The Era of Bad Feelings...and Bad Hedges

11Nov10:08 amEST

Face/Off Day

On this Veterans Day, the bond market is closed (along with banks, post offices, etc.), but we know stocks are open. As we noted for Members back around Labor Day, it would essentially be a "straight shot" with no breaks until Thanksgiving. With this in mind, TLT is still trading, since it is an actively-traded ETF of Treasuries. Thus, the...

10Nov4:23 pmEST

Stock Market Recap 11/10/20 {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...

10Nov10:41 amEST

Now is When the Drama Starts

It was all too easy to expect a turbulent election week, and the market properly punished bears and hedgers alike with an epic squeeze, almost disorderly, to the upside. Sectors like chips in the SMH ETF looked like astronauts which had broken free from the International Space Station and were gliding through the galaxy without any resistance. ...

09Nov4:33 pmEST

Stock Market Recap 11/09/20 {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...

09Nov2:14 pmEST

Slugging It Out in Japan

With Japan's Nikkei rallying to new 29-year closing highs, I am reminded of one of the best sports memoirs ever published which I read back in 1991, shockingly a good 29 years ago. Slugging It Out in Japan: An American Major Leaguer in the Tokyo Outfield by Warren Cromartie is a great, fun, fascinating read. Since then, let's be honest:...

09Nov10:23 amEST

A Long Time Loading

The Pfizer vaccine news, leading to a plethora of breathtaking gaps higher in back-to-normal plays like AAL AMC WYNN, among many others, certainly is giving many bulls a Monday morning buzz that last week's ceremonial election hedge-burning may be just starting. On the other side of the tape, the extended work-from-home plays like ZM are...

08Nov12:31 pmEST

Weekend Overview and Analysis 11/08/20 {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...

06Nov10:39 amEST

I'm Here for the Pot Party

There are still some question marks concerning the general election earlier this week, as the "gridlock-is-bullish" thesis rather quickly became the loved and accepted view for equities to stage their latest furious rally. Moreover, some Senate run-offs may mean that we could still get a low key blue wave, on at least some level. On a more...

05Nov5:09 pmEST

Stock Market Recap 11/05/20 {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...

05Nov11:56 amEST

The Era of Bad Feelings...and Bad Hedges

About two-hundred years ago in this country, after the War of 1812, America enjoyed "The Era of Good Feelings," with a strong sense of unity among our citizens and even politicians for a brief period of time. Currently, we are seeing anything but that, with trust running low and tensions running higher. Applied to markets, there is a similar...