Stock Market Recap 07/30/20 {Video}

07Aug11:41 amEST

The "Dollar is Trash" is the New, "Men Are Trash"

With the UUP ETF (for the U.S. Dollar currency versus a basket of developed economies' currencies) bouncing off the long-term $25 level we examined yesterday in this piece , the precious metals and miners are finally cooling off after an exhilarating run. Be that as it may, I see UUP is well off session highs as I write this, placing the...

06Aug4:25 pmEST

Stock Market Recap 08/06/20 {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...

06Aug11:04 amEST

Quick: Someone Tell the L.A. Mayor That Silver is Having a House Party

Dating back to 2007, the $25 level on the UUP ETF, seen below on its monthly timeframe, has been a notable price magnet in terms of how this U.S. Dollar currency ETF (which pits the Dollar versus a bunch of developed economies' currencies, in aggregate) tends to revert after violent price swings. Thus, with increasing headlines and market...

05Aug11:49 amEST

Tie Goes to the Money Runner

A virtual tie amongst those firms reporting earnings last evening and this morning, namely BYND DIS LVGO SQ TDOC TWLO, is a glaring theme so far today, with DIS SQ boosting the bull case while BYND LVGO TDOC TWLO are selling off a good deal. The caveat, of course, is that the likes of LVGO TDOC TWLO all screamed into earnings and, thus, are...

04Aug12:12 pmEST

A Slow But Not Deserted Station

Crude oil, understandably, gets virtually all of the attention in the energy sector most of the time. Since cascading and catching tons of hoopla back in April, the "black gold" has since staged a spirited relief rally only to subsequently flatline, essentially, since early-June. Two months later, we have crude showing some life today after...

03Aug3:39 pmEST

Hurricane Plays Refresher {Video}

Hurricane season is headed into full swing, and it is a rough one. Let's refresh some plays.

03Aug10:50 amEST

Summer Complacency Not in Its Nascency

Both a green VIX and U.S. Dollar this morning seem to be lurking behind the curtain as we kick off what is traditionally a rough stretch of the trading year, from now until around late-October. Some heavyweight tech leaders like AAPL MSFT TSLA ZM, however, are back at it again and masking the more pedestrian action in the small caps and other...

02Aug10:57 amEST

Weekend Overview and Analysis 08/02/20 {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...

31Jul11:34 amEST

Lonely at the Top

We have a bit of a tug-of-war in the market today, as dominant earnings winners like AAPL AMZN FB (though GOOG is soft) seek to offset small cap weakness (IWM is down 2% as I write this even with the indices off their morning lows), as well as assorted other fades. Headed into what is often a choppy, if not outright volatile and bearish, time...

30Jul4:50 pmEST

Stock Market Recap 07/30/20 {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...