Not Marriage Material

07Nov5:31 pmEST

Stock Market Recap 11/07/18 {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...

07Nov2:33 pmEST

Unprecedented Thanksgiving Week Travel Should Add Fuel to the Fire

In addition to the usual stress associated with the holidays, the TSA is out today predicting a very hectic travel week in what is already considered to be the busiest week of the year for planes, trains, and automobiles. Whether or not the TSA's prediction comes to fruition, in that agency's infinite wisdom, remains to be seen. But armed...

07Nov10:33 amEST

The Race Takes a Bad Turn for Bears

With the midterm elections now out of the way, combined with a particularly strong earnings report out of Twilio, the market seems more focused on rotating back into tech growth stocks than anything else this morning. As I write this, TWLO has already printed fresh all-time highs and it up nearly 28%, quite impressive indeed considering the...

06Nov4:59 pmEST

Stock Market Recap 11/06/18 {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...

06Nov11:35 amEST

Thirsty for Momentum

Part of the nature of corrective markets is that they do not so much as scare you out as they do wear you out with choppy action and a vast array of head-fakes along the way. And on this midterm election Tuesday, bulls are turning in a decent effort this morning in the Nasdaq to try to reignite some momentum growth plays, albeit with the QQQ...

05Nov4:20 pmEST

Stock Market Recap 11/05/18 {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...

05Nov3:05 pmEST

The Duck, I Says

Even with rates going higher and The Fed on track to raise at least once more before 2018 is over (likely in December), it is fascinating to see those sectors which one would think should suffer from higher rates flourish of late. Specifically, the high-yielding consumer staples, REITs, and utilities have functioned as impressive safety trades...

05Nov10:26 amEST

Forever Elusive

It almost seems poetic that natural gas, after years upon years of endless new lows and failed rallies, would truly improve from a technical perspective and grow stronger by the month as equity markets look as shaky as they have in quite some time. Forever elusive, indeed. On the UNG daily chart, below, which is the ETF for the commodity, note...

03Nov9:05 pmEST

Saturday Night at Market Chess Cinemas

The first season of the YouTube Red series, Cobra Kai , which is the follow-up to The Karate Kid (1984), as well as the sequel, functions initially as a curious "where are they know?" long overdue update. But after that, we have the makings of an excellent series. Ralph Macchio has been known to be rather picky in terms of him advancing...

02Nov10:56 amEST

Not Marriage Material

As one of our Members astutely noted earlier, the S&P 500 Index's ETF, SPY, basically tested its 200-day moving average from underneath in the pre-market surge this morning. Whether or not that will suffice to render the current relief rally near its termination date remains to be seen. However, what we do know is that it remains tough to trust...