Stock Market Recap 05/20/21 {Video}

31May12:41 pmEST

Memorial Day Tribute

Whereas Veterans Day in November recognizes all who have served in the Armed Forces, this Memorial Day holiday honors those who have died serving in the military, giving the ultimate sacrifice for country. The very least I can do, as someone with a platform and voice on social media, is to use it to pay my tribute. Hailing from my home...

27May11:01 amEST

You're Thinking Too Much, Meat!

It is pretty remarkable to see the seasonal pattern unfolding into the end of May here, as the somber, patriotic Memorial Day holiday awaits us. Courtesy of EquityClock.com, the graph below illustrates the seasonal pattern on average for the S&P 500 Index over the past twenty years. As small caps notably outperform again this morning with the...

26May11:50 amEST

MEMEorial Week of Trading Before Memorial Day Weekend

Sure, why not? Let's have another meme stock fest like we did over the winter, what whittle holiday approaching and volume running low. After all, it is tough to short a boring tape. And bears who were pining for crypto volatility to drag down equities may have trapped themselves this week. Having said that, the market is not exactly running...

25May3:41 pmEST

I Proclaim This, "The Summer of Gold!"

If you have never traded through the typical summer doldrums in markets, we are getting a pretty good example of them today. With the exception of meme stocks acting strongly, like AMC and GME, and a few others like AHT, most of the price action has been what can best be described as soggy. Although it can certainly be argued this sort of...

25May11:08 amEST

Remarkable Work At Sea

It is likely that most market players and pundits alike, with the exception of "Roaring Kitty" and similar WallStreetBets/meme stock enthusiasts, expected shares of GME by now to be back in the double-digits, if not the teens, or worse. After a winter for the ages, with an epic run-up, and then another one, and then another one (!), GME has...

24May4:31 pmEST

Stock Market Recap 05/24/21 {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...

24May10:40 amEST

Cold Drinks for the Hot Summer

With a long, hot summer approaching, what better time than now to hone in on up-and-coming beverage plays, especially with the potential for a few more M&A deals? Of course, beyond mere conjecture we want to have the technicals working in our favor. Last week, we profiled Celsius Holdings (CELH) both here and as a play inside Market Chess...

23May9:28 amEST

Weekend Overview and Analysis 05/23/21 {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...

21May11:26 amEST

Dealing with Headwinds

Although it is a stretch to say that bears forcefully reversed equities lower this morning, a headline about China being hostile towards crypto, top of some soft existing home sales, may very well have been the excuse to slow down a hot open. Specifically, the Nasdaq flipped red, with the QQQ every so slightly red as I write this even if the...

20May4:15 pmEST

Stock Market Recap 05/20/21 {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...