Stock Market Recap 07/13/21 {Video}

20Jul4:36 pmEST

Stock Market Recap 07/20/21 {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...

20Jul10:51 amEST

OK, Maybe it is the Summer of Coffee

After a stellar month of May, gold fell flat on its face in June. Although the yellow metal has tightened things up so far in July, I have not had a gold long on in my trading account in over a month at this point. In all likelihood, the rising Dollar combined with a host of other factors likely threw a wrench in any hope for gold to dominate...

19Jul4:38 pmEST

Stock Market Recap 07/19/21 {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...

19Jul10:51 amEST

Enough with the Costco Hot Dog Worship, Already

Although I used the opening thrust lower in equities to take off a volatility long and get off a levered bearish QQQ ETF, I am far from convinced that today represents a buyable dip. Overall, the market has done a masterful, indeed epic, job of instilling a Pavlovian response in market players over the years that any scary (and also the...

18Jul1:36 pmEST

Special Edition: Full-Length Weekend Strategy Session 07/18/21 {Video}

For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of...

16Jul11:00 amEST

This Market Just Wants to Slap a Gap

News of the biotech and vaccine maker Moderna being added to the S&P 500 Index, sending shares up nearly 9% as I write this, is helping keep QQQ afloat (MRNA is in the QQQ ETF, too) despite a green-to-red opening reversal. "FANG" stocks, plus TSLA, are in the red. And probably the main things keeping the indices for staging a meaningful leg...

15Jul12:53 pmEST

Price No Longer Has Inspirations; Only Memories

With small and mid-cap stocks (the latter, on the MDY ETF daily chart, below) sloshing around in summer ranges and weak again today there is an even bigger premium for bulls being placed on how well the Dow, titans like AAPL and the QQQ can hold up. Although QQQ is one of the weaker parts of the market so far today, bears are likely going to...

14Jul4:32 pmEST

Stock Market Recap 07/14/21 {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...

14Jul10:54 amEST

It's High Noon Everywhere You Look

A hot PPI inflation reading this morning was initially drowned out by a just-so-coincidentally leak of Fed Chair Powell's comments today where he will maintain a dovish stance. That dovish view is being increasingly challenged by prominent bureaucrats, but they have not yet penetrated Powell's veil of defiance to go ahead and imminent taper,...

13Jul4:23 pmEST

Stock Market Recap 07/13/21 {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...