VIX Up, Dollar Up...Stocks Up

07Sep4:11 pmEST

The Chart No One is Talking About 09/07/20 {Video}

With no stock market holidays scheduled from now through Thanksgiving, the back end of 2020 is sure to provide further twists and turns for market players. In the following video, we put an overlooked part of the market on your radar to closely monitor.

03Sep10:11 amEST

Here's How to Tell When the Music Crudely Stops

I am on a scheduled (and exceedingly rare) vacation through Labor Day. So, posting will be rather light until after the holiday. However, it is worth analyzing this morning's long overdue Nasdaq softness. No, tech is not crashing. And, yes, aggressive, exuberant bulls captured a uniquely strong uptrend the midst of, for example, New York City...

01Sep4:25 pmEST

Stock Market Recap 09/01/20 {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...

01Sep10:56 amEST

Shell-Shocked U.S. Dollar Fighting to Survive

It has been a rough summer for the greenback, as plenty of price weakness versus most global major currencies combined with souring sentiment and calls for the eventual demise of the U.S. Dollar as the world's reserve currency seem to have rendered it punch drunk. To add insult to injury, our esteemed Fed Chair, Jay Powell, waged a kind of...

31Aug3:22 pmEST

Truly a Sight to Behold

I am mostly sitting out of the never-ending Nasdaq party we are witnessing. Although by now I am sure you have heard plenty of bubble talk and comparisons to 2000, the quarterly chart of the QQQ (which is the ETF for the NDX, or the index of the top-100 market cap weighed stocks in the Nasdaq Composite), below, illustrates the size and scope of...

31Aug10:40 amEST

Land of the Something Sun

News of Warren Buffett investing about $6 billion into five Japanese trading firms is an interesting development considering his recent sales in U.S. airlines and banks. Indeed, after several seemingly lost decades since an epic bubble from 1986 to 1991 (for both stock prices and real estate) burst, it has been tough to discern whether the sun...

29Aug8:32 amEST

Apple and Tesla Stock Split Analysis 08/29/20 {Video}

With marquee market leaders AAPL and TSLA set to effect their respective stock splits into September next week, it is instructive to examine the purpose and history of stock splits, especially for Apple. We do just that in the following video to gain insight into where both stocks may be headed next.

28Aug11:25 amEST

Changing Course At Sea

A few weeks back we played a quick short (via a log TBT ETF) of the chart, below, which is the TLT ETF for Treasury prices. This chart moves inversely to rates, meaning as the chart sells off, rates move higher. Seeing as Fed Chair Powell has been trying to talk up a more lax approach from The Fed regarding inflation, it is not too shocking to...

27Aug6:20 pmEST

Stock Market Recap 08/27/20 {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...

27Aug11:53 amEST

VIX Up, Dollar Up...Stocks Up

After Fed Chair Powell delivered an underwhelming soliloquy at the virtual Jackson Hole symposium regarding inflation perspective this morning, stocks are pretty much resuming their daily melt higher in the Nasdaq, led by TSLA today, albeit with spotty action below surface. And, just as significantly, negative divergences such as the VIX green...