Beware Knee-Knocker Trading

24Jun4:19 pmEST

Stock Market Recap 06/24/21 {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...

24Jun10:51 amEST

The Less Glamorous Parts of Sunny Places and Sunny Power

It sure has been a choppy, tedious cycle for solars, lagging at various intervals while oil and many energy stocks thrived. However, the sector, gauging the TAN ETF, has made at least some valiant steps forward of late. And while there remains a fair amount of technical progress still to be done, we can at least place the likes of SPWR (below,...

23Jun3:49 pmEST

Catch the Next Train

With short squeeze plays like AMC MAC PETS RKT, among many others, continuing to act well in the face of mixed, flattish indices, sticking with the squeeze theme makes sense for now. DMTK is another one, heavily-shorted with a low float, which has the makings of a move higher. On the daily chart, below, the skin cancer detection firm is...

23Jun10:59 amEST

Might as Well Set Up Camp on the Range

Our working thesis over the last week or so inside Market Chess Subscription Services has been that the indices would largely be knocking out some type of range into the Fourth of July holiday, especially given the lack of immediate downside follow-through by bears in the wake of last week's FOMC fallout. And with Bitcoin apparently stabilizing...

22Jun4:28 pmEST

Stock Market Recap 06/22/21 {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...

22Jun10:55 amEST

It's Still a New Frontier

The temptation with crypto for many seem to be to favor extraordinary bold prognostications all the way around. Bitcoin, and indeed crypto at-large, is said to inevitably dominate the future of the world as we know it. Others may not believe that entirely, but they sure do seem convinced that gold is a pet rock, the fiat U.S. Dollar will...

21Jun4:19 pmEST

Stock Market Recap 06/21/21 {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...

21Jun10:47 amEST

Once You Go (and Short) MAC, You Never Go Back

Despite the weakness on Friday and the increasingly loud chorus of calls for the "inflation trade" if not the entire move to value to be dead and over with for the foreseeable future, I suspect that sort of opinion may be grounded more in folks projecting their angst for missing out on the initial leg of the move higher in value, heretofore....

20Jun9:44 amEST

Weekend Overview and Analysis 06/20/21 {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...

18Jun11:08 amEST

Beware Knee-Knocker Trading

Knee-knocker (Common golf expression) A putt in the three-to-four foot range that causes emotional and physical problems for the golfer. The term comes from the nervous trembling that accompanies these short putts. This sort of market environment, with bearish seasonality from now through end of month/quarter in full swing, coupled with...