Stock Market Recap 07/08/21 {Video}

15Jul12:53 pmEST

Price No Longer Has Inspirations; Only Memories

With small and mid-cap stocks (the latter, on the MDY ETF daily chart, below) sloshing around in summer ranges and weak again today there is an even bigger premium for bulls being placed on how well the Dow, titans like AAPL and the QQQ can hold up. Although QQQ is one of the weaker parts of the market so far today, bears are likely going to...

14Jul4:32 pmEST

Stock Market Recap 07/14/21 {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...

14Jul10:54 amEST

It's High Noon Everywhere You Look

A hot PPI inflation reading this morning was initially drowned out by a just-so-coincidentally leak of Fed Chair Powell's comments today where he will maintain a dovish stance. That dovish view is being increasingly challenged by prominent bureaucrats, but they have not yet penetrated Powell's veil of defiance to go ahead and imminent taper,...

13Jul4:23 pmEST

Stock Market Recap 07/13/21 {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...

13Jul10:53 amEST

Out in the Cold in the Middle of July

Another day of poor breadth and weak small caps on the open seems to be irrelevant, once again, as upside reveals in the face of a hot CPI print in the QQQ and even TLT gives bulls some breathing room this morning. Interestingly, despite the growth stock pop we have ARKK red alongside many of its underlying components. Still, this type of...

12Jul4:19 pmEST

Stock Market Recap 07/12/21 {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...

12Jul12:18 pmEST

Let the Game Come to You

Despite continued mixed (at best) breadth, not to mention a failed bounce this morning in Treasuries, the resilience of the major averages is keeping bears at bay for now. Tesla and a bunch of strong semiconductors are bolstering the Nasdaq, which otherwise would almost assuredly be red here if not for those names. This is all happening as...

11Jul11:47 amEST

Weekend Overview and Analysis 07/11/21 {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...

09Jul10:26 amEST

Gotta Respect the Lines

Equities are enjoying a bounce led by some of the beaten-down parts of the market of late namely the Dow industrials, transports, small caps, energy, banks, and materials. Tech is showing relative weakness, as bonds run into resistance (TLT daily chart, below, illustrating some resistance at the 200-day moving average yellow line, meaning...

08Jul4:37 pmEST

Stock Market Recap 07/08/21 {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...