Under the Cover of Cryptomania...

28Dec9:27 amEST

John Law and the Mississippi Bubble

Yesterday we looked at the famous "South Sea Bubble," which has seen many analogies of late to the Bitcoin/crypto craze. Today, we will look at John Law and the Mississippi Bubble, with two educational videos about one of finance’s most famous people and events. The first one is a thorough explanation and quite fascinating. The second one is...

27Dec10:50 amEST

The South Sea Bubble of 1720

Many analogies have been drawn between the rally in Bitcoin (and indeed plenty of cryptocurrencies and crypto-related plays) and "The South Sea Bubble" a few centuries back. Regardless of whether you vehemently disagree with the analogy or not, the following video offers food for thought and some interesting history about markets during this...

26Dec3:50 pmEST

Stock Market Recap 12/26/17 {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...

26Dec10:55 amEST

Under Armour Walking the Plank

Amid speculation that UAA CEO Kevin Plank may be preparing to exit the firm he founded and built from scratch into a prominent athletics brand, the stock seems to be at the quintessential do-or-die crossroads. Under Armour has easily been one of the more disastrous big name stocks this year. Granted, retail took its sweet old time to wake up...

25Dec1:51 pmEST

Christmas Day Overview and Analysis 12/25/17 {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 mark Please click here for more...

24Dec2:08 pmEST

Christmas Eve at Market Chess Cinemas

Just a few years after the shopping mall had opened, my father took me to AMC theaters at Newport Centre in Jersey City, New Jersey, right around Christmas of 1990. The occasion, that time, was to see the re-release of Goodfellas (1990) which had officially been released on September 19th, 1990. Back in those days, though, the holidays...

22Dec9:38 amEST

Stock Bros Before Ho-Ho-Hos? Think Again

Here at Market Chess we take pride in a consistently strong work ethic, eschewing the emotional roller coaster and scatterbrained nature you might see elsewhere in the financial blogosphere. However, there is a time and place for everything. And it is worth remembering that the stock market does not give much in the way of holidays throughout...

21Dec10:41 amEST

A Chip off the Old Blockchain

Much like anything named "Blockchain," or any firm which decides at the drop of a hat to change its name to something related to "blockchain," we are seeing correlated movement higher in the energy and materials patch off their recent rallies. Granted, we are not talking about 500% gains intraday. But, then again, the roulette wheel is only fun...

20Dec4:15 pmEST

Stock Market Recap 12/20/17 {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...

20Dec2:32 pmEST

Under the Cover of Cryptomania...

Lost in the shuffle of the focus on crypto plays of late may very well be the surge in materials. The XME, sector ETF for materials miners, non-precious and a few precious, as well, can be seen below on its daily timeframe. The heavy and steady buy volume (bottom pane of chart, with a barrage of sizable green daily volume bars), indicates that...