Saturday Night at Market Chess Cinemas

03Oct3:52 pmEST

Stock Market Recap 10/03/17 {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...

03Oct3:51 pmEST

Small Caps Back to Green Just for Good Measure

One concept we have been rather repetitive about for Members of late has been to resist the urge to short indices, even the extended Russell 2000, small cap-dominated index, with any serious leverage (if at all), given this market's propensity for staging one squeeze after the next. And even when the squeezes do not materialize, we see...

03Oct1:32 pmEST

Say Ta-Ta to Tata if it Cannot Rally Now

The recently-galavized stocks of both General Motors and Ford aligns neatly with reports of much stronger auto sales than many had expected. GM and F had both been mired in corrective chart pattens for a long time, frankly. However, both names were essentially wiped out my short radar several months back when buyers began stepping with with...

03Oct10:49 amEST

Tesla Headed Down the Road to Twin Peaks

Despite small caps having the audacity to flip red for the first time in what seems like weeks, the rest of the tape seems to be business-as-usual for bulls. Once again, the mega caps in the Dow are outpacing the other major averages, perhaps masking some mixed action below the surface. But top-callers continue to grow frustrated by the day,...

02Oct3:50 pmEST

Stock Market Recap 10/02/17 {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...

02Oct3:48 pmEST

From FANG to FANG

Much like in the movie, Wolf (1994), other parts of the market may now start to develop their own FANGs, beyond the FB AMZN NFLX GOOG(L) quarter composing the rather ubiquitous FANG acronym. Indeed, even with crude oil down 2% today, for example, the energy exploration firms in the XOP ETF, typically a high beta derivative of oil, is...

02Oct1:26 pmEST

A New View

The mega caps in the Dow Jones Industrial Average are clearly outpacing the large cap tech stocks in the QQQ (ETF for the Nasdaq's top 100 market-weighted names). Small caps are defiantly ignoring extended conditions, once again, too. I was a net seller into strength this morning, and am mostly looking to see if bears attempt to make a move on...

02Oct10:44 amEST

In the Wake of the Las Vegas Shooting

Stocks are broadly higher this morning, as the mass shooting in Las Vegas overnight is being seen as an isolated event, despite the jaw-dropping number of those people murdered in cold blood and wounded. As someone who has spent a considerable amount of time in Las Vegas, the part of The Strip (south) where the shooting occurred (on MGM's...

30Sep2:37 pmEST

Weekend Overview and Analysis 10/01/17 {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 mark Please click here for more...

30Sep2:35 pmEST

Saturday Night at Market Chess Cinemas

Based on the 1925 story of the same name by Agatha Christie, Witness for the Prosecution (1957) is well worth a viewing. Directed by the legendary Billy Wilder, this film pulls off the formidable courtroom drama genre (with a splash of noir elements), a concept which seems easy in theory but which is often difficult to turn into a quality...