Tight Quarters

29Mar4:23 pmEST

Stock Market Recap 03/29/21 {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...

29Mar10:33 amEST

Let's Go HAM, But Not in a Bill Hwang Kind of Way

Concerns about a contagion in the wake of Bill Hwang's forced liquidation last Friday are clearly front and center this morning, as the financial news media runs with the sensationalist story of a gambling fund manager who may very well be one of the poster children for the unintended consequences of The Fed's historically easy approach to...

28Mar10:28 amEST

Weekend Overview and Analysis 03/28/21 {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...

26Mar10:28 amEST

GameStop is Distracting You from This Theme 03/26/21 {Video}

Alternate title: "The McChess Group." In the following video, we examine the notable strength in the materials miners this morning and a political thesis going forward which opens the door to a high probability trade.

25Mar4:20 pmEST

Stock Market Recap 03/25/21 {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...

25Mar11:00 amEST

You See There, Scooter. He Thinks of the Simplest Things First

We live in a social media and finance world these days where overanalyzing a plethora of backward-looking statistics, esoteric options market flows, and just about every explanation under the sun as to why the market supposedly, allegedly, can or can not do something at any given moment. Against that backdrop, I find it often best to boil...

24Mar3:35 pmEST

Rocket Emoji Leads to Failed Doji

I continue to stay sidelined in cash as the price action this week has morphed from a bit worrisome to downright brutal this afternoon. Case in point: The small caps in IWM were supposed to put in an "inside day" of a mild bounce at their 50-day moving average, as we charted earlier for Members and on my main Twitter feed in the session--At...

24Mar10:26 amEST

Splitting the Baby

Cathie Wood's latest price target of $3,000 for TSLA may very well prove to be an inadvertent "splitting the baby" moment for the market. Well, at least for tech and growth. As you know, the phase “to split the baby” is an idiomatic expression for what seems like an unreasonable decision but is actually a ploy to flush out the truth. It is a...

23Mar4:31 pmEST

Stock Market Recap 03/23/21 {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...

23Mar10:26 amEST

Tight Quarters

More inconsistent price action this morning is leading to a frustrating atmosphere for traders, as small caps, energy, materials (stopping me out of a HCC trade), and financials continue to pull back all the while the Nasdaq is trying to stabilize and reassert itself in a market leadership role. While the potential inverse head and shoulders...