Oh My God, it Even Has a Watermark

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,...

11Jan4:25 pmEST

Stock Market Recap 01/11/21 {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...

11Jan10:23 amEST

Dude, Where's My Bitcoin Rally?

After an exhilarating rally throughout much of the crypto space (including proxy stocks like MARA RIOT) over the last few months, the plethora of headlines today about "Bitcoin is crashing" should be taken with a grain of salt, at least (the title of this blog post notwithstanding). Indeed, this sort of volatility is the rule, not the...

10Jan10:20 amEST

Weekend Overview and Analysis 01/10/21 {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...

08Jan10:18 amEST

Capable of Anything

Markets continue to operate in gravity-defying ways, as Bitcoin, crypto-proxies like RIOT, and TSLA, just to name a few, do the heavy lifting this morning while the Dow and other parts of the market either fade a weak jobs number or hug the flat-line. Indeed, this market reminds me of the famous scene in Chinatown (1974) where the great John...

07Jan3:11 pmEST

Oh My God, it Even Has a Watermark

Part of hedge fund titan Bill Ackman's appeal, for fans and foes alike, is that he combines old school Wall Street cunning ways dressed up as a polished, modern, hedge fund alpha--You might say he a wolf in designer wolf's clothing, with of course a watermark on his business card , to boot. With that in mind, his SPAC, Pershing Square...