ETFs: Buyer Beware in Times Like These

18Mar6:21 pmEST

Full-Length Stock Market Recap 03/18/20 {Video}

Each evening, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of other features. Enjoy the video. Good luck trading and stay safe!

18Mar11:45 amEST

Social, and Technical, Distancing

From a financial and market standpoint, 2011 is a year most likely remembered for the European sovereign debt crisis. A heavy late-summer correction gave way to several months of some of the most wildly indecisive price action we have seen until recently. In hindsight, the mid/late-2011 move in equities is best categorized as a deep correction...

17Mar4:51 pmEST

Stock Market Recap 03/17/20 {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...

17Mar12:49 pmEST

Unlikely Sources of Action

Amid one of the most historically volatile markets it is hard to fathom that the consumer staple stocks housed in the XLP sector ETF made some of the most pronounced moves during this morning's rally. With an elevated VIX, of course, it remains to be seen if the current broad market rally can actually hold this afternoon. However, household...

16Mar5:50 pmEST

Stock Market Recap 03/16/20 {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...

16Mar12:38 pmEST

Too Early to Start Nibbling

Although I would love to be more sanguine regarding the seemingly ubiquitous notion that the current trajectory of a nationwide lockdown will quickly abate in a few weeks and a lead to a surge in pent-up demand, which in turn will yield the mother of all "V" shaped rallies, I suspect the shock of quickly slipping into a recession, if not worse,...

15Mar10:06 pmEST

Sunday Night Bonus Video 03/15/20

15Mar4:28 pmEST

Weekend Overview and Analysis 03/15/20 {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...

14Mar1:21 pmEST

I Hope I'm Wrong, But...

The gaming regulator in Massachusetts voted earlier today to temporarily suspend operations of the state’s casinos, which includes WYNN 's Encore Boston Harbor, MGM Springfield, and PENN 's Plainridge Park Casino. As someone who has spent a considerable amount of time in various casinos throughout the country over the last two decades,...

13Mar11:27 amEST

ETFs: Buyer Beware in Times Like These

GDXJ is the ETF for the smaller cap (or "junior") gold miners, with some silver miners sprinkled in there for good measure. JNUG is a triple-long ETF derived from GDXJ designed to give market players leverage on a GDXJ trade. However, as you can see on the first and second charts of GDXJ and JNUG, respectively below on their daily timeframes,...