Before Our Final Descent Into Las Vegas...

22Oct7:38 pmEST

Weekend Overview and Analysis 10/23/16 {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...

22Oct12:55 amEST

Saturday Night at Market Chess Cinemas

Directed by the great Louis Malle, Atlantic City (1980) is unfortunately bound to be forgotten. Much like the saga and downfall of the actual Atlantic City, New Jersey, in terms of both gaming and the city itself, the film inevitably became overshadowed by other films set in gambling meccas. Case in point: Atlantic City is among the...

21Oct2:03 pmEST

Closing Thoughts 10/21/16 {Video}

If you enjoy my videos and blog posts, then please click here for more details about joining Market Chess Subscription Services for plenty of other features, as well. Enjoy the video. Have a great weekend!

21Oct10:34 amEST

Creating Suspense

Despite gaps higher in Dow giants MCD and MSFT, not to mention a recent snapback rally in AXP, the rest of the market is floundering. That said, dip-buyers continue to put up a fight at 2130 on the S&P 500 Index to prevent a further sell-off. This type of a action further drives home the idea of a choppy range, perhaps lasting until Election...

20Oct3:49 pmEST

Stock Market Recap 10/20/16 {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...

20Oct3:46 pmEST

The Moment of Truth for Samuel Adams

The Boston Beer Company, the brewer and brand name of Samuel Adams, reports tonight, along with MSFT PYPL SLB, and a few others firms of note. The chart for SAM has weakened of late, with a name like BREW acting much better. SAM is important because it was one of the incredible winners since 2009 which may be solidifying a long-term reversal...

20Oct1:33 pmEST

Heat Building from All Sides

On our updated very zoomed-out look of the S&P 500 Index hourly chart, below, since Labor Day, we can see the consolidation is seeing energy building for a move from virtual all sides. Price has probed down, up, sideways, and just about every nook and cranny one could imagine. Just as 2145-2150 is acting as a ceiling of sorts, bears holding...

20Oct10:52 amEST

Waiting in the Trees

The "safety" sectors continue to act more dangerous for bulls, with bears patiently waiting in the trees and beginning to make their way down to ground level for an ambush. Case in point: Dividend-paying and rate-sensitive telecommunications plays like T VZ are both taking it on the chin this morning, while REITs in the IYR and utilities in...

19Oct3:55 pmEST

Stock Market Recap 10/19/16 {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...

19Oct3:43 pmEST

Before Our Final Descent Into Las Vegas...

Headed towards the third and final Presidential debate tonight in Las Vegas, which may as well be the final round of a heavyweight boxing title fight, bulls are putting up a fight of their own with a slow move higher today. To be sure, there are plenty of stocks holding up well. But in a rangebound market simply "holding up well" may be worth...