Vicious Traps

26Dec5:07 pmEST

Stock Market Recap 12/26/18 {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...

26Dec11:28 amEST

Use Goldman for What it is Worth

Besides almost never trading shares of Goldman Sachs, I find the firm's general arrogance rather off-putting. Former CEO Lloyd Blankfein infamous 2009 comment that he's "doing god's work" as a banker did not do the firm any favors, to be sure, from a public relations standpoint. Recently, the stock has been free-falling on mounting leveraged...

24Dec12:13 pmEST

Silver Bells, Gold Tells

While equities continue to slide into Christmas Eve, precious miners are fighting for their place on the totem pole of safe havens. Coming up on an early, 1pm EST close today, the price action in gold and her miners is once again impressive on many fronts. First and foremost, gold is actually do what we would expect it to do in times of market...

23Dec12:03 pmEST

Weekend Overview and Analysis 12/23/18 {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...

21Dec10:45 amEST

Backed By Bolsonaro

Regardless of your political view about the the President-elect of Brazil, Jair Messias Bolsonaro, there is no denying how well a few Brazilian stocks traded here in American have acted during what has been an otherwise unforgiving downtrend. GOL Airlines (GOL) is a Brazilian airline we have been tracking with Members for months now, seen on...

20Dec4:54 pmEST

Stock Market Recap 12/20/18 {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...

20Dec12:10 pmEST

A Boiled-Down Recap of Jay Powell's Christmas Message to the Markets

Have you a valediction, boyo? I must admit, it has been quite some time since we have seen a Fed Chair truly stand his or her ground versus the market. But Powell has done just that, and the reckoning may be sooner than later. From my vantage point, the main issue is how much fear and panic/capitulation do we need to see before arriving at...

20Dec10:52 amEST

Finding Zen in a Chaotic Market

There are some markets which compel swing traders to be rather active, be it pouncing on actionable long ideas in the context of a silky smooth overall market trend higher, or perhaps continually adjusting a rotating market in a tradable range. Other scenarios exist which force us to be more active than usual, too. But the current market is...

19Dec5:03 pmEST

Stock Market Recap 12/19/18 {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...

19Dec3:33 pmEST

Vicious Traps

Walking in anything but a Winter Wonderland, this market is a minefield of nasty traps. Before the FOMC today, we noted with Members that the consensus view seemed to be that the post-Fed reaction was likely to be bullish. After all, how could Fed Chair Powell actually defy the market's weakness (not to mention crude oil's) in recent weeks? As...