Stock Market Recap 05/05/20 {Video}

11May11:45 amEST

Pricing in the Unpriceable

If we had had social media back in 1929-1932, it would have been fascinating to see how the post-October 1929 crash price action and policy decisions would have been met. Not long after the crash, history seems to overlook that both The Fed and President Herbert Hoover took considerable action to try to stem the tide of unemployment as well as...

10May11:37 amEST

Weekend Overview and Analysis 05/10/20 {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...

09May6:18 pmEST

Saturday Night at Market Chess Cinemas

Happy Mother's Day weekend. In light of the special day tomorrow, here is a relevant and worthwhile film. As you might imagine, I am leaning towards the classic cinema of Hollywood yesteryear, with a heavy dose of film noir to keep things interesting. Mildred Pierce (1945) fits the bill, with Joan Crawford winning the Oscar for Best...

08May2:03 pmEST

The New Era of Retail

By now, we are well aware that Amazon is, in many respects, king of the castle in terms of new-world retail purchases and their entire ecosystem. But there is always COST and WMT, with names like BJ not far behind. Grocers like IMKTA KR SFM WMK are coming into their own, too. And there a notch down are the dollar stores like DG and DLTR, with...

07May4:36 pmEST

Stock Market Recap 05/07/20 {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...

07May3:29 pmEST

Pop Quiz Hotshot: There's an Economic Bomb on a Bus

Pop quiz, hotshot : There's an economic bomb on a bus in the form of a multi-month lockdown amid a pandemic. Roughly 33 million people are not out of work, at least, and that number is expected to only grow from here. How do we prevent the economic bomb from fully exploding? Well, some would argue we cannot do much at this point as it is too...

07May11:14 amEST

Slow & Steady Keeps You in the Race

Even if the current market does prove to be merely the early-innings of a new bear market, luring in new longs as we speak, it is not much consolation for over-eager bears who pressed the likes of BYND PTON PYPL SPCE SQ TWLO this week and are now suffering dearly in the way of violent short squeezes higher. The sizable moves today, for example,...

06May3:20 pmEST

Someone is Lying

While there is always the possibility that equities could flatten out into summer, essentially "going dead" on the major indices I suspect that the glaring divergences we are witnessing will come to a head sooner or later. On the one hand we have tech flying again in many cases, be it NFLX SPCE and various biotechs and software names thriving...

06May12:04 pmEST

Sharks Above, Sharks Below

If it seems like the market is trying to trigger stop-losses in both directions today, it is probably because that is, indeed, the case. Typically, the way to avoid getting chopped up constantly is to try to thread the needle of not over-trading your positions but also having some max pain levels where you simply must cut if need be. With the...

05May4:30 pmEST

Stock Market Recap 05/05/20 {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...