Another Pandemic, Another Lake Show

02Feb11:07 amEST

Weekend Overview and Analysis 02/02/20 {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...

30Jan11:19 amEST

Right NOW or Later

A big spot for the market this morning, as dip-buyers initially faltered and we are now at risk for another leg lower in this pullback. The true test for traders, however, as to whether it is worth putting capital at risk on the long side here likely hinges on whether we see something akin to a "stock picker's market," where individual names...

29Jan7:03 pmEST

Stock Market Recap 01/29/20 {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...

29Jan9:45 amEST

Wednesdays Are for the Synergies

News of casino operator Penn National Gaming (PENN) buying a minority stake in Barstool Sports is making waves this morning. PENN took a 36% stake for $163 million in cash and stock much higher as I write this, up and out of a massive base consolidation. To be sure, Barstool has its detractors when it comes to the frat house-style of content...

28Jan4:11 pmEST

Stock Market Recap 01/28/20 {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...

28Jan11:26 amEST

Resisting the Drama

I had a few hedges on headed into today and rather quickly took them off this morning as the opening gap higher built on itself amid a fairly calm and orderly push higher. While we may very well have more backing and filling to do during this consolidation phase, it is likely correct to avoid become too dramatic based on headiness and fears....

27Jan5:49 pmEST

Stock Market Recap 01/27/20 {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...

27Jan10:57 amEST

In Position for the Pullback

As we have been noting with Members in recent weeks, the late-January period after MLK Day is typically one where we see the enthusiasm of the new year wear off, combined with the dead of winter setting in. Beyond that, this year we have a wrinkle in the form of a pandemic fears and headlines, not to mention a generally extended market. So...

25Jan4:25 pmEST

Saturday Night at Market Chess Cinemas

The best film I saw last year was Richard Jewell (2019), Clint Eastwood's gripping, true-life story, based on the 1997 Vanity Fair article "American Nightmare: The Ballad of Richard Jewell" by Marie Brenner. Terrific, and I mean terrific, performances by Paul Walter Hauser, Sam Rockwell, Kathy Bates, Jon Hamm, and Olivia Wilde magnify just...

24Jan11:38 amEST

Another Pandemic, Another Lake Show

It is never a particularly enjoyable topic, dealing with a pandemic capable of spreading quickly around the world like the coronavirus seems capable of doing. But such is life in the markets, on occasion, where we must deal with a rather grave and sobering topic like this one and find a way to make it tradable or at least frame an analysis...