Saturday Education: Marty “The Pit Bull” Schwartz

24Nov5:13 pmEST

Stock Market Recap 11/24/15 {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...

24Nov2:23 pmEST

Tomorrow at High Noon

Due to the Thanksgiving holiday on Thursday, the natural gas inventory report has been pushed up to tomorrow at 12pm EST. We know natty has been a heartbreaker for a while now, with even the profitable counter-trend bounces in 2013 and 2014 been noticeably absent for much of this year. At issue, though, is whether we are near an infection...

24Nov11:17 amEST

The Hunt for Thanksgiving Oil

Crude oil spiked up this morning after the downing of a Russian warplane near the Turkey-Syria border. As we speak, the USO ETF for crude is pulling back in to that $13.25 level we looked at yesterday. If crude is going to put in a low here, once and for all, I suspect converting that level into support headed into tomorrow morning's inventory...

23Nov5:22 pmEST

Stock Market Recap 11/23/15 {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...

23Nov3:14 pmEST

EA Sports: It's in the Gamestop

Working our way through the final hour of today's session, small caps, biotech, and the likes of NFLX continue to lead the market even as we fade well off the highs of the day. For now, it appears to be just an initial holiday week shakeout. However, we have indeed seen surprisingly bloody Thanksgiving weeks before, namely in 2011. At the...

23Nov12:34 pmEST

Latecomer Chipotle Shorts Need to Avoid Getting Barbacoa'd

After the E. coli news in recent weeks, CMG is staging a relief rally today from oversold weekly chart conditions, seen below. After plunging in a virtual straight line down over the last month, the stock hit the lower weekly oversold Bollinger Band marking intermediate-term rather oversold conditions. At the moment, I would look for a test of...

23Nov10:46 amEST

Team Defense

Despite concerning price action in the likes of CHK last week, not to mention the energy-filled HYG JNK ETFs, you almost get the sense that it is a team effort by energy bulls to defend the 50-day moving average on the XLE, energy sector ETF and pictured below on the daily timeframe. As long as that dark blue line continues to hold, it is...

22Nov3:58 pmEST

Weekend Overview and Analysis 11/22/15 {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...

22Nov11:42 amEST

Sunday Matinée at Market Chess Cinemas

The Man in the High Castle (2015) is a brand new Amazon Original Series. I just finished up the first season and found it to be an interesting change-of-pace type of show. The show is an "alternate history" view of North American life after WWII, set in the early-1960s, if the Nazis and Japan had actually won the war. The show takes on...

21Nov11:00 amEST

Saturday Education: Marty “The Pit Bull” Schwartz

via @MrTopStep on YouTube One of the original "Market Wizards" in Jack Schwager's classic best-seller, Marty "The Pit Bull" Schwartz is one of the few of that reclusive group to speak publicly and candidly about his trading experiences, his philosophy, and his life. Rarely have any of the original Market Wizards given even a brief interview,...