MarketChess

06Nov10:39 amEST

I'm Here for the Pot Party

There are still some question marks concerning the general election earlier this week, as the "gridlock-is-bullish" thesis rather quickly became the loved and accepted view for equities to stage their latest furious rally. Moreover, some Senate run-offs may mean that we could still get a low key blue wave, on at least some level.  On a more...

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05Nov5:09 pmEST

Stock Market Recap 11/05/20 {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...

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05Nov11:56 amEST

The Era of Bad Feelings...and Bad Hedges

About two-hundred years ago in this country, after the War of 1812, America enjoyed "The Era of Good Feelings," with a strong sense of unity among our citizens and even politicians for a brief period of time.  Currently, we are seeing anything but that, with trust running low and tensions running higher. Applied to markets, there is a similar...

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04Nov3:17 pmEST

Election Rotations 11/04/20 {Video}

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04Nov10:21 amEST

Divided We Stand

The biggest takeaway from the (ongoing) election is that we are looking at divided government as the expected "Blue Wave" (nor the proposed "Red Wave," at one point) materialized in Congress. Regardless of whether Biden or Trump wins the White House anytime soon, the Senate will (very likely) remain Republican with the House staying Democratic...

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03Nov12:46 pmEST

Dude, Where's My Ballot Initiative?

Courtesy of Vox.com : Five states — Arizona, Mississippi, Montana, New Jersey, and South Dakota — have proposed legalizing marijuana. Marijuana is currently legal in 11 states and the District of Columbia, and it has been decriminalized in all of the above states except South Dakota. Polls indicate the measures in all five states are likely...

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02Nov3:39 pmEST

Remnants of a Post-Halloween Sale

After a blazing start to October, it has been an exceedingly rough couple of weeks for software growth stalwart, Fastly. The firm now only got clobbered a few weeks back on an after hours guidance cut, but then proceeded to get sold down another thirty points or so, eviscerating many dip-buyers in the process--You can see as much on the...

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02Nov11:12 amEST

And So it Goes

Regardless of what transpires over the next thirty-six hours or so, the sun will still rise on Wednesday, November 4th, 2020. It is rather easy, especially in today's frenetic social media plus 24/7 news cocktail of paranoia, to attach the future of civilization to any given election. In reality, though, there is an objective argument to make...

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01Nov10:31 amEST

Weekend Overview and Analysis 11/01/20 {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...

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30Oct12:09 pmEST

The Worst Halloween Treat Ever

It may seem like a boring, awful treat for bulls on this Halloween eve to have the insurance stocks outperforming nicely into this broad market selloff so far today. After all, the sector is almost never discussed beyond the usual Berkshire Hathaway/Buffett "moat" tropes from time to time.  However, with rates moving higher (See: TLT yesterday...

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