Final Hour Market Context

05Oct4:35 pmEST

Stock Market Recap 10/05/21 {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...

05Oct10:41 amEST

Spending More Time At the Crime Scene

Wide range trading persists on the indices, with yesterday's weakness largely erased into this opening push higher. That said, a fair amount of individual stocks I am watching are not exactly bouncing with the same sort of vigor the indices are. But with IWM holding $220 again, we have to account for the potential of QQQ to bounce back up to...

04Oct4:43 pmEST

Stock Market Recap 10/04/21 {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...

04Oct10:52 amEST

Failed Hammers Make for Narrow Passes

The main takeaway from the action thus far this morning is that Friday's much cheered-upon hammer-like (potential!) bullish reversal candlestick on the Nasdaq daily chart (arrow on QQQ ETF daily, updated below, highlights this) looks to be decisively negated with the early selling breaching Friday's lows. Bulls may very well be able to salvage...

03Oct10:52 amEST

Weekend Overview and Analysis 10/03/21 {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...

01Oct3:27 pmEST

Don't Sleep on This Sector 10/01/21 {Video}

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01Oct10:22 amEST

Hey, Jay: Whatchu Gonna Do With All That Junk?

As shocking as it was when The Fed announced it would buy junk bonds last year, it has been equally shocking (although not surprising at this point) how accepted it has become. Indeed, the JNK and HYG ETFs have flourished since March 2020, alternating between periods of trending smoothly higher and then grinding slowly but surely sideways...

30Sep4:41 pmEST

Stock Market Recap 09/30/21 {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...

30Sep11:20 amEST

Quarters: No Longer a Game

As the third quarter of trading for 2021 officially closes this afternoon, we now have some completed quarterly candlesticks to analyze. The GDX quarterly, first chart, below, shows gold miners suffering a rough couple of months. But the group is showing life today, impressive considering how mixed and squishy equities are acting. That said,...

29Sep3:15 pmEST

Final Hour Market Context

We are still a few weeks away from the heart of next earnings season. The debt ceiling, Evergrande, and inflation issues are rotating front page headlines on a daily basis, or so it seems. And the market is trying its best to process all of it. You might argue this period is a sorting out process, at least for now. To my eye, the clear winners...