GameStop is Distracting You from This Theme 03/26/21 {Video}

04Apr10:33 amEST

Weekend Overview and Analysis 04/04/21 {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...

01Apr11:10 amEST

April Fool's Paradise

fool's par·a·dise /ˈfo͞olz ˌperəˌdīz/ noun a state of happiness based on a person's not knowing about or denying the existence of potential trouble. The S&P 500 Index above 4,000, tech stocks finding a strong bid the last two sessions and taking the baton back from the infrastructure monsters which clearly front-ran the Biden...

31Mar3:36 pmEST

Hey, Dr. Jones, No Time for Love. We Got Setups!

Strong day for the Nasdaq and indeed many beaten-down growth names, such as our MASS play from yesterday. As we suspected, sentiment has been washed out and they are likely enjoying a seasonally bullish reprieve for the time being. I am not so sure about long-term entries for tech at this point. But for swings there are relative strength...

31Mar10:56 amEST

Shallow Hal Market

The growth darlings during the heart of 2020 (from the March lows through about Halloween/Thanksgiving) went from looking like, shall we say, one version of Gwyneth Paltrow in Shallow Hal (2001) to, shall we say, another version of her. As it stands now, many of the hot-to-trot growth names of 2020 are not looking very good at all on daily...

30Mar3:49 pmEST

...But I Might Be a Whole Mass

Into the bell, I went long 908 Devices, Inc. after they had earnings this morning, with a stop-loss below $41. Located with all the wonderfully warm and pleasant people in Boston, Massachusetts, 908 has the appropriate ticker symbol, MASS. To be serious, though, if you take a gander at their website and read the conference call I think you...

30Mar10:46 amEST

A Leader Returns from Exile

Beyond the bullish price action itself, not to mention the relative strength to choppy if not outright bleeding growth names thus week, one of the more bullish aspects about the rallies in materials plays like USCR and X has been the downright lack of enthusiasm from market participants and pundits alike concerning the group's strength. To be...

29Mar4:23 pmEST

Stock Market Recap 03/29/21 {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...

29Mar10:33 amEST

Let's Go HAM, But Not in a Bill Hwang Kind of Way

Concerns about a contagion in the wake of Bill Hwang's forced liquidation last Friday are clearly front and center this morning, as the financial news media runs with the sensationalist story of a gambling fund manager who may very well be one of the poster children for the unintended consequences of The Fed's historically easy approach to...

28Mar10:28 amEST

Weekend Overview and Analysis 03/28/21 {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...

26Mar10:28 amEST

GameStop is Distracting You from This Theme 03/26/21 {Video}

Alternate title: "The McChess Group." In the following video, we examine the notable strength in the materials miners this morning and a political thesis going forward which opens the door to a high probability trade.