I Held My Nose and Bought the United States Dollar Fiat Currency

25Jan10:20 amEST

A Similar Fate to Custer

Just as prominent hedge fund and now-famous short-sellers became (literary, in some cases) movie stars and celebrities after various success stories from the 2007-2009 global financial crisis, many of those same names as well as a new cast of others are finding themselves in a similar fate (financially speaking) to George Armstrong Custer....

24Jan9:30 amEST

Weekend Overview and Analysis 01/24/21 {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...

22Jan11:36 amEST

A Market with Cinematic Flair

With shares of Gamestop (GME) still squeezing higher and not giving bears any semblance of a reprieve during a soft tape today, it compels us to keep on the lookout for similar heavily-shorted plays to unleash upside terror. Shake Shack is one of them, quietly strong of late and bull-flagging on its daily chart, below. CRBP GOGO LGND SDC SPCE...

21Jan4:20 pmEST

Stock Market Recap 01/21/21 {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...

21Jan10:29 amEST

Next Stop for Bitcoin...And Risk Appetite

One of the more interesting aspects about Bitcoin and rise in popularity of crypto in recent years has been the increasing correlation between Bitcoin and general risk appetite in markets. Although Bitcoin is being touted as a better alternative to fiat currency than gold or just about anything else, it continues to function as, well, a risk...

20Jan3:50 pmEST

The Indices Are Lying Today

Today is one of those sessions where extended indices and sectors do not necessarily need to be a sign of impending rug-pulls. Instead, we could easily see the rotation game keep the indices afloat or melting higher yet. Case in point: The NFLX earnings lurch higher has galvanized most FAANG names at least for the day. We shall see if that...

20Jan12:01 pmEST

Getting a Little Chippy Out There

One-way markets tend to reveal the more obnoxious side of market players and pundits alike, which is likely being compounded by an extended, emotional election process amid a rare pandemic. On a daily basis, you see a plethora of "I-told-you-so's" from traders who should probably know better but cannot help themselves. Such is the nature of...

19Jan10:48 amEST

Update on Twitter: Nice 'N' Easy Does It

Uniquely forgiving markets like these tend to condition traders to focus even more on instant gratification and instant success. As long as the party goes on, shorts in names like BB GME LAC remains vulnerable, especially the crowded shorts like GME GOGO SDC, etc.. But over time there is always a premium placed on patience, a discipline unto...

18Jan11:01 amEST

Holiday Overview and Analysis 01/18/21 {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...

15Jan10:20 amEST

I Held My Nose and Bought the United States Dollar Fiat Currency

Fiat money. Monetary and fiscal policies in America are now both aligned with an inflation-be-darned mindset, both implied and outright stated at times. And, yet, the U.S. Dollar is bouncing today after President-Elect Biden unveiled a monstrosity of a stimulus proposal on the back of Fed Chair Powell notifying us from his kitchen yesterday...