Chop Suey Cafe

10Feb10:29 amEST

Don't Freeze Up

Knowing this market, we could be squeezing higher back in the green by the time I press the "Publish" button behind the scenes on this blog post. If so, file this under another, "Ok, Boomer!" warning in a market which newfound unapologetic bulls can fully appreciate. But the main point is that if markets actually do follow-through lower from...

09Feb4:32 pmEST

Stock Market Recap 02/09/21 {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...

09Feb10:08 amEST

Now That Inflation is Within Everyone's Sight...

Back around last Halloween the very idea of being bullish oil and energy stocks was literally laughed off the air on financial news television and social media alike. We took a contrarian approach that the energy stocks were likely in the "apathy' phase on the back of the fear and crash the prior spring. With Brent crude currently at $60 per...

08Feb4:22 pmEST

Stock Market Recap 02/08/21 {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...

08Feb10:13 amEST

The Dogecoin Days of Winter

Given the tune of many of his tweets over the last several weeks, seeing TSLA CEO Elon Musk make a substantial investment in Bitcoin this morning ought not to be too much of a surprise. Crypto-related stocks like MSTR have been screaming higher for a good while now, which begs the question of whether the massive gap this morning amounts to the...

07Feb10:34 amEST

Weekend Overview and Analysis 02/07/21 {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...

06Feb8:21 pmEST

Super Bowl Pick Against the Spread 02/06/21 {Video}

In the following video, I discuss my rationale for my Super Bowl picks against the spread and for the total points scored in the game. Enjoy the big game and good luck if you are wagering.

05Feb11:11 amEST

Something for You Old School Readers

Over ten years ago, the stock market had been melting higher day after day, week after week, and then month after month since the March 2009 bear market bottom. The new melt-up had a seemingly invincible aura about it, with low volume V-shaped rallied being the norm off any slight dip. Bears (and there were plenty of them back then) were...

04Feb4:22 pmEST

Stock Market Recap 02/04/21 {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...

04Feb10:45 amEST

Chop Suey Cafe

Impressive follow-through strength in the U.S. Dollar, whose ETF (versus a basket of developed economies' currencies), is below on the updated daily chart, may not be a factor for stocks in terms of inverse correlation. But it sure seems to be hitting gold rather hard this morning. Another likely factor to the gold/silver/miner dump besides a...