The Patterns Depend on Your Perspective

25Aug4:30 pmEST

Stock Market Recap 08/25/20 {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...

25Aug11:21 amEST

Be Careful What You Wish For

News of Salesforce.com, which reports earnings tonight, replacing Exxon Mobil in the Dow Jones Industrial Average (alongside AMGN HON replacing PFE RTX) seems like an awfully brazen move in light of the multi-quarter explosion in tech we have seen, heretofore. In addition, XOM has been a long-time poster child for the underwhelming action in...

24Aug4:27 pmEST

Stock Market Recap 08/24/20 {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...

24Aug11:05 amEST

The Need for Bold Action

A steady, persistent but somehow still limp noodle-esque rally with respect to underlying participation is showing at least some pause this morning, with pronounced fades in heavyweights AAPL and TSLA as I write this. Even NVDA went green-to-red, along with AMZN. However, despite how obvious the poor breadth divergences to price have been, not...

23Aug8:51 amEST

Weekend Overview and Analysis 08/23/20 {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...

21Aug10:31 amEST

Cherry Coke and Apples in Season This Summer

The melt-up in shares of Apple, seen below on its daily chart, alongside the likes of TSLA ZM, figure to have been instrumental for Nasdaq bulls by the time the closing bell rings today to finish out this late-summer week with another decisive victory. While AAPL, currently over $2 trillion in market cap and Warren Buffett's second largest...

20Aug4:55 pmEST

Stock Market Recap 08/20/20 {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...

20Aug11:29 amEST

Outnumbered Predators

Bears are feeling like outnumbered predators these days, especially with another early, quick, dip-buy in the Nasdaq off the opening bell weakness this morning. Indeed, unless and until we see dip-buyers in the QQQ ETF get smacked down a few times it is going to be tough to envision a broad market pullback into Labor Day. Even with NVDA...

19Aug4:23 pmEST

Stock Market Recap 08/19/20 {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...

19Aug10:47 amEST

The Patterns Depend on Your Perspective

Weakness in the precious metals and miners this morning seems to be frustrating gold bugs who urged folks to not miss out on an imminent leg higher in the complex this week. This holds especially true considering that the Dollar is only marginally bouncing, which is something I was not expecting--I was thinking (and still do) that the Dollar is...