Stock Market Recap 01/02/19 {Video}

07Jan3:15 pmEST

Ruthless and Conniving Intentions

What a difference a year makes. When it comes to Bitcoin and Bitcoin proxies, not to mention the many "alt coins," the crypto space had a rough 2018 by virtually any measure. Needless to say, the euphoria of December 2017 seems so distant in the past that it may as well have been from last century. Gone are the days of poker dealers bragging...

07Jan10:58 amEST

A Beacon of Light in a Dark Tape

Two hefty buyout premiums this morning for biotech LOXO and software play LXFT are helping the bull case for a relief rally after last Friday's impressive rally. And when you consider that bears have another golden opportunity after Thursday's selloff to press us lower, the specter of an abrupt rally trapping a majority of traders either short...

06Jan9:39 amEST

Weekend Overview and Analysis 01/06/19 {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...

05Jan11:29 amEST

Economic Cycles Before the Fed

Interesting lecture here regarding the topic of whether we can live without The Fed and what economic cycles were like before we actually had The Fed. via YouTube: Archived from the live Mises.tv broadcast, this lecture by Tom Woods was presented at the 2011 Mises University in Auburn, Alabama. Includes an introduction by Mark Thornton.

04Jan3:50 pmEST

Wild Card Weekend for a Wild Card Market

We are seeing some big-time moves higher in many growth stocks today, namely the enterprise software issues but also squeezes in beaten-down names like GPRO SNAP X. By now, we are conditioned to more or less expect a huge gap down on Sunday evening in the futures to keep everyone honest. But given that sentiment today seems skewed towards a...

04Jan11:22 amEST

A New Type of Logic

It is a bit odd to see Fed Chair Powell pick a day with a very strong jobs report to soften his previously-rigid (compared to, say, Bernanke) tone regarding his hawkish monetary bias. But that is exactly what he has done this morning, as Powell blatantly acquiesced to President Trump's line about "hearing the stock market." Incidentally, the...

03Jan4:52 pmEST

Stock Market Recap 01/03/19 {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...

03Jan2:44 pmEST

Something Magical is Happening with the Miners

Beyond a spirited rally in gold and now silver, something we have seen intermittently for a few years which usually ended in abrupt rollovers, one of the more interesting aspects of the current move is that those miners which are essentially pausing or taking days off do not suffer much in the way of givebacks. Previously, the glaring omission...

03Jan10:31 amEST

An Armed and Dangerous Market

The sharp selloff in shares of Apple this morning looks to more than offset any bullish hope for the BMY for CELG buyout to take the market higher. Similar comments apply to an initial bounce in crude oil, as well as weak ISM manufacturing data perhaps slowing down the hawkish Fed. In fact, the Dow, S&P, and Nasdaq have all taken out...

02Jan4:58 pmEST

Stock Market Recap 01/02/19 {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...