Deception is Not the Exception

28Oct4:23 pmEST

Stock Market Recap 10/28/21 {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...

28Oct11:23 amEST

It Ain't Shiba Inu, But It's Honest Work

While it is tough to compete with the sexiness of such valuable assets like SHIBA INU coin, I still think it is worth keying off IWM for directional break clues. I see many are giving on the small cap ETF (of the Russell 2000 Index) making that break anytime soon. One possibility is we get a breakout or break down which lasts a convincing...

27Oct11:19 amEST

It's Like Baseball, Ya See

Late into this most recent summer, I alerted VIP Members (where we focus on long-term investment strategies and ideas) that I elected to entirely sell out of a TWTR long-term play, one we had on since 2017 when the stock was trading in the teens. My rationale was that I expected growth stocks to eventually falter as it became increasingly clear...

26Oct3:31 pmEST

This is Really Going to Hurt

You would never know that gold's multi-year, zoomed out chart looks as constructively as it does given how exasperated gold bugs appear to be of late--But that's just it: Sentiment is so washed out in the precious complex that even legends like Paul Tudor Jones have essentially shrugged the asset class off in favor of crypto. To be clear, I can...

26Oct10:51 amEST

Suddenly, the Quiet Part of Town

Between the moves in TSLA, crypto, commodities, and even the drama with Facebook, it has been rather easy to forget about the biotechnology stocks. After all, as you can plainly see on the zoomed-out XBI sector ETF, bios corrected sharply over the winter and then have spent the last six months or do in the epitome of a "dead money" pattern. ...

25Oct4:36 pmEST

Stock Market Recap 10/25/21 {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...

25Oct10:57 amEST

Obstacles in War

The global materials mining giants, BHP RIO VALE, have noticeably lagged the rally in commodities and commodity stocks in recent months. This is most likely due to the fallouts in China from the Evergrande issues, not to mention lingering COVID lockdowns in places like Australia. However, as the commodity bull seemingly flexes on a daily...

23Oct6:51 pmEST

Weekend Overview and Analysis 10/24/21 {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...

22Oct11:20 amEST

It's Not a Meme Stock, But it Might Start Trading Like One

The general malaise of today's tape, so far, reminds me of the market back last winter during the initial meme stock rallies in AMC and GME, and the like. Back then, the sheer momentum and fast gains captured the attention of just about everyone, be it speculators, pundits, and financial news, to boot. This, in turn, seemed to drain the broad...

21Oct11:59 amEST

Deception is Not the Exception

After a strong open, we are seeing small caps reverse down to red, illustrated on the real-time candlestick forming on the IWM ETF daily chart, below. Led by NFLX and especially the runaway move higher in TSLA, the QQQ ETF is trying to hold things together and, perhaps, motivate dip-buyers to give it their usual effort later today. Just as we...