Here Comes the Heart of the Lineup

30Jul10:52 amEST

The Slide is Still Closed

Just when it appears as though the broad market is ripe for a more standard summer correction, large cap banks, energy, some Dow names like CAT after earnings, and assorted other rotation threats are attempting to offset continued weakness in many tech names as I write this. To be sure, the looming prospect of the FOMC this week, then a jobs...

29Jul8:51 amEST

Weekend Overview and Analysis 07/29/18 {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...

28Jul1:18 pmEST

Saturday Night at Market Chess Cinemas

I alluded to the film in a blog past this week. So, now would be as good a time as any to recommend Marathon Man (1976), starring the impressive acting trio of Dustin Hoffman, Laurence Olivier, and Roy Scheider. Written by the great William Goldman, and directed by John Schlesinger, the film hooks you in right from the opening scene and...

27Jul1:30 pmEST

Intraday Ideas and Analysis 07/27/18 {Video}

The following video is an example of the types of Midday Videos I present to Members of the Market Chess Subscription Services on a daily basis. Please click here for more details about joining to access these videos regularly, as well as plenty of other features.

27Jul10:59 amEST

His First Appearance in a Good While

The RSI (Relative Strength Index), seen on the bottom pane of the IWM (ETF for the Russell 2000 small cap Index) weekly chart, below, is often seen as irrelevant during a bullish trend, since there are too many false signals and negative divergences which not only fail to resolve price lower, but actually seem to trap in shorts before the next...

26Jul6:03 pmEST

Stock Market Recap 07/26/18 {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...

26Jul2:09 pmEST

Emerging Markets: Another Round or No Mas

We sold a quick YINN (triple-levered long China country ETF) trade into strength yesterday inside the service after writing a blog post last Friday about the prospects for emerging markets to generally stage a relief rally after being pummeled this spring and summer. Still, when a corrective chart becomes quickly overbought, as FXI (YINN is...

26Jul10:27 amEST

You Know Cashish Has Been Legalized Too, Right?

Despite the surge on the major averages into the closing bell yesterday on the EU/Trump news, inside Market Chess Subscription Services I moved to my heaviest trading portfolio cash position in quite some time. Simply put, the broad market is attempting to stave off summer volatility and indeed a correction by continuing to play the rotation...

25Jul4:45 pmEST

Stock Market Recap 07/25/18 {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...

25Jul3:50 pmEST

Here Comes the Heart of the Lineup

An earnings lineup tonight of: $FB $AMD $V $PYPL $F $ALGN $GILD $LVS $QCOM $NOW is as loaded as it gets. Facebook, to be sure, is the premier report. But the other ones listed above could tip the scales in what appears to be the epitome of a mixed market. Although I have raised a very heavy amount of cash the last two sessions, my bias is to...