talk of "Dow Theory"...
28Jun11:26 amEST
Weed, Solars, Meme Stocks Kick off Holiday Week
With cultured and refined Americans piling into AMC theaters this weekend to view the cinematic masterpiece, F9: The Fast Saga (2021), starring all-time talented thespians like John Cena, Michelle Rodriguez, Jordana Brewster, and Tyrese Gibson, AMC is among one of the more attractive charts at this moment in time, seen below coiled up on its...
27Jun9:54 amEST
Weekend Overview and Analysis 06/27/21 {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...
25Jun11:26 amEST
A Clear Setup for Clear Channel
Various short squeeze plays like SPCE, not to mention a variety of retail names like CHS EXPR M OSTK, among many others, are dominating the tape so far today. Stubborn bears continue to find themselves in a tough spot, and that may not change until after the Fourth of July long holiday weekend, at the earliest. While the small cap Clear...
24Jun4:19 pmEST
Stock Market Recap 06/24/21 {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...
24Jun10:51 amEST
The Less Glamorous Parts of Sunny Places and Sunny Power
It sure has been a choppy, tedious cycle for solars, lagging at various intervals while oil and many energy stocks thrived. However, the sector, gauging the TAN ETF, has made at least some valiant steps forward of late. And while there remains a fair amount of technical progress still to be done, we can at least place the likes of SPWR (below,...
23Jun3:49 pmEST
Catch the Next Train
With short squeeze plays like AMC MAC PETS RKT, among many others, continuing to act well in the face of mixed, flattish indices, sticking with the squeeze theme makes sense for now. DMTK is another one, heavily-shorted with a low float, which has the makings of a move higher. On the daily chart, below, the skin cancer detection firm is...
23Jun10:59 amEST
Might as Well Set Up Camp on the Range
Our working thesis over the last week or so inside Market Chess Subscription Services has been that the indices would largely be knocking out some type of range into the Fourth of July holiday, especially given the lack of immediate downside follow-through by bears in the wake of last week's FOMC fallout. And with Bitcoin apparently stabilizing...