Saturday Night at Market Chess Cinemas

29Nov10:58 amEST

The Road is About to Take Some Twists

In this day and age of thinking about markets in primitive terms of either "risk on," or "risk off," the last few days of rallying is being met with a morning dip, as we speak. Naturally, when many a trader quickly morphs into a "risk on" mindset, especially on the back of yesterday's post-Powell explosive rally (not to mention a classic...

28Nov5:28 pmEST

Stock Market Recap 11/28/18 {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...

28Nov3:33 pmEST

Crossing Over from Fall to Christmas

Since the broad market correction began, you will note on the bottom pane of the QQQ ETF weekly chart, below, that the RSI has been pinned below its 5-week moving average, a standard measure for this indicator. For reference, the RSI is an acronym for the "Relative Strength Index," used to identify changes in technical momentum. On any given...

28Nov10:57 amEST

Health Scares Be Darned: Chipotle is Back

Brian Niccol, Chipotle Mexican Grill's CEO since February, has impressed the market enough to the point where the stock essentially did not even flinch during this autumnal correction. The restaurant company's digital strategy, above all else, figures to be at the heart of the future growth prospects. But, let us not beat around the bush...

27Nov3:17 pmEST

Solars: Finally Time to Shine? 11/27/18 {Video}

27Nov10:54 amEST

Shop 'til You Drop; Chop 'til You Drop

Despite some more tough trade war talk by President Trump last evening after the closing bell, specifically directed at Apple, the Nasdaq looks to be doing a fair amount of heavy lifting this morning in an otherwise choppy tape. While the SPY (S&P 500 Index's ETF) is still trying to decisively leave $267 in the dust to sustain a relief rally,...

26Nov4:34 pmEST

Stock Market Recap 11/26/18 {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...

26Nov10:29 amEST

The First Stop May Be the Dirtiest

With the broad market off to a sizable Monday morning bounce coming off one of the worst Thanksgiving weeks of trading in several decades, many are quick to point out potential "double-bottoms" on the various indices with respect to their prior October lows. To be sure, those patterns have not yet confirmed and are a good ways away from doing...

25Nov2:08 pmEST

Weekend Overview and Analysis 11/25/18 {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...

24Nov7:10 pmEST

Saturday Night at Market Chess Cinemas

The Count of Monte Cristo (2002) is a respectable adaptation of the iconic novel of the same name by Alexandre Dumas. Ultimately, the casting makes the film worthwhile, as you can sense that the actors know they have a tall task in honoring the time-tested novel on the big screen. The novel, of course, has stood the test of time due to its...