Square May Decide if it is Hip to Be Bear

13Nov11:04 amEST

GE Needs to Bring Its Chart to Life

For a good while now, one of the more notable dogs of the Dow has been General Electric. GE was a dominant market bellwether at one point, but as life shows us all the only permanence is impermanence. Thus, GE is has become irrelevant on some level, a firm which could have easily gone the way of Lehman Brothers back in 2008 if not for them...

11Nov8:02 pmEST

Weekend Overview and Analysis 11/12/17 {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 mark Please click here for more...

11Nov8:00 pmEST

Saturday Night at Market Chess Cinemas

Clive Owen in Croupier (1998) transcends the cliché about a writer writing a movie about a writer looking for ideas about which to write. I have spent plenty of time in casinos myself, and Owen’s performance hits home as authentic. I was also impressed at how realistic the film portrays gamblers, dealers, and the general day-to-day ongoings...

10Nov1:10 pmEST

Elements of Noir to the Bitcoin Trade

Although I am sure many would choose "horror," "action," or perhaps "comedy," my choice for choosing Bitcoin's genre would probably be film noir, complete with dark shadows and shady characters. Using GBTC as a rough proxy, below on the daily chart, if you replace GBTC with a ticker like MU, or some other high-flying tech firm, you can plainly...

10Nov10:22 amEST

Crocs and Garmin: When Times Were Simpler

Allowing for a bit of nostalgia on this cold November Friday leading up to Veterans Day, the cyclical bull market seen last decade from 2003 until 2007 was a rather enjoyable time. It was a time most equities' traders had not the slightest of what the phases "Credit Default Swaps," or "Mortgage Backed Securities" meant, pre-financial crisis....

09Nov5:15 pmEST

Stock Market Recap 11/09/17 {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...

09Nov2:28 pmEST

Junk in the Trunk While Energy Rides Shotgun

The glaring weakness in high yield corporate paper is getting plenty of attention as this week unfolds, using HYG JNK as proxies. Typically, the type of heavy and steady selling we have seen with high yield corporates and junk bonds often spells trouble for debt-ridden energy firms. However, with XPO, one of the higher beta sector ETFs related...

09Nov10:40 amEST

Leaves Still on the Trees

With one eye on the lagging small caps in the Russell 2000 Index (not to mention mostly sluggish biotechs, healthcare, transports, and high yield corporate paper of late), we want to stay balanced as long as those parts of the market do not wreck some of the more intriguing, emerging plays of late. Specifically, the likes of Grubhub Inc.,...

08Nov3:54 pmEST

Stock Market Recap 11/08/17 {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...

08Nov3:31 pmEST

Square May Decide if it is Hip to Be Bear

Jack Dorsey's better half, Square, is set to report earnings tonight after the bell. Much like NVDA tomorrow night, SQ is a new market growth leader which has enjoyed a strong if not steep rally ahead of this earnings report. And if bears are to negate the upside reversal by the small caps off their 50-day moving average which we saw today,...