Remember the Alamos

16Apr3:06 pmEST

Fade the Infrastructure Mirage

We are in the midst of an economic desert right now, wandering around and seeing various mirages in the form of hope for an immediate recovery. Bulls can point to the large cap tech names as their bread and butter, although as we discussed earlier today there are too many glaringly weak, important sectors which are not nearly as sanguine,...

16Apr11:41 amEST

You Want a Spread? I'll Give You a Spread

Bifurcation / ˌbīfərˈkāSHən / noun : The division of something into two branches or parts. A clearly bifurcated market is taking hold this morning in far more of a pronounced way than we have seen of late. The persistent strength in the QQQ, ETF for the top-100 stocks in the Nasdaq Composite, be it AMZN NFLX NVDA TSLA, among others,...

15Apr4:44 pmEST

Stock Market Recap 04/15/20 {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...

15Apr11:26 amEST

Masks Covering a Fierce Rivalry

You might be wondering just how much longer we can see trading sessions where the premier names in the Nasdaq, notably Amazon, can exude such impressive relative and absolute strength even as small caps, banks, energy, insurers, REITs, among other weak parts of the market, can keep suffering bloody selloffs. In early 2008, however, many bears...

14Apr11:35 amEST

It'll Do till the Mess Gets Here

Another surge in the major market averages is leaving many market players rather dumbfounded as to how a global economic shutdown for this amount of time can inspire equities to keep rallying in this manner. Naturally, The Fed and the actions of the federal government will be seen as obvious reasons insofar as their supporting of liquidity and...

13Apr4:37 pmEST

Stock Market Recap 04/13/20 {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...

13Apr10:59 amEST

Amazon Beast Versus the World

To very little surprise, Amazon is in the familiar position, love it or hate it, of trying to keep the rest of the market afloat. Shares of AMZN are currently a rounding error away from all-time highs which, despite the obvious benefits the empire that Jeff Bezos built has enjoyed during this moment in history, is still something to behold...

12Apr12:48 pmEST

Weekend Overview and Analysis 04/12/20 {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...

11Apr8:19 pmEST

Market Chess Cinemas: Quarantine Edition

I raved on Twitter about "Mankind: The Story of All of Us," a 2012 miniseries with twelve episodes. So, I might as well make it official and give this production its due. Available on Amazon Prime, the miniseries originally appeared on History channel. Josh Brolin's narration captures the spellbinding nature of tracing human's history form the...

10Apr5:03 pmEST

Remember the Alamos

Now would probably as good of a time as any to remind all of us (including myself) that the total amount of gold mined in our history, since the Egyptians began mining gold before 2000 BC., would fill a little more than three Olympic sized swimming pools. Of course, I raise this point as The Fed aggressively adopts not only the Bernanke 2008...