Winter Eventually Sets In

28Jan11:26 amEST

Resisting the Drama

I had a few hedges on headed into today and rather quickly took them off this morning as the opening gap higher built on itself amid a fairly calm and orderly push higher. While we may very well have more backing and filling to do during this consolidation phase, it is likely correct to avoid become too dramatic based on headiness and fears....

27Jan5:49 pmEST

Stock Market Recap 01/27/20 {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...

27Jan10:57 amEST

In Position for the Pullback

As we have been noting with Members in recent weeks, the late-January period after MLK Day is typically one where we see the enthusiasm of the new year wear off, combined with the dead of winter setting in. Beyond that, this year we have a wrinkle in the form of a pandemic fears and headlines, not to mention a generally extended market. So...

25Jan4:25 pmEST

Saturday Night at Market Chess Cinemas

The best film I saw last year was Richard Jewell (2019), Clint Eastwood's gripping, true-life story, based on the 1997 Vanity Fair article "American Nightmare: The Ballad of Richard Jewell" by Marie Brenner. Terrific, and I mean terrific, performances by Paul Walter Hauser, Sam Rockwell, Kathy Bates, Jon Hamm, and Olivia Wilde magnify just...

24Jan11:38 amEST

Another Pandemic, Another Lake Show

It is never a particularly enjoyable topic, dealing with a pandemic capable of spreading quickly around the world like the coronavirus seems capable of doing. But such is life in the markets, on occasion, where we must deal with a rather grave and sobering topic like this one and find a way to make it tradable or at least frame an analysis...

23Jan4:53 pmEST

Stock Market Recap 01/23/20 {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...

23Jan10:25 amEST

How Bear You! We Should Be Up 2% Right Now

Seeing the Dow off by nearly two-hundred points early this morning may have been a bit surprising to traders who recently became involved with markets as a general proposition. But, in all candor, it is entirely normal to see some initial backing and filling after the run the senior indices have enjoyed over the last few months. Names like...

22Jan4:16 pmEST

Stock Market Recap 01/22/20 {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...

22Jan10:58 amEST

Super Bowl Plays for Cold Blustery Days

With roughly a week and a half until Super Bowl LIV kicks off in Miami, it is worth looking at some plays which could easily get a boost until the global event. Wingstop makes sense, as plenty of chicken wings are likely to be devoured before and during the game. Wings are relatively cheap, abundant, and tasty. Wingstop is specifically focused...

21Jan11:17 amEST

Winter Eventually Sets In

Despite some big names on Wall Street weighing in with rather bullish commentary over the last week or so, be it David Tepper wanting to ride the horse, Ray Dalio slamming cash as trash, or Paul Tudor Jones implying a dot-com blow-off is just around the corner, the reality is that a near-term pause still seems more probable than anything else...