Three Card Monte Market

05Jan2:37 pmEST

They Kept You Up All Night; Now It's Time to Take a Ride

It may seem bizarre that oil prices and stocks are surging amid European countries locking back down amid fears of a new strain of the virus. Indeed, there are quite a few market players and pundits alike who seriously doubt the sustainability of today's rally in the energy complex and indeed most commodities. But when we see that sort of...

05Jan11:18 amEST

A Good Start to Their Winter Journey

After exuding clear and convincing relative strength yesterday, energy stocks are enjoying sharp rallies virtually across the board so far this morning. The three main energy sector ETFs, OIH XLE XOP, are all easily higher as I write this, with the oil services stocks in the OIH showing particularly promising strength. Obviously, this is an...

04Jan4:31 pmEST

Stock Market Recap 01/04/21 {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...

04Jan10:59 amEST

A Bitcoin Curveball Misses This Strike Zone

While I recognize we seem to be in the midst of yet another crypto craze, allow me to suggest that part of the recent surge and headlines/chatter surrounding the move may very well be due to the holiday stretch for equities, with rare days off and half days, to boot. Granted, a weakening Dollar and politicians revealing just how absurd our...

03Jan12:17 pmEST

Special Edition: Full-Length Weekend Strategy Session 01/03/21 {Video}

For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of other...

31Dec10:49 amEST

Here's to New Years, New Opportunities

Although the mere flipping of a calendar page and the seemingly arbitrary act of adding a different digit to the end of the current year may seem like a vastly overblown event, the perspective that a new year brings should drive home some overarching points about life. Time is, indeed, of the essence for all of us, regardless of how much we...

30Dec1:25 pmEST

The Table is Set 12/30/20 {Video}

The precious metals/mining space is setting up favorably into 2021, as discussed in the following video.

29Dec11:15 amEST

COVID Has Topped, But Calm Seas Aren't Ahead

The recent leveling off in COVID-19 cases has been coined a "plateau" by many of the familiar faces from this pandemic who have been cast as the public leaders in the health community. However, airline, cruise line, and casino stocks mostly beg to differ, acting as though the pandemic is entering its final act instead of us headed towards a...

28Dec5:21 pmEST

Stock Market Recap 12/28/20 {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...

28Dec11:32 amEST

Three Card Monte Market

Even with some growth/momentum monsters this year like FUBO and TTD getting hit hard this morning, the money is simply shuffling around to crypto plays and various SPACs, mocking the entire notion of waiting for a lower risk entry for longs as issues like RIOT pop relentlessly. This sort of speculative fervor has been seen intermittently in...