End The Fed? First, They Will Squeeze The Fed

21Oct11:59 amEST

Deception is Not the Exception

After a strong open, we are seeing small caps reverse down to red, illustrated on the real-time candlestick forming on the IWM ETF daily chart, below. Led by NFLX and especially the runaway move higher in TSLA, the QQQ ETF is trying to hold things together and, perhaps, motivate dip-buyers to give it their usual effort later today. Just as we...

20Oct5:04 pmEST

Stock Market Recap 10/20/21 {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...

19Oct2:56 pmEST

PRINT VERSION AVAILABLE NOW! My Book, "A Street Smart Guide to Modern Sports Betting"

I know that quite a few of you have been patiently waiting for the paperback version of my new book to be released. Well, that day has come. This book appeals to beginners through experts in sports betting. CLICK HERE TO BUY IT NOW! Thank you to those of you who bought the Kindle version, and for the excellent feedback. If you so choose,...

19Oct10:20 amEST

I am Long Silver, and Looking to Get Longer

Charlie Gasparino had an excellent piece in the New York Post last week explaining the intricacies of why the progressive wing of the Democrat party has turned so sour on Fed Chair Jay Powell, and why the Biden Administration may be having second thoughts about his reappointment. If Lael Brainard takes over as Fed Chair, the presumptive...

18Oct4:29 pmEST

Stock Market Recap 10/18/21 {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...

18Oct10:52 amEST

It's Been a Long Cold War

The first chart, below, is the monthly timeframe of Frontline Ltd., the world's fourth largest oil tanker shipping company. As you can see, the stock has, overall, been dead money for nearly ten full years at this point. Much of that coincides with oil itself alternating between cyclical rallies within the context of a secular or long-term bear...

17Oct10:43 amEST

Weekend Overview and Analysis 10/17/21 {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...

15Oct12:56 pmEST

People Used to Ask Each Other for Gas Money

The 1970s were essentially fifty years ago at this point, which means that the phenomenon of gas lines as well as the inflation at-large of that era are lost on most today. In fact, the monster hiding under the bed for a few decades now has been the de flationary bust scenario, more than anything else. As a minor, seemingly trivial bit of...

14Oct2:13 pmEST

In Massachusetts They Shoot from the Lip; In Tennessee from the Hip

From a business standpoint, seeing Smith & Wesson Brands, Inc. (SWBI, below on its daily chart) relocated its headquarters from Massachusetts to Tennessee, is almost assuredly a positive development for one of the nation's oldest and most recognizable firearms manufacturers. Technically, the stock has been tightly basing along its 200-day...

14Oct10:47 amEST

End The Fed? First, They Will Squeeze The Fed

As various Fed heads begrudgingly accept the notion that inflation may not be nearly as transitory as they have been publicly stating, the next step in this process is that markets likely "squeeze" The Fed into eventually raising rates much, much, sooner than they want to (and many would argue they never want to raise rates again, anyway)....