Opening Gaps Jump Up to Get Beat Down

03Mar10:23 amEST

Let's Get Ready to Rogers!

It has been a long time coming, but I suspect the Fed cutting 50 basis points this morning as an emergency measure and means to combat the Coronavirus through their "arsenal of monetary weapons," or however the financial media glowingly refers to the Central Bankers in all of their glory, will finally ignore the much-ballyhooed (at least...

02Mar4:49 pmEST

Stock Market Recap 03/02/20 {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...

02Mar11:15 amEST

Welcome to the Roaring Twenties with a Jittery Jitterbug Market

You wanted the Roaring Twenties in this century? You got it! Complete with exhilarating moves in the stock market last week against the backdrop of aggressive news flow we have a jittery market which seems like it is doing the "Jitterbug" dance more than anything else both overnight with the futures and this morning in the cash session. We...

01Mar12:36 pmEST

Weekend Overview and Analysis 03/01/20 {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...

27Feb6:13 pmEST

Stock Market Recap 02/27/20 {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...

27Feb10:42 amEST

What in Tarnation?

Another 700-900 point drop or so in the Dow this morning, and yet the likes of NFLX RNG ZM (below, on its updated daily chart) are acting like we are breaking out to new highs on the indices. Of course, we know that is not the case, with the Dow and Russell both firmly below their respective 200-day moving averages, the S&P 500 testing its own...

26Feb5:20 pmEST

Stock Market Recap 02/26/20 {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...

26Feb10:53 amEST

A New Star if It Stays Healthy

Blackline Inc., a smaller cap software play, has never really been thought of as am emerging leader. On the second chart, below, of the monthly timeframe for BL, you can plainly see why--The stock went sideways for the most part while many software peers exploded in market cap the last few years. However, BL is flashing signs of wanting to...

25Feb6:42 pmEST

Stock Market Recap 02/25/20 {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...

25Feb10:34 amEST

Opening Gaps Jump Up to Get Beat Down

When it comes to markets which are pulling back, be it a deeper correction or simply a mild dip (the current market fall into either category at this point despite the sizable drop on the indices yesterday), it is often said that opening gaps higher are faded the majority of the time. And as I write this, we are seeing just that: A...