Retreat, Then Re-Engage

17Mar11:05 amEST

Enemies at the Gate

The triple-threat of a pandemic and subsequent supply chain disruptions, a war overseas in a commodity-centric part of Europe with the distinct possibility to escalate into a broader global conflict, combined with a Federal Reserve consciously way behind the inflation curve and essentially betting on its own "hope," as a strategy mind you,...

16Mar4:29 pmEST

Stock Market Recap 03/16/22 {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...

15Mar10:05 amEST

How I See This Scene Playing Out

Bulls are getting some much-needed relief this morning in the way of a bounce in front of the FOMC tomorrow afternoon. Although the QQQ ETF for the Nasdaq initially faded off $322 at the open, bulls stepped right back in to push us above the opening highs. I view the $323 area just above as being a bit significant and am looking to see if the...

14Mar3:19 pmEST

Way Too Serene to Be a Tradable Rally

If you agree with my view that we are in the early stages of a new bear market, then the first major leg down of said bear market tends to not bottom unless and until we reach an interim selling climax wherein market players finally, begrudgingly, exhort, "Fine, I'll admit it! We are in a bear market!" At that point, a genuine relief rally...

14Mar10:59 amEST

Hello, Friends: A Value Play Here

Two years ago, college basketball's March Madness event was one of the first major sporting--Indeed, American--events cancelled due to the pandemic outbreak. Last year's tournament was a pandemic-modified version. And this year is where we will likely a return to normal, if you will, at least normal under the circumstances. The event kicks off...

12Mar5:25 pmEST

Weekend Overview and Analysis 03/13/22 {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...

11Mar9:59 amEST

Don't Worry: You Made a Good Fold! (For Me)

Poker is a game of incomplete information, whereby any tidbit, however small, you come by can be considered valuable. You then need to be discerning, self-aware that some players may give off false flags to try to trick you into thinking certain things about their playing style and given cards on a given hand. A classic example would be if I...

10Mar10:30 amEST

Splitting Winners

Shares of AMZN are on the move higher this morning, up 5%, after the mega cap tech leader announced a 20-for-1 stock split coupled with a $10 billion buyback. For new CEO Andy Jassy, this is sure to please some of the smaller retail players who wanted in on AMZN but did not want to touch a firm with a share price around $3000. Thus, despite a...

09Mar4:31 pmEST

Stock Market Recap 03/09/22 {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...

09Mar11:28 amEST

Retreat, Then Re-Engage

The day-to-day, heck, even the intraday and especially overnight, randomness of these price swings and headline sensitivity reinforces a concept which those who have followed my work for years have come to learn: A heavy cash position is a particularly powerful one in these sorts of markets. As quantitative easing officially ends today, The...