Trading Ideas

25Jun4:38 pmEST

Stock Market Recap 06/25/20 {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...

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25Jun10:45 amEST

Have to Stay Focused Here

The opening dip in the Nasdaq-100's ETF, QQQ, was bought fairly quickly on the open under $242. As we noted earlier this week both here and with Members, $242 seems to be a high stakes battleground during the current market battle, as bears still need to prove they can hold below it in order to make some more meaningful progress beyond any sort...

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24Jun5:02 pmEST

Stock Market Recap 06/24/20 {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...

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24Jun10:55 amEST

Nature Versus Nurture of the CoronaVirus Beast

No matter how mentally, emotionally, and physically ready most of us are to move on from the last several months of pandemics, lockdowns, social unrest, and, overall, one of the more glaringly negative steady stream of headlines in at least several decades in this nation, the proverbial all-clear signal is highly unlikely to come in one fell...

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23Jun3:51 pmEST

A No-Nonsense Setup

Into the bell, amid a day where mega cap tech dominates alongside various virus plays and some momentum names like NKLA, it seems worth reiteration a prior point we have made regarding the silver metal. On the SLV ETF quarterly chart, below, the potentially disastrous breakdown below $13 continues to look like the ultimate bear trap to usher in...

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23Jun10:52 amEST

Hot Tamales for Breakfast

More often than not we spend most of our time focused on the major indices, leading sectors, mid or larger cap stocks which trade with good liquidity, and the generally significant parts of the market.  At times, though, we look downstream for some more speculative ideas. This morning, for example, two plays stand out: The micro cap gold...

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22Jun3:58 pmEST

Stock Market Recap 06/22/20 {Video}

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22Jun11:11 amEST

Has Mr. Corona Even Filed for His Gaming License Yet?

It has been a full month since we examined the lingering psychological and behavioral issues likely to throw cold water on various casino bullish theses as Las Vegas has already begun the reopening process. To summarize, the increased pandemic safety measures being put in place across various casinos were likely to have a risk-averse...

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21Jun10:27 amEST

Weekend Overview and Analysis 06/21/20 {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...

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19Jun12:28 pmEST

Berries Were Always Better Than Apples Anyway

Call me crazy and brazen (or worse) if you will but I am a short-seller of any firm with a $1.5 trillion (with a T) market cap which subsequently announces they are re -closing stores in states like Florida, Arizona, the Carolinas, etc. due to the recent virus outbreaks there. I know that Apple has seemingly been un-shortable, a...

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18Jun4:19 pmEST

Stock Market Recap 06/18/20 {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...

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18Jun11:30 amEST

A Leisurely Grind

The major averages are mostly sloshing around this morning, with bears initially failing to pounce on the airlines and cruse lines, like CCL, displaying early weakness. Overall, the action smacks of the typical stock market early-summer grind, oblivious to pandemics, riots, Michael Bolton, The Fed, and Lord knows what else. On the upside, names...

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17Jun10:46 amEST

Don't Mess with Texas; But if You Do...

If you do choose to mess with Texas, as it appears the Coronavirus most certainly is at the moment with the state reporting a fifth record jump in hospitalizations , then demand for PPE is highly likely to stay strong to protect those healthcare workers on the front lines. Indeed, as we have noted both here and with Members, stocks like APT...

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16Jun4:29 pmEST

Stock Market Recap 06/16/20 {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...

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16Jun11:53 amEST

Similar Architecture

The Fed's individual corporate bond buying news yesterday coupled with more chatter from President Trump about a massive infrastructure stimulus package seems to be more familiar architecture behind the current squeeze we have seen since yesterday morning's soft open. While it is true that Fed Chair Powell is giving Senate testimony this...

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15Jun3:10 pmEST

Inflation vs. Deflation Struggle

A viable argument can be made that the current market is struggling between whether to levitate on the prospects of inflation expectation or, instead, collapse under the weight of another deflationary spiral. History tells us that, at least on the initial ascent, equities can fare reasonably well in an inflationary environment. However, as the...

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15Jun10:51 amEST

The Summer of PPE as America Burns

With good fortune, the latest concern about upticks in Coronavirus cases across several states will not lead to equally widespread hospitalizations and deaths.  But even if that optimistic scenario materializes, the mere threat of it is likely enough to see PPE-related firms (with PPE an acronym standing for Personal protective equipment,...

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14Jun10:19 amEST

Weekend Overview and Analysis 06/14/20 {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...

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12Jun11:46 amEST

Ready to Strike

Earlier today I charted a very near-term (5-minute) chart for the small cap stocks in the IWM ETF for Members and also on the main Twitter feed to illustrate the threat of the IWM filling it gap below after a big opening pop. Not long after, the IWM did indeed fill that gap to $135.79.  However, as I write this buyers are doing their usual...

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11Jun2:45 pmEST

A GDP Play, Socially-Distant or Not

While I am well aware that consumers are capable of running up charges on their Visa cards even in a socially-distant new world, the reality is that as a new Stimulus Bill remains in limbo and states like New Jersey are about a month away from a full-blown reopening, the notion of Visa's one-way rally since 2011 persisting seems a bit too...

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