A Bitcoin Curveball Misses This Strike Zone

10Jan10:20 amEST

Weekend Overview and Analysis 01/10/21 {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...

08Jan10:18 amEST

Capable of Anything

Markets continue to operate in gravity-defying ways, as Bitcoin, crypto-proxies like RIOT, and TSLA, just to name a few, do the heavy lifting this morning while the Dow and other parts of the market either fade a weak jobs number or hug the flat-line. Indeed, this market reminds me of the famous scene in Chinatown (1974) where the great John...

07Jan3:11 pmEST

Oh My God, it Even Has a Watermark

Part of hedge fund titan Bill Ackman's appeal, for fans and foes alike, is that he combines old school Wall Street cunning ways dressed up as a polished, modern, hedge fund alpha--You might say he a wolf in designer wolf's clothing, with of course a watermark on his business card , to boot. With that in mind, his SPAC, Pershing Square...

07Jan11:30 amEST

These Shorts May Fall Before Rome Does

Much like last summer, one would think that the disturbing images of American cities and buildings being overrun would lead to shaky equity markets jittery with uncertainty. Instead, we continue to see markets which are jittery alright. But they are jittery from the sugar rush of nonstop Fed liquidity which has led to uniquely persistent...

06Jan4:32 pmEST

Stock Market Recap 01/06/21 {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...

06Jan10:47 amEST

Hippies Grew Old and Started Working for the Man, Man

If you have ever been to Amsterdam, then consider that America may very well be on her way to a modified version of the famous Dutch city, at least with respect to many urban areas. As pot and various other drugs become increasingly legalized, the prospect now of Democrats controlling most or all of Washington in the coming years could easily...

05Jan2:37 pmEST

They Kept You Up All Night; Now It's Time to Take a Ride

It may seem bizarre that oil prices and stocks are surging amid European countries locking back down amid fears of a new strain of the virus. Indeed, there are quite a few market players and pundits alike who seriously doubt the sustainability of today's rally in the energy complex and indeed most commodities. But when we see that sort of...

05Jan11:18 amEST

A Good Start to Their Winter Journey

After exuding clear and convincing relative strength yesterday, energy stocks are enjoying sharp rallies virtually across the board so far this morning. The three main energy sector ETFs, OIH XLE XOP, are all easily higher as I write this, with the oil services stocks in the OIH showing particularly promising strength. Obviously, this is an...

04Jan4:31 pmEST

Stock Market Recap 01/04/21 {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...

04Jan10:59 amEST

A Bitcoin Curveball Misses This Strike Zone

While I recognize we seem to be in the midst of yet another crypto craze, allow me to suggest that part of the recent surge and headlines/chatter surrounding the move may very well be due to the holiday stretch for equities, with rare days off and half days, to boot. Granted, a weakening Dollar and politicians revealing just how absurd our...