Stock Market Recap 03/28/18 {Video}

03Apr10:24 amEST

Keep a Proper Distance

While there are plenty of headlines to harp on regarding the recent market price swings and general volatility, a recurring visual motif on this website and for Members has been the weekly chart for the small cap-dominated IWM, ETF for the Russell 2000 Index. Specifically, the significance of the two-year (plus) support trendline which has...

02Apr3:50 pmEST

Stock Market Recap 04/02/18 {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...

02Apr3:45 pmEST

There She Goes: A Dark Start to a New Quarter

Much like the weather in the northeast today, bulls who were hopeful for a new start to April, the second quarter of trading, and spring in general are facing some more winter volatility and a huge Dow drop. That said, my concern with pressing shorts in the very near-term would be not getting swept up in a widely-watched 200-day moving average...

02Apr1:59 pmEST

Changes in Latitudes, Changes in Trading Platitudes

It's these changes in latitudes, changes in attitudes Nothing remains quite the same With all of our running and all of our cunning If we couldn't laugh we would all go insane - Jimmy Buffett, "Changes In Latitudes, Changes In Attitudes" While posting an occasional quote or witty saying is always appreciated, I am not one to spend my days...

02Apr10:42 amEST

Silver Miners: Sending Out an SSR

Silver is outperforming gold this morning, a fact which stands out considering gold is usually considered the safe haven during times of uncertainly and a bit of a fear in the equities' market. Silver, therefore, with its industrial exposure, typically takes a backseat to the store of value which gold provides. Thus, with SLV, the silver ETF,...

01Apr9:14 amEST

Weekend Overview and Analysis 04/01/18 {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...

31Mar8:41 amEST

Saturday Night at Market Chess Cinemas

After recommending the first season of the Amazon Prime Original Series, "Sneaky Pete," last year, I am going to follow-up after watching season two and re-recommend the show. There is plenty of overlap in this show with the FX standout, "Justified," from years back, with Graham Yost behind the scenes as an executive producer and Desmond...

29Mar1:43 pmEST

It's Not How You Drive, It's How You Arrive

Headed into a three-day holiday weekend as the first quarters of trading comes to a close, it may be a bit much to expect bears to press with the likes of Amazon and Tesla now both very oversold short-term and trying to at least stage respectable relief bounces. Thus, bears who are counting on a corrective market to automatically close poorly...

29Mar10:40 amEST

Used Car Dealer with No Dealership? Analyze That!

The various quirks and inconveniences of dealing with an in-person car dealership experience , especially for used cars, may be a thing of the past if Carvana continues to grow. Based in Phoenix, Carvana is an online-only used car dealer that allows customers to shop, finance, and trade in cars through their website. Beyond the intriguing...

28Mar3:46 pmEST

Stock Market Recap 03/28/18 {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...