Too Early to Start Nibbling

21Mar1:28 pmEST

Curse of the Rat: The Black Death

Starting with the fact that the Bubonic plague (or "Black Death," as it is commonly known) is a bacterial plague (thought to be, specifically, Yersinia pestis) while the Corona Virus is a viral infection, there are many differences, indeed, between the shocking destruction of life Europe saw in the mid-14th century versus what we are seeing...

20Mar11:37 amEST

Flu v Ferrari

As one of our Members astutely noted this morning, it is interesting to see the Maranello, Italy-based (near Bologna) and iconic Italian luxury sports car manufacturer, Ferrari, have its stock hold up as relatively well as it has in recent weeks. On the RACE monthly chart, below, the stock actually bounced off a simple support trend-line...

19Mar4:50 pmEST

Stock Market Recap 03/19/20 {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...

19Mar2:38 pmEST

No Relationships, Folks: Casual Fun Only

As tempting as it may be to call the big, bad, bottom to the market's swoon and declare the global plague to have concluded, the reality is that just as we must stay levelheaded during historical downside volatility and surges we must also not become cheerleaders for each uptick when the market finally shows a modicum of stabilization. In other...

18Mar6:21 pmEST

Full-Length Stock Market Recap 03/18/20 {Video}

Each evening, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of other features. Enjoy the video. Good luck trading and stay safe!

18Mar11:45 amEST

Social, and Technical, Distancing

From a financial and market standpoint, 2011 is a year most likely remembered for the European sovereign debt crisis. A heavy late-summer correction gave way to several months of some of the most wildly indecisive price action we have seen until recently. In hindsight, the mid/late-2011 move in equities is best categorized as a deep correction...

17Mar4:51 pmEST

Stock Market Recap 03/17/20 {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...

17Mar12:49 pmEST

Unlikely Sources of Action

Amid one of the most historically volatile markets it is hard to fathom that the consumer staple stocks housed in the XLP sector ETF made some of the most pronounced moves during this morning's rally. With an elevated VIX, of course, it remains to be seen if the current broad market rally can actually hold this afternoon. However, household...

16Mar5:50 pmEST

Stock Market Recap 03/16/20 {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...

16Mar12:38 pmEST

Too Early to Start Nibbling

Although I would love to be more sanguine regarding the seemingly ubiquitous notion that the current trajectory of a nationwide lockdown will quickly abate in a few weeks and a lead to a surge in pent-up demand, which in turn will yield the mother of all "V" shaped rallies, I suspect the shock of quickly slipping into a recession, if not worse,...