Stock Market Recap 12/29/15 {Video}

04Jan10:38 amEST

The Best Nation in the World is Rotation

We have a notable rotation taking place within equities this morning, after fireworks in China last night to the downside. In a similar vein, the rotation is happening on the short side, of bears "rotate up" from beaten-down losers towards holdouts winners, instead. As evidence, consider the pounded that the FANG Gang (and TSLA) is taking at...

03Jan2:09 pmEST

Weekend Overview and Analysis 01/03/16 {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...

02Jan11:07 pmEST

Saturday Night at Market Chess Cinemas

Lone Star (1996), written and directed by the great John Sayles, is both a quality, gritty drama/mystery, as well as being a worthwhile look at some border issues which are becoming more and more relevant in the current political cycle. The film is loaded with talent, starring Chris Cooper, Elizabeth Peña, Stephen Mendillo, Kris...

31Dec3:36 pmEST

Stock Market Recap 12/31/15 {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...

31Dec1:45 pmEST

New Year's Eve Date Ideas

For those traders sticking around this afternoon, we had a few Members catch the Square (SQ) pop earlier, a name we have been discussing in recent video as a potential holiday week rally idea for the recent-IPO. On the intraday chart, below, another move over $13.10 today may be good for a secondary rally. Noe the orderly pullback off the...

31Dec10:51 amEST

Still Backed Into a Corner

Despite the appearance of a Santa Claus Rally breakout in the market earlier this week, not much has changed in our ongoing visual motif of the Russell 2000 Index's ETF (IWM) chart for the month of December. On the updated hourly chart of the IWM, below, note the lower highs still asserting themselves, while higher lows have blunted breakdown...

30Dec3:59 pmEST

Stock Market Recap 12/30/15 {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...

30Dec12:56 pmEST

The Great Wall of Tesla

Tesla finally conquered its 200-day moving average today, which has been akin to a great brick wall for quite some time for the stock. However, the stock has still been largely rangebound since early-2014, much to the chagrin of momentum traders who enjoyed a fairy smooth ride higher in 2013. On the updated daily chart, below, if TSLA is going...

30Dec10:46 amEST

Still Some Trouble from Above

Despite early strength at the open, small caps are back in the red as I write this, with the IWM ETF still struggling with the $115 level, above. We have been keying off the triangle pattern (of lower highs, but higher lows) forming on ETF throughout December, highlighted below, as a means of providing context to the price action. Overall, the...

29Dec5:00 pmEST

Stock Market Recap 12/29/15 {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...