Stock Market Recap 10/01/18 {Video}

04Oct4:20 pmEST

Stock Market Recap 10/04/18 {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...

04Oct1:21 pmEST

Waterfall Down; Opportunities Ahead

The morning swoon is holding into the afternoon here, as small caps continue to flash a red warning light. I will flesh this out more for Members in my Midday Video, as volatility is finally starting to perk and apparently not fading, just yet. However, we should not become too morose over this selling, as opportunities for names we have been...

04Oct10:35 amEST

Turn That Frown and Chart Upside Down

The Dow and Nasdaq seem to be growing incredibly concerned with the latest failed bounce in the small caps this week, as yesterday's strength is being overshadowed by this morning's gap down. As a result, I suspect recent hideouts for longs like Apple may now be more vulnerable than ever to finally pulling in for a bit of a reset. While the...

03Oct4:36 pmEST

Stock Market Recap 10/03/18 {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...

03Oct1:58 pmEST

Speeding Without Getting Into Trouble

The energy sector rotation continues to play out, with once-downtrodden natural gas suddenly looking unstoppable behind surges of buy volume to confirm the price breakout. Quite a few energy stocks are becoming short-term extended, which is not necessarily a sell signal or even a reason for caution if this is truly just the beginning of a new...

03Oct10:23 amEST

Wynn and Sands Have Terrible Charts; But They Were Suited

Recent blog posts regarding the gaming sector have mostly focused on the outperformance of ERI, Eldorado Resorts Inc., a mid-cap gaming play with tons of growth in the more intriguing parts of the country like the Reno, Nevada area and the Texas/Louisiana border. Penn National Gaming, Inc. (PENN) is also worth a mention. But, mostly, the rest...

02Oct3:41 pmEST

Stock Market Recap 10/02/18 {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...

02Oct2:51 pmEST

Tough Luck, Lonnihan

Seeing the Dow up triple digits again as I write this reminds me of some of the "setup" con jobs in the The Sting (1973), where nothing was as it seemed to the sucker or mark in the con. Specifically, small and micro cap issues continue to struggle mightily, with the IWM off by more than 1% and completely ignoring oversold conditions. ...

02Oct10:45 amEST

That'll Slow You Down

While certainly not representative of the entire market, the persistent weakness in the small and micro cap stocks this morning in the face of oversold conditions (not to mention a sizable selloff yesterday) is enough to force me to reduce my long exposure, taking down wins where I have them and cutting losses while they are still contained. ...

01Oct4:17 pmEST

Stock Market Recap 10/01/18 {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...