Truly a Sight to Behold

10Sep11:13 amEST

Homage to God's Country

Without jumping to too many conclusions, it would be a nasty, 1970's-style (or worse) stagflationary setup for us to experience spiraling food price inflation all the while suffering the lingering fallout of high unemployment and cities like New York dealing with real estate and small business (restaurant and bar) collapsing prices, for...

09Sep4:50 pmEST

Stock Market Recap 09/09/20 {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...

09Sep10:34 amEST

A Shopping List for the Proper Aisle

Equities are ignoring a few earnings duds this morning, namely COUP LULU WORK, to snap back after the last few sessions of a tech-led dive off recent highs. While seeing a bounce in the face of the financial media repeating the arbitrary "10% correction" threshold for the Nasdaq is none too surprising in the near-term, from a contrarian...

08Sep4:39 pmEST

Stock Market Recap 09/08/20 {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...

08Sep2:24 pmEST

Be Willing to Say Goodbye to Summer

Take this as a quick and friendly reminder that Wall Street has an extensive history of changing with the seasons. Specifically, during various turbulent years where summer has served as a reprieve for bulls, such as this one, once the "Varsity" traders return from The Hamptons and Cape Cod after Labor Day we often see the reality of cooler...

07Sep4:11 pmEST

The Chart No One is Talking About 09/07/20 {Video}

With no stock market holidays scheduled from now through Thanksgiving, the back end of 2020 is sure to provide further twists and turns for market players. In the following video, we put an overlooked part of the market on your radar to closely monitor.

03Sep10:11 amEST

Here's How to Tell When the Music Crudely Stops

I am on a scheduled (and exceedingly rare) vacation through Labor Day. So, posting will be rather light until after the holiday. However, it is worth analyzing this morning's long overdue Nasdaq softness. No, tech is not crashing. And, yes, aggressive, exuberant bulls captured a uniquely strong uptrend the midst of, for example, New York City...

01Sep4:25 pmEST

Stock Market Recap 09/01/20 {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...

01Sep10:56 amEST

Shell-Shocked U.S. Dollar Fighting to Survive

It has been a rough summer for the greenback, as plenty of price weakness versus most global major currencies combined with souring sentiment and calls for the eventual demise of the U.S. Dollar as the world's reserve currency seem to have rendered it punch drunk. To add insult to injury, our esteemed Fed Chair, Jay Powell, waged a kind of...

31Aug3:22 pmEST

Truly a Sight to Behold

I am mostly sitting out of the never-ending Nasdaq party we are witnessing. Although by now I am sure you have heard plenty of bubble talk and comparisons to 2000, the quarterly chart of the QQQ (which is the ETF for the NDX, or the index of the top-100 market cap weighed stocks in the Nasdaq Composite), below, illustrates the size and scope of...