All-American Metals

15May10:45 amEST

Not Thinking in Linear Terms

This morning's action in equities smacks of bears waking up from their recent hibernation and growling loudly as they search for food, as it seems as though it has been a while since we experienced a sharp opening gap down which held. However, in terms of the larger technical picture we are still keying off the 2,700 level on the S&P 500 Index...

14May3:33 pmEST

Stock Market Recap 05/14/18 {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...

14May1:29 pmEST

Slow Down There, Buddy

Much like I am sure the traffic will be hot and heavy on the Garden State Parkway down to the Jersey Shore points like Monmouth Racetrack to place wagers on sports, not to mention Atlantic City, bulls may have been a bit too zealous this morning in the face of an extended market. I have been a net seller so far today, selling more positions...

14May10:42 amEST

A Gruff Exterior for an Elegant Issue

Courtesy of NJ.com: "Sports betting coming to N.J. after U.S. Supreme Court kills federal ban." New Jersey won its long battle for sports betting Monday when the U.S. Supreme Court threw out a federal ban that has lasted for more than a quarter century. "The legalization of sports gambling requires an important policy choice, but the choice...

13May2:52 pmEST

Weekend Overview and Analysis 05/13/18 {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...

12May10:11 amEST

Saturday Night at Market Chess Cinemas

Writer/director Justin Lin has certainly moved on to bigger things in his career, namely the Fast and the Furious series of films in addition to plenty of pop culture hits, but I still consider his finest work to be, by far, Better Luck Tomorrow (2002). Better Luck Tomorrow might be a bit difficult to track down these days. However, I...

11May3:20 pmEST

Biotech's Bad Boys with Good Charts {Video}

11May10:25 amEST

Is the Walmart Epic Over?

Earnings for Walmart are coming up on May 17th, on the back of what was generally considered to be an unnecessary deal for them to buy a 77% in India's Flipkart, an enormous $16 billion deal . Still, each time WMT has been written off over the years, even decades, the stock always seems to find a way to surprise to the upside at the most...

10May5:00 pmEST

Stock Market Recap 05/10/18 {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...

10May1:52 pmEST

All-American Metals

While I remain long-term bullish on some global material mining giants like BHP (Australia) and PKX (South Korea), it is hard not to look out to the coming midterm elections in November and consider that President Trump (and VP Pence) will be pushing the "American worker" in the midwest theme hard, once again. And if that happens, some...