MarketChess

25Jun10:45 amEST

Have to Stay Focused Here

The opening dip in the Nasdaq-100's ETF, QQQ, was bought fairly quickly on the open under $242. As we noted earlier this week both here and with Members, $242 seems to be a high stakes battleground during the current market battle, as bears still need to prove they can hold below it in order to make some more meaningful progress beyond any sort...

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24Jun5:02 pmEST

Stock Market Recap 06/24/20 {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...

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24Jun10:55 amEST

Nature Versus Nurture of the CoronaVirus Beast

No matter how mentally, emotionally, and physically ready most of us are to move on from the last several months of pandemics, lockdowns, social unrest, and, overall, one of the more glaringly negative steady stream of headlines in at least several decades in this nation, the proverbial all-clear signal is highly unlikely to come in one fell...

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23Jun3:51 pmEST

A No-Nonsense Setup

Into the bell, amid a day where mega cap tech dominates alongside various virus plays and some momentum names like NKLA, it seems worth reiteration a prior point we have made regarding the silver metal. On the SLV ETF quarterly chart, below, the potentially disastrous breakdown below $13 continues to look like the ultimate bear trap to usher in...

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23Jun10:52 amEST

Hot Tamales for Breakfast

More often than not we spend most of our time focused on the major indices, leading sectors, mid or larger cap stocks which trade with good liquidity, and the generally significant parts of the market.  At times, though, we look downstream for some more speculative ideas. This morning, for example, two plays stand out: The micro cap gold...

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22Jun3:58 pmEST

Stock Market Recap 06/22/20 {Video}

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22Jun11:11 amEST

Has Mr. Corona Even Filed for His Gaming License Yet?

It has been a full month since we examined the lingering psychological and behavioral issues likely to throw cold water on various casino bullish theses as Las Vegas has already begun the reopening process. To summarize, the increased pandemic safety measures being put in place across various casinos were likely to have a risk-averse...

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21Jun10:27 amEST

Weekend Overview and Analysis 06/21/20 {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...

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20Jun7:02 pmEST

Saturday Night at Market Chess Cinemas

Following in tradition for this website on Father's Day Weekend, the great father/son tale told in Road to Perdition (2002) is worth a viewing (or a repeat viewing). My own father died in 2002, not long before this film was released. He took great care of himself, especially as he reached middle age, but an aggressive form of brain cancer...

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19Jun12:28 pmEST

Berries Were Always Better Than Apples Anyway

Call me crazy and brazen (or worse) if you will but I am a short-seller of any firm with a $1.5 trillion (with a T) market cap which subsequently announces they are re -closing stores in states like Florida, Arizona, the Carolinas, etc. due to the recent virus outbreaks there. I know that Apple has seemingly been un-shortable, a...

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