John Law and the Mississippi Bubble

03Jan3:50 pmEST

Stock Market Recap 01/03/18 {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...

03Jan2:02 pmEST

Genes Leading the Way

From a long-term perspective, it is interesting to compare and contrast two weekly charts for IBB (ETF for larger cap biotechnology stocks) and XBI (ETF for smaller/mid-cap biotechs), respectively below. The main aspect which stands out about these two charts is that the XBI is clearly well ahead of IBB. Indeed, when the smaller cap names in a...

03Jan10:47 amEST

A Coke Classic

Based in Illinois, SunCoke Energy, Inc. seems like the sort of play which, on the surface, could benefit from a Trump Administration. SunCoke, as the name implies, focuses on coke-making and production of coking coal, also known as metallurgical coal, which is used to create coke, one of the key irreplaceable inputs for the production of...

02Jan4:49 pmEST

Stock Market Recap 01/02/18 {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...

02Jan1:12 pmEST

On Commodity Currencies

The following video was published for Members inside Market Chess Subscription Services roughly two weeks ago, on December 20th, 2017. The purpose of the video was to outline the concept of "commodity currencies" and focus that analysis through the prism of the current rally in many commodities. Indeed, we surmised that two specific...

02Jan10:32 amEST

Stirring Up Waters to Catch Fish

The pronounced weakness we saw last Friday, on the final trading day of 2017, is looking increasingly like yet another trap to lure in shorts. As we noted here and for Members, we did not want to exaggerate that weakness as some type of significant bearish omen for equities given the holiday nature of the tape, with plenty of market players of...

31Dec3:20 pmEST

New Year's Eve at Market Chess Cinemas

I am often asked to recommend television series readily available on Netflix or Amazon Prime. With this in mind, on New Year's Eve I thought it would be a good opportunity to publish a list of my top ten television series from this century, thus far. A few criteria to make this list: 1) A minimum of two seasons to qualify 2) New episodes were...

30Dec10:29 amEST

The Tulip Bubble

We will conclude our holiday series of historical and educational blog posts by examining the Tulip Bubble (as well as the Dutch Golden Age for background). The Tulip Bubble has been compared to Bitcoin, fair or not. Even if the analogy does not align, these videos still make for great history lessons.

29Dec10:17 amEST

Dusk Falls on 2017

Regarding the final trading sessions of 2017, we appear to be going out with a bit more of a whimper than a bang, in terms of overall stock action. However, context is imperative, and we know bulls have enjoyed a dazzling rally for a good while now. Thus, a pedestrian close to the year ought not to be cherry-picked by bears as evidence per se...

28Dec9:27 amEST

John Law and the Mississippi Bubble

Yesterday we looked at the famous "South Sea Bubble," which has seen many analogies of late to the Bitcoin/crypto craze. Today, we will look at John Law and the Mississippi Bubble, with two educational videos about one of finance’s most famous people and events. The first one is a thorough explanation and quite fascinating. The second one is...