We Were Oh-So-Close

06Jul11:05 amEST

Do As the Old Man Says, Not As He Does

Shares of Dominion Energy (D) are actually getting hit quite hard this morning, down more than 7.5% as I write this, after Warren Buffett’s Berkshire Hathaway Energy agreed to buy Dominion's natural gas transmission and storage business in a, roughly, $10 billion deal. Amid a trading session of intense bull fervor, so far, be it more extreme...

05Jul9:49 amEST

Weekend Overview and Analysis 07/05/20 {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...

04Jul8:57 amEST

If You Can Keep It

As Benjamin Franklin was walking out of Independence Hall in Philadelphia after the Constitutional Convention in 1787, someone shouted towards him, “Doctor, what have we got? A republic or a monarchy?” Sharp and witty as ever, Frankly responded, “A republic, if you can keep it.” Some 233 years later, those words seem more relevant now than...

02Jul11:23 amEST

Smell Ya Later, TVIX

In case you missed it, several levered ETNs will cease trading imminently, with TVIX being a notable name on the list here. In addition, you will note recognizable levered ETFs related to gold, silver, and natural gas such as DGLD UGLD DSLV USLV UGAZ DGAZ will also cease trading. That said, the TVIX delisting seems most notable. The...

01Jul11:10 amEST

Headed to the Boat This Summer

Following a spring of fear, uncertainty, and a string of events this nation has not seen in at least a few generations we are now headed into the heart of a summer of uncertainty. With this in mind, there is even more of a premium placed on ideas which seem to be a bit more certain and predictable. One thesis we are examining more closely for...

30Jun11:27 amEST

Blending In, Only to Resurface

Although equities as a whole remain remarkably unperturbed by various economic re-shutdowns across the country it is interesting to see the virus-related stocks resurface after a quiet couple of weeks. Whether it is a testing play like OPK, a vaccine name like MRNA, or meal kit delivery like APRN the complex of virus stocks is not signaling the...

29Jun4:33 pmEST

Stock Market Recap 06/29/20 {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...

29Jun11:00 amEST

Racing Towards the Fourth

An early small and mega cap Dow-led upside reversal is giving bulls reason to believe that the market is hell-bent on levitating into the Fourth of July holiday coming up this weekend. Due to Independence Day falling on a Saturday this year, markets will be closed on Friday in observance of the holiday. Although the Nasdaq opened red, with...

28Jun10:33 amEST

Weekend Overview and Analysis 06/28/20 {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...

26Jun10:47 amEST

We Were Oh-So-Close

One of the silver linings of the mass protests which included, at times, chaos and anarchy, in American cities across the country was that maybe, just maybe, the worst of the Coronavirus pandemic was behind us as we saw the social unrest dominate headlines over the last several weeks in lieu of the previous nightly stream of death counts and...