This is Really Going to Hurt

21Aug4:30 pmEST

Stock Market Recap 08/21/15 {Video}

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21Aug12:30 pmEST

Someone is About to Get Conned

Throughout this bull market, the seemingly "easy," slam dunk trade espoused by many has been shoring spikes in volatility, either outright using options to bet against the VIX, or using some of the ETFs associated with the VIX to express a bearish bet on volatility (usually associated with equities snapping back off a fairly shallow pullback). ...

21Aug10:24 amEST

Nature of the Beast

Although it is still premature to declare most major averages to be in bear markets, with the S&P, Nasdaq, and Russell all sporting rising 200-day moving averages (even if price is currently below that reference point), we know the mega caps in the Dow are technically in a bear, at least if your adhere to that technical analysis of the...

20Aug5:05 pmEST

Stock Market Recap 08/20/15 {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...

20Aug3:18 pmEST

We Got This Rat...

Disney, otherwise known as, "The House of Mouse," is finally seeing its share price buckle after an abnormally-steep bull run since at least 2011. To be sure, timeframe means everything. If you are holding Disney for decades, or at least another 3-5 years, then that is one thing. But for traders and even shorter-term investors (6-18 months),...

20Aug12:43 pmEST

Beware the Check-Raise

For a while now, the well-known theme of this market has been that much of the slowing upside momentum and even carnage in select sectors has been masked by pristine charts in leading, glamorous issues, such as AMZN CMG FB GOOGL NFLX PCLN UA, etc.. The conventional wisdom of the current bull market suggests that these leaders are telling the...

20Aug10:23 amEST

Defensive-Minded Coaching

The S&P 500 Index just flipped red on the year, with latest phase of the multi-year bull run mired in a bonafide quagmire. With the exception of the mid-cap index, all major indices are currently pushing oversold conditions. But if we are, in fact headed towards a major breakdown then that should not matter much---We would just ignore the...

19Aug4:56 pmEST

Stock Market Recap 08/19/15 {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...

19Aug3:11 pmEST

On Edge Into the Final Hour

Even the strongest breakout plays, such as MBLY, are not sticking as you would expect them to in a trending market. While GOOGL and other leading issues are hanging in there, the market remains suspect for a late-day fade. On the whole, the action has been whipping around today and I am focused on not forcing in new traders. Crude and energy...

19Aug12:03 pmEST

This is Really Going to Hurt

Crude oil is back at it again today with its swoon, along with energy stocks--And major ones at that, such as SLB. I day-traded crude on the long side quickly yesterday, inside Market Chess Subscription Services , but had virtually no intention of swinging it overnight due to the continued risk in the complex. And when I say risk, I am...