Mind Your New Terrain in This Sector

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...

14Jan4:27 pmEST

Stock Market Recap 01/14/21 {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...

14Jan10:03 amEST

Hostile Environments

Along the lines of the epic short squeeze in GME taking place, other uniquely heavily-shorted names like GOGO are joining the party this morning. SDC continues to be a name I am watching for a reentry after selling it into strength a few sessions ago with Members. The larger point, though, is that when the market enters one of these...

13Jan4:23 pmEST

Stock Market Recap 01/13/21 {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...

13Jan10:55 amEST

Skating Through Winter These Days

When I was younger I would continually count down the days until the end of winter, especially those times when I was living in a colder climate. After the holidays, a natural void would seem to materialize and, some years, not relent until late-March or April. Maybe it was the lack of sunlight, or what they call "seasonal affective disorder"...

12Jan3:45 pmEST

Day Two

Headed into the closing bell of a choppy Tuesday session, small caps in the IWM ETF for the Russell 2000 Index continue to stave off bears' attempts at reversing us lower for any noteworthy period of time. Unless and until that changes, it is tough to have conviction on the short side. That said, the more seems much more narrow than it has...

12Jan10:50 amEST

Mind Your New Terrain in This Sector

Fintech upstart and insurance provide, Lemonade (LMND), which has awoken over the last seven weeks or so from a long, post-IPO sideways technical price base, is reversing higher this morning after falling about 7% last night on news of a dilutive secondary share offering (about 3 million shares with an option for more). In and of itself,...