Warning: New Paradigm Coming

07May3:29 pmEST

Pop Quiz Hotshot: There's an Economic Bomb on a Bus

Pop quiz, hotshot : There's an economic bomb on a bus in the form of a multi-month lockdown amid a pandemic. Roughly 33 million people are not out of work, at least, and that number is expected to only grow from here. How do we prevent the economic bomb from fully exploding? Well, some would argue we cannot do much at this point as it is too...

07May11:14 amEST

Slow & Steady Keeps You in the Race

Even if the current market does prove to be merely the early-innings of a new bear market, luring in new longs as we speak, it is not much consolation for over-eager bears who pressed the likes of BYND PTON PYPL SPCE SQ TWLO this week and are now suffering dearly in the way of violent short squeezes higher. The sizable moves today, for example,...

06May3:20 pmEST

Someone is Lying

While there is always the possibility that equities could flatten out into summer, essentially "going dead" on the major indices I suspect that the glaring divergences we are witnessing will come to a head sooner or later. On the one hand we have tech flying again in many cases, be it NFLX SPCE and various biotechs and software names thriving...

06May12:04 pmEST

Sharks Above, Sharks Below

If it seems like the market is trying to trigger stop-losses in both directions today, it is probably because that is, indeed, the case. Typically, the way to avoid getting chopped up constantly is to try to thread the needle of not over-trading your positions but also having some max pain levels where you simply must cut if need be. With the...

05May4:30 pmEST

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

05May10:48 amEST

Aim for Crude, Hit with Natty

While crude oil garners the headlines and receives just about all of the attention relative to natural gas and may or may not be actually bottoming, it is natty which is sporting the more well-defined intermediate-term chart bottom. As we have been profiling both here and with Members, the natural gas breakout could be for a variety of...

04May4:42 pmEST

Stock Market Recap 05/04/20 {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...

04May11:30 amEST

Reality Bites for These Stocks

One of the most diffident versions of Warren Buffett over the weekend we have seen in many years regarding the short and intermediate-term outlook for the economy and markets is likely pouring salt into the wounds of airline bulls who had bet that Buffett would at least retain some stakes in the companies with a positive word or two to boost...

03May12:38 pmEST

Weekend Overview and Analysis 05/03/20 {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...

02May5:42 pmEST

Warning: New Paradigm Coming

The selloff in equities to close out last week saw renewed jitters about the formidable month of May in markets, in general, combined with the persistence of the pandemic and lockdowns. The problem areas for this market over the last few months sold off hard again and are far from healed charts, be it cruise lines like CCL NCLH RCL down 10-14%...