Gold Miners: At Least We Know Where the Goalposts Are

20Sep10:12 amEST

In the Evergrande Scheme of Things

With tons of off-the-cuff Evergrande analysis out there for you to enjoy right about now, the last thing you need from me is another China macro tourist opinion. On that note, I find it fascinating that so few people are even mentioning (even if to then quickly dismiss) the potentially massive head and shoulders top on the small cap-dominated...

19Sep10:10 amEST

Special Edition: Full-Length Weekend Strategy Session 09/19/21 {Video}

For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of...

17Sep12:19 pmEST

Another Plot Twist!

It may just be attributable to an OPEX Friday, but the twists and tuns we have seen of late in this market, especially the large cap tech names in the QQQ ETF (updated hourly chart, below) have truly been something to behold as we head towards the FOMC next week. With QQQ suddenly threatening to breach the lower end of a new established range...

16Sep3:28 pmEST

Update on My Upcoming Book, and Markets, Into the Bell

My upcoming sports betting strategy book has already been completed, in terms of the manuscript and cover design. The above picture is the back cover design by Kelsey Grass. The formatting required to publish it both on Kindle and paperback is taking some time, however, and it may be a few more weeks before it is published and available for...

16Sep11:00 amEST

The Most Appropriate Quote for This Market Journey

“There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it’s the end of a bull market or the end of a bear market.” -Paul Tudor Jones I am of the view that the above quote is relatable to the current market, as the daily swings indicate a certain degree of overall indecision manifesting...

15Sep4:36 pmEST

Stock Market Recap 09/15/21 {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...

15Sep11:30 amEST

An Ironic Comeback Only a Hipster Could Love

We have some more pronounced rotation today away from some large cap tech names, such as AAPL AMZN FB, and over to energy and some materials plays. However, the sense of urgency in the rotation is not yet at the type of pace I want to see to think the move is going to be rocket fuel higher, just yet, although with the European energy crunch I...

14Sep5:03 pmEST

Stock Market Recap 09/14/21 {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...

14Sep10:12 amEST

You Don't Have to Be Monk to Crack This Case

The consecutive gaps higher this week have been faded, broadly speaking, in most parts of tech. Even going back to late-last week, we saw a Nasdaq which did not want to hold onto strength as each session unfolded, namely Friday into the bell. When we look to the charts to put this into context (which is what technicals are often best used for,...

13Sep3:37 pmEST

Gold Miners: At Least We Know Where the Goalposts Are

Headed into the closing bell of a mixed Monday session, the Nasdaq still seems at risk of seeing some selling accelerate lower. On the other side of the tape we have strength in energy and some miners, especially the precious ones today. After an extremely dodgy middle and back-end to the summer, it is understandable to be skeptical of gold,...