In Like a Lion; Or Kruger National Park for That Matter

03Mar4:31 pmEST

Stock Market Recap 03/03/21 {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...

03Mar2:34 pmEST

The Fight is On

It may very well be the case that was spooked markets most today was the inability of the Nasdaq and growth stocks at-large to bounce in sympathy with the intraday relief in TLT earlier in the session. Instead, QQQ slumped to fresh session lows. And as we wok through the final ninety minutes of the session the Dow is now flipping red, erasing...

03Mar10:54 amEST

A Get Out of Jail Free Card

The Nasdaq is back to trading lower in lockstep, or so it seems, with prices on the 10-Year Note as rates push higher yet again this morning. Just as it seemed as though we would waterfall lower, a rumor apparently hit the tape that Powell may announce some form of Yield Curve Control tomorrow. My best guess is that the Fed is simply putting...

02Mar4:26 pmEST

Stock Market Recap 03/02/21 {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...

02Mar11:02 amEST

GameStop: Not Again!

Equities have the look and feel of digesting yesterday's explosive rally on the back off a sloppy end to the month of February. A settling down process now would be fine by me, though bulls probably do not want to see the S&P 500 Index back under 3,850 anytime soon or else risk a full giveback. In the meantime, we have some intriguing sectors...

01Mar11:02 amEST

In Like a Lion; Or Kruger National Park for That Matter

"March comes in like a lion and goes out like a lamb." - Old Weather Lore Consistent with this market's recent history, the sloppy and seemingly ominous close to the month of February for equities has led to another apparent and vicious squeeze higher to kick off the new month. There are some near-term hurdles to decisively clear in order to...