Pent-Up Degen

10Jun10:51 amEST

Sending The Fed Into Summer

While it is true that there is a scheduled FOMC for late-July, in general the June Fed Meeting (with the announcement at 2pm EST later today) sets the monetary policy tone for markets throughout the summer until Jackson Hole at the end of summer. As The Fed presumably takes a few victory laps today for the recovery in risk assets, liquidity in...

09Jun4:08 pmEST

Stock Market Recap 06/09/20 {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...

09Jun10:54 amEST

I Like My Coffee Like I Like My Bankruptcies...

...freshly-made and ready to provide a nice boost (or something like that). With the likes of CHK HTZ up many times over in recent sessions off their bankruptcy claims, it seems like a sign of the times and the fiat currency-is-confetti vibe The Fed has given off during times of crisis especially that has now reverberated down to many retail...

08Jun4:25 pmEST

Stock Market Recap 06/08/20 {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...

08Jun11:50 amEST

Cheap, Sweet Drugs

Kellogg Company (K), practically embodying the definition of a consumer staple housed in the XLP sector ETF, is a global food company known primarily for its iconic boxed cereal brands (the company also owns Cheez-It, Pringles and Eggo waffles to compliment its cereals). With the extra $600 in weekly unemployment benefits currently still set...

07Jun10:31 amEST

Weekend Overview and Analysis 06/07/20 {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...

06Jun10:32 amEST

Saturday Night at Market Chess Cinemas

I recently re-watched Mel Gibson’s Apocalypto (2006). Gibson is behind the camera on this one, as writer and director of an excellent, underrated historical action and adventure film with a no-name but phenomenal cast. The film is currently available for streaming on Amazon Prime. It is well worth your time for an exciting, intense, and...

05Jun10:39 amEST

On the From-Home Plays

The pandemic and lockdowns, with a few urban area mandatory curfews sprinkled in for some extra flavor, gave rise to a basket of stocks which thrived even during the worst of the March decline. The "from-home" plays, with ZM as the poster child, were the hottest thing going for a while. As the market keeps aggressively pricing in a strong...

04Jun4:39 pmEST

Stock Market Recap 06/04/20 {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...

04Jun11:23 amEST

Pent-Up Degen

A flurry of visitors (and I would imagine quite a few locals) descending onto Las Vegas for its long-awaited reopening is getting plenty of play in the press, and rightfully so--It has been a tedious, draining couple of months in American history. And those who enjoy going to the casino for excitement and stimulation were probably cringing at...