Smell Ya Later, TVIX

09Jul11:20 amEST

It Doesn't Count Unless Bears Get to Amazon

There is a certain humor in seeing just how blasé bulls have become about the dangers of so many parts of the market remaining weak. But how can you blame them with the sheer magnitude of the moves in names with monstrous market caps like AAPL AMZN MSFT, among other names like TSLA, which has effectively blasted many famed short-sellers into...

08Jul4:20 pmEST

Stock Market Recap 07/08/20 {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...

08Jul11:04 amEST

Taking the Pandemic in Stride

This morning's price action is thus far another pretty good example of how successful the unique and persistent strength in the Nasdaq Composite Index can mask weakness not just in many other parts of the market but, as quaint as it may be to note, the real economy at-large. With virus case numbers remaining high in large states like Florida,...

07Jul4:30 pmEST

Stock Market Recap 07/07/20 {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...

07Jul10:49 amEST

No Operation Warp Speed for This Sector

Although some notable "virus stocks," namely NVAX REGN, are benefitting from Operation Warp Speed (the White House administration's ambitious effort to fast-track Covid-19 vaccine development through a private/public partnership) are up nicely on news of more funds being committed to the likes of NVAX, the prominent casino stocks most certainly...

06Jul5:56 pmEST

Stock Market Recap 07/06/20 {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...

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...