Don't Let Them Steal Your Joy

08Feb4:22 pmEST

Stock Market Recap 02/08/21 {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...

08Feb10:13 amEST

The Dogecoin Days of Winter

Given the tune of many of his tweets over the last several weeks, seeing TSLA CEO Elon Musk make a substantial investment in Bitcoin this morning ought not to be too much of a surprise. Crypto-related stocks like MSTR have been screaming higher for a good while now, which begs the question of whether the massive gap this morning amounts to the...

07Feb10:34 amEST

Weekend Overview and Analysis 02/07/21 {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...

06Feb8:21 pmEST

Super Bowl Pick Against the Spread 02/06/21 {Video}

In the following video, I discuss my rationale for my Super Bowl picks against the spread and for the total points scored in the game. Enjoy the big game and good luck if you are wagering.

05Feb11:11 amEST

Something for You Old School Readers

Over ten years ago, the stock market had been melting higher day after day, week after week, and then month after month since the March 2009 bear market bottom. The new melt-up had a seemingly invincible aura about it, with low volume V-shaped rallied being the norm off any slight dip. Bears (and there were plenty of them back then) were...

04Feb4:22 pmEST

Stock Market Recap 02/04/21 {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...

04Feb10:45 amEST

Chop Suey Cafe

Impressive follow-through strength in the U.S. Dollar, whose ETF (versus a basket of developed economies' currencies), is below on the updated daily chart, may not be a factor for stocks in terms of inverse correlation. But it sure seems to be hitting gold rather hard this morning. Another likely factor to the gold/silver/miner dump besides a...

03Feb10:18 amEST

Jeff Bezos to Us: "Good Luck, Pendejos"

It may as well have been a decade ago, but it was actually around this time just last year that the market was melting higher...and then we suddenly got hit with a barrage of headlines regarding prominent CEOs and major players on the Board of major firms stepping down mostly "for personal reasons," or something to that effect. The most...

02Feb1:13 pmEST

Let's Get Down to Silver Tacks

Although I was skeptical of holding a silver miner I had swung long over the weekend and elected to sell first thing yesterday at the opening bell, I am also reticent to describe the current price action in silver as a classic "bull trap." In order to be a bull trap, silver and its derivative miners (likely dragging gold and gold miners with...

02Feb11:04 amEST

Don't Let Them Steal Your Joy

Many speculators and gamblers love to project their own misery and insecurities onto others, which can make markets a rather cold place at times. For younger and/or newcomer traders who hopped on the Reddit/WallStreetBets movement over the past few weeks, today's AMC GME crash (not mention SLV down 7%) serves as fodder for some obnoxious market...