Stock Market Recap 09/16/20 {Video}

23Sep9:17 amEST

Morning Prep 09/23/20 {Video}

The following video is an example of the type of analysis Members receive each morning before the opening bell. Please click here for more details about joining. I hope you find the video useful. Good luck trading today.

22Sep3:14 pmEST

A Bigger Event Than Normal

Insmed, a small/mid-cap biotech focusing on rare diseases, is hosting an R&D day event on September 30th. After absorbing a common stock offering last May remarkably well, shares of the niche biotech firm spent all of this summer basing tightly sideways. Recently, INSM shot up on heavy buy volume (right-hand bottom pane of the daily chart,...

22Sep10:32 amEST

Batteries or Bollingers? Observing Tesla from a Distance

Shares of Tesla are trading 4-5% lower this morning which, frankly, is the equivalent of throwing a deck chair off the Titanic with respect to the prior appreciation the share price has enjoyed the last several quarters, including the horrifying but ultimately ephemeral March bloodbath. As prominent and legendary Wall Street short-sellers like...

21Sep3:30 pmEST

A Worthy Head-Turner

Equities are searching for direction in a mixed day of overall red today. Some stunning resilience in the likes of ROKU TSLA ZM, just to name a few, is surely giving bulls that warm and fuzzy feeling for an imminent continuation of the multi-quarter rally. However, there is no denying how sloppy the small cap daily chart looks now, not to...

21Sep11:17 amEST

Warming Up as They Cool Down

The U.S. Dollar is moving higher with a purpose this morning, using the UUP ETF as a rough gauge, for example. And while I am sure a fair amount of you almost never both to trade currencies, the reality is that you can see the reverberations across several asset classes, with equities and most commodities getting pounded as I write this. We...

20Sep10:22 amEST

Weekend Overview and Analysis 09/20/20 {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...

18Sep11:19 amEST

Line Up Your Winter Gig Before Everyone Else

We have come a long way since the first half of 2008 and even parts of 2011, when the non-precious materials plays dominated the screens of momentum traders. Since then, a new batch of speculators entered Wall Street pretty much focused on tech. However, we may be in the early innings of seeing wildly expensive tech valuations (combined with...

17Sep4:27 pmEST

Stock Market Recap 09/17/20 {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...

17Sep10:26 amEST

Tactical When I Want to Be Strategic

“I have two basic rules about winning in trading as well as in life: 1. If you don't bet, you can't win. 2. If you lose all your chips, you can't bet.” -Larry Hite Into the opening gap down this morning, as much as I wanted to press for an imminent washout, the nature of the current market saw me covering up an AMZN short and trimming a...

16Sep4:21 pmEST

Stock Market Recap 09/16/20 {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...