Two Stimmy Setups 03/06/21 {Video}

12Mar11:20 amEST

Let's Just Call Him, "Richard's Sporting Goods"

Come to think of it, maybe we should say, "Richer Sporting Goods." With all of the pent-up demand from kids brimming with cabin fever across the country (not to mention the parents, too) after a year of pandemic-related cancellations of sporting events, among other things, I suspect DICK'S Sporting Goods, Inc. (DKS) is in prime position to...

11Mar4:26 pmEST

Stock Market Recap 03/11/21 {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...

11Mar11:48 amEST

Raiders of the Saved Ark

We continue to see improving trading conditions this week, as our working thesis (with we laid out yesterday morning) of an intermediate-term bottom seems to be holding true. In order to continue to see more improvements, tech clearly needs to firm up and absorb, eventually shaking off, the harsh selling the last few weeks. And whether she...

10Mar4:20 pmEST

Stock Market Recap 03/10/21 {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...

10Mar10:03 amEST

We Just Witnessed This Cycle's Bear Stearns Bottom

Back in March 2008, several months of the financials selling off fiercely led to an intermediate-term washout known as "Bear Stearns Bottom," as the famed banking house was embarrassingly bought by JPM for $2 per share, forcing the CEO to walk through his own firm's office building with armed security guards for protection. As many of you may...

09Mar4:32 pmEST

Stock Market Recap 03/09/21 {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...

09Mar10:42 amEST

Rope in a Few Bounce Plays

In last night's video both here and with Members we discussed the often-overlooked 150-day simple moving averages being tested on both ARKK and TSLA. Seeing as they are bouncing hard along with most things tech this morning as rates back off, we now have context going forward for mot bounce plays: Should ARKK and TSLA surrender their 150-day...

08Mar4:22 pmEST

Stock Market Recap 03/08/21 {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...

08Mar10:45 amEST

Tepper Monday Front Runs Turnaround Tuesday

With his well-earned gravitas in play, hedge fund manager David Tepper threw his market-weighted opinion around this morning again, reminiscent of the post-Labor Day 2010 rally after his famous "balls to the wall long" exhortation on CNBC. Given that equities had managers to find some footing, albeit in a violent way, on Friday, I had decided...