Back to the Well One Too Many Times

14Jan11:08 amEST

Emeril's Chop House Market

In front of a three-day weekend (markets are closed on Monday for MLK Day), we have a morning full of whipsaws wreaking havoc on most active traders. Given these types of choppy conditions, I find it important to focus on the bigger picture. And when we do so, you will note the weakness in small caps, which w examined yesterday, persisting....

13Jan10:58 amEST

Low Winter Sunset

As the sun sets on the early new year bullish seasonality, it paves the way for some of the harshest seasonality of the year coming up pretty much from after MLK Day next week through mid-March. Of course, seasonality is not a crystal ball, and the market need not run smoothly consistent with seasonal trends or anything close to it. However,...

12Jan5:04 pmEST

Stock Market Recap 01/12/22 {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...

12Jan10:56 amEST

These Woods is for Livin'

And these markets is for tradin'. A pep talk like the one Richard Harrow received in the woods may be in order for some, as the market is functioning like a classic trader's market for now, buying the hot CPI number but then fading the opening pop as we speak. The main takeaway for me is that we are entering both the heart of earnings...

11Jan4:23 pmEST

Stock Market Recap 01/11/22 {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...

11Jan11:06 amEST

The Next Battlefield Maneuver

Should commodities stage a new leg higher within a reasonable period of time, the refinery stocks continue to look undervalued and under-appreciated. Names like CVI PSX and VLO have already run up sharply over the last ten sessions or so, and I would not be chasing them here before a brief consolidation. However, the likes of Holly, below on...

10Jan4:48 pmEST

Stock Market Recap 01/10/22 {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...

10Jan10:24 amEST

You're Trying to Tame an Entirely Different Beast

As America transitions from four decades of supply side economics to a new world of demand side economics, at least two generations of Wall Street players are sure to be fighting yesterday's battles to little avail. In other words, the "Greenspan" boys and girls who came of age (like I did) with the likes of Fed Chairs Greenspan and Bernanke,...

09Jan9:40 amEST

Weekend Overview and Analysis 01/09/22 {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...

07Jan10:29 amEST

Back to the Well One Too Many Times

Shares of GameStop, easily one of (if not the) poster children for the sort of liquidity bonanza The Fed created since March 2020, popped hard last evening after the bell on news the firm plans to create a marketplace for non-fungible tokens, or NFTs. As you know, NFTs have become the chic phrase du jour related to crypto. And the GME fanatics...