Monthly Archives: April 2021
Showing articles 11 - 20 (39 total)
22Apr4:43 pmEST
Stock Market Recap 04/22/21 {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...
22Apr10:34 amEST
Go on the DASH Diet This Summer
Since its December 2020 IPO, DoorDash, an online food ordering and food delivery platform, had a run-up into late-January followed by a seemingly endless correction ever since. That may sound familiar, since many other growth and tech stocks have followed the same pattern. But with about three weeks to go until DASH reports earnings, it is...
21Apr3:34 pmEST
Silver: Bring it in for the Real Thing
As Bitcoin continues to correct, the precious metals and miners are heating up and having another go at a breakout higher. Specifically, silver, which has been leading the group, including its premier miners like AG CDE EXK HL PAAS SSRM, are all threatening fresh breakouts. CDE, below on its updated daily chart, illustrates this point,...
21Apr10:40 amEST
Walk it Back
Despite a sharp post-earnings gap lower for Netflix this morning, taking the leader down below its 200-day moving average, stocks are mostly wanting to stage a bit of a relief bounce. To be sure, more stocks are coming back down to interesting spots, such as the gambling leader PENN down to its 150-day moving average with about two weeks to go...
20Apr3:37 pmEST
Stock Market Recap 04/20/21 {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...
20Apr10:33 amEST
The Stock Market's Version of April Showers
"Sweet April showers Do spring May flowers." Soggy underlying price action in equities continues to be the predominant theme of late, as many traders are understandably frustrated with the senior indices still operating basically right at all-time highs. The growth standouts which suffered harsh corrections this winter have staged mostly...
19Apr3:29 pmEST
The True Head of the American Alliance from Jump Street
Tobacco and North America have been the true dynamic duo, long before the founding of the United States of America. Evidence suggests tobacco was growing in North America by 6,000 BCE, and smoking tobacco leaves may have been practiced on the continent for 2,300 years. Furthermore, settlers grew tobacco in the streets of Jamestown (America's...
19Apr10:23 amEST
A Skirmish or Something More
It seems fitting that today, April 19th, is the anniversary of "The shot heard round the world," which of course refers to the opening shot of the Battles of Lexington and Concord on April 19, 1775. As you know, that began the American Revolutionary War and led to the creation of the United States of America. Thus, as we see a mixed underlying...
18Apr11:26 amEST
Weekend Overview and Analysis 04/18/21 {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...
16Apr10:50 amEST
Can Shorts Continue to DOGE This Bullet?
You will beg my pardon for including a Dogecoin reference in the title of this blog post. But, then again, that is the finance world we live in at the moment. Still, it is hard not to thin that market players and peculators at-large have become so infatuated with the flavor of the day in crypto that they are losing sight of several important...