Reading the Grape Leaves with Greece

18Jul11:32 amEST

Game Theorist's Guide to Buying a Car: The Cardinal Sin

Here is a good Saturday video about using game theory to buy a car.

17Jul4:03 pmEST

Stock Market Recap 07/17/15 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click here for more details about joining Market Chess Subscription Services for plenty of value-additive features at a reasonable price. Enjoy the video, and have a great weekend!

17Jul12:33 pmEST

And the S&P is Saying, "Whaddya Want from Me?"

Compare and contrast the Nasdaq ETF's intraday chart, first below, versus that of the Russell 2000 Index's ETF, second below, also on the five-minute frame. We have the potential for a trend day higher in one, and a trend day down (using the loose definitions of trend day, there) in the other. Indeed, it is that kind of market where, as we...

17Jul10:20 amEST

Masking the Action with Eyes Wide Shut

Equities are beginning to take on a classic late-innings feel, with most momentum traders congregating around a select few popular tickers as the advance/decline line signals weakness below the surface. Granted, it is early on and, granted, this bull market has cast aside one divergence after the next. But with respect to increasing or pressing...

16Jul5:16 pmEST

Stock Market Recap 07/16/15 {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...

16Jul3:05 pmEST

Smelling Blood in the Oily Water

With crude oil's upside reversal candlestick last Tuesday not yet confirmed higher, you get the sense that oil bears are ready to sink their paws into trapped longs who have been rather complacently assuming a bottom in the energy complex for a while now. Throughout today's session, crude has failed to hold bounces which looked somewhat...

16Jul12:28 pmEST

Stretched Out After Earnings

Netflix is leading the charge higher after earnings, maintaining its status as a marquee market winner. In addition, Google is attempting to emerge from a very long corrective period, since early-2014, headed into its own earnings report tonight. While that is playing out, mega cap Intel is seeing a monstrous initial gap higher last night...

16Jul10:02 amEST

Finished the Paint Job

It may have taken its sweet old time in forming its bearish "megaphone" topping formation after a steep multi-year uptrend, but Sherwin-Williams finally confirmed that top this morning after an earnings miss and subsequent gap lower. Although I elected not to hold my SHW short through earnings, as I almost never hold through EPS, we have been...

15Jul5:06 pmEST

Stock Market Recap 07/15/15 {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...

15Jul3:13 pmEST

Reading the Grape Leaves with Greece

After that $126 level on the IWM, small cap ETF for the Russell 2000 Index stocks, was breached earlier today (please see prior blog post on this website), I elected to cut my equity longs inside Market Chess Subscription Services, locking in nice gains this week in FB INCY, and taking off smaller losses and wins in INSY MDLZ ZIXI. ...