Stock Market Recap 07/20/21 {Video}

27Jul4:44 pmEST

Stock Market Recap 07/27/21 {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...

27Jul10:45 amEST

Mixed Martial Markets

Is China intentionally trying to crash world markets, especially ours? While I have no special information regarding that topic, the ongoing liquidations we are seeing in Asia, especially the FXI ETF (for China) and names like BABA are more than concerning. What makes it all the more precarious is that the U.S. markets continue to laugh off all...

26Jul3:47 pmEST

If I Did It...

Tesla kicks off a loaded week of earnings tonight. And, while I do not have a strong opinion for all of the market leaders this week in the near-term, over the coming quarters I still believe the high PE names will face multiple compression even as their reports likely continue to come in strongly. Simply put, we are very likely close to a...

26Jul11:06 amEST

Bitcoin and Gold: It's Not a Zero-Sum Game

The initially failed breakdown in Bitcoin below $30,000 has led to a multi-day squeeze back above it. As is often pertinent in market, from failed moves in one direction come aggressive moves in the other. And when it comes to crypto, we can expect such a volatile young asset class to respond with the requisite beta. However, even as crypto...

25Jul11:45 amEST

Weekend Overview and Analysis 07/25/21 {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...

23Jul10:49 amEST

Well I Guess There's Only One Thing Left to Do

Another "stick save" off the latest selloff on Monday has bulls increasingly galvanized that equities are not going lower anytime soon. Indeed, the mega cap tech monsters like FB GOOGL, coupled with AAPL MSFT resilience as trillion dollar market cap enterprises, with the SNAP TWTR earning rallies as the cherries on top are clearly at the heart...

22Jul11:16 amEST

Krispy Kreme: Terrible on The PE Diet, and the PE Ratio, But...

Here we look at the recent IPO, DNUT.

21Jul3:28 pmEST

No More Summer Blues

For the first time since early-June I am back to being long the gold complex for a trade. Given the U.S. Dollar's weakness today as many commodities rally, coupled with the GDX (ETF for gold miners, seen on daily chart, below) sporting a bullish RSI (bottom pane) divergence to price on the latest push down, the setup is there for the precious...

21Jul11:14 amEST

The Inflation Battle is Far from Over

Although Monday's broad market selloff in equities, which was accompanied by Treasuries rallying as rates plunged, saw a bevy of "I-Told-You-So's" from market players and pundits who remain unconvinced that inflation is anything other than a minor blip coming off a pandemic re-opening, it is interesting to note that some prominent commodities...

20Jul4:36 pmEST

Stock Market Recap 07/20/21 {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...