NC-17 Trade Ideas 09/23/20 {Video}

30Sep10:29 amEST

Range Expansion

“When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.” – Paul Tudor Jones While the large cap names in the QQQ ETF push higher to the upper-end of a well-defined $271-$280, likely on hopes of a more realistic second stimulus package...

29Sep4:24 pmEST

Stock Market Recap 09/29/20 {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...

29Sep10:53 amEST

Somewhere in Limbo

Large cap tech leadership marginally reclaimed its previously-broken $271-$280 range late-last week. And QQQ (updated below on its hourly chart) followed-through back up to around the midpoint of that range early on this week. As it stands now, that is a major reason why the market, overall, feels as though it is sloshing around into the end...

28Sep3:32 pmEST

Enough of the Nonsense

In an interview on CNBC this morning we saw Wharton Professor Jeremy Siegel declare that the stock market will surge in 2021 regardless of whether Trump or Biden wins. In and of itself, that is not really news to any of us who have followed him over the years, despite the catchy headline (Siegel is pretty much a perma-bull). More telling, to...

28Sep10:40 amEST

This Time Around, They Are Not Waiting for You

The Fed's monetary policies over the last twelve years or so (some would say twenty-two years, or more) have affected markets, the economy, even society and social issues in ways the overwhelming majority of people may never fully grasp. As an example, did you know that one of the silver linings from the Great Depression was that the wealth gap...

27Sep10:11 amEST

Weekend Overview and Analysis 09/27/20 {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...

25Sep10:27 amEST

Haunted House or Not for October

We have another mixed bag this morning in the broad market, as "chop" seems to be on the tip of most traders' tongues, and rightly so. Beaten-down and prominent names like BA are bouncing a bit after having a rough week, while banks continue to slump and seem unable to sustain bounces. Momentum monsters like PENN are certainly not giving up...

24Sep4:29 pmEST

Stock Market Recap 09/24/20 {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...

24Sep10:19 amEST

Gold Miners: Welcome to the Fall Battleground

Back in late-July, just when the precious metals and mining complex enjoyed a new batch of converts to the yellow metal religious fervor, we expected the exuberance to at least level off for a few weeks, if not months. Inside Market Chess Subscription Services and on this website, we noted the GDX (ETF for larger cap precious miners) weekly...