Riding Into the Melee

19May4:21 pmEST

Stock Market Recap 05/19/21 {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...

19May10:03 amEST

Gold and Volatility Are Now Moving Together

This may seem like a theoretical "duh" proposition to newcomers in markets, but it was not always this way. In fact, the gold metal has often gotten the worst of both worlds over the last decade or so, being sold off when markets corrected but then getting sold off and disregarded when markets rallied, too. It was only an occasional glimmer of...

18May4:32 pmEST

Stock Market Recap 05/18/21 {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...

18May10:55 amEST

Summer Real Estate in Shortville Heating Up

It was disclosed last evening that famed, astute investor Michael Burry owned puts against 800,100 shares of Tesla, or what equates to $534 million, by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission. TSLA, however, was already oversold and testing its 200-day moving average before the...

17May3:52 pmEST

A Ceremonial Move

As much as some folks seem to desperately want to talk down commodities of late, the reality is that we could easily be in the throes of a deeper commodity bull run than many would expect. After all, as we have been profiling with the likes of natural gas and stocks like steel play X, many of these plays have been in bear markets or, at best,...

17May10:35 amEST

Don't Underestimate This Character

Natural gas continues to be one of the forgotten commodities in what has otherwise been a strong first half (so far) of 2021 for the asset class. And who can blame anyone? Natty has been abysmal for over a decade now, with my forays into the space being relegated to, typically, one-to-three day trades at most for a quick, reflexive pop. ...

15May6:34 pmEST

Weekend Overview and Analysis 05/16/21 {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...

14May10:59 amEST

Remember Not to Hustle Yourself

It occurred to me this week that there is now an active, roving wolf pack of short-sellers focused on Cathie Wood's ARKK fund (and her underlying holdings) who fancy themselves the next Michael Burry or John Paulson of a potential coming crisis. However, it is worth noting that the global financial crisis came only after many a short seller had...

13May4:47 pmEST

Stock Market Recap 05/13/21 {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...

13May11:06 amEST

Riding Into the Melee

A frenetic bounce in the opening hour or so of today's session is seeing bulls recapture a chunk of yesterday's losses, notwithstanding the drama which unfolded last evening as TSLA CEO Elon Musk tweeted out that Tesla would no longer accept Bitcoin as a form of payment for its car purchases. Naturally, Bitcoin suffered a sharp correction on...