Don't Look Away

31Oct3:43 pmEST

Stock Market Recap 10/31/16 {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...

31Oct3:40 pmEST

Add This Wedge to Your Spreads

On the back of the crude oil weakness today, note that high yield corporate and junk bonds have recently been showing some cracks in the foundation. If you doubt there is at least some correlation between HYG JNK and equities, note the JNK ETF weekly chart, below, which shows us that junk and stocks both bottomed in February of this year right...

31Oct1:20 pmEST

Biding Your Time

To be sure, the pace of the market action in equities continue to astound in terms of how lethargic and indecisive it truly is. Patience and resisting the urge to put on too many wagers is an underrated aspect about nearly all forms of speculation. But it surely applies to the current market, perhaps into Election Day or at least FOMC on...

31Oct10:40 amEST

Just Think of it as Turbulence in the Skies

It is often said that an airplane experiencing even rough turbulence is barely noticeable from an outside observer looking at the plane objectively, as opposed to being onboard and feeling as though the plane is on the cusp of losing control. In reality, the plane is not dropping or moving around nearly as much as it seems. The same might be...

29Oct2:40 pmEST

Weekend Overview and Analysis 10/30/16 {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...

29Oct2:33 pmEST

Saturday Night at Market Chess Cinemas

Goliath (2016), a legal drama web series by Amazon Studios, premiered earlier this month for its inaugural season. Much like a few other new streaming series we have recommended of late, one season does not a brilliant series make. However, the show is off to an excellent start with its entertaining, gripping first season. Billy Bob...

28Oct1:38 pmEST

The Spookiest Chart of Them All

I suppose I could throw up a chart of VRX, some of the biotechs, CMG UA, or perhaps some macro indicator with a small sample size of why equities are in trouble. But, in reality, the election, equities, macro data, and many other news headlines may be masking the biggest issue of them all, one we have been slowly tracking for a good while...

28Oct10:51 amEST

Punt Team on the Field

After a GDP beat this morning, stocks are bouncing back from yesterday's selling. Small caps are higher by a but more than a third of one percent as I write this, enough to stave off an imminent wipeout but not enough to reverse the recent breakdown below $120 support on the IWM ETF. Nasdaq stocks are largely trying to shrug off the AMZN...

27Oct3:58 pmEST

Stock Market Recap 10/27/16 {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...

27Oct3:53 pmEST

Don't Look Away

Bears scored a decisive victory in the Russell 2000, small cap dominated-index today with a breakdown. However, that small cap weakness may prove to be necessary but not sufficient for a broad market breakdown, as well. Indeed, AMZN and GOOGL earnings tonight may very well carry a good deal of weight in terms of whether we close out the week...