23Oct10:35 amEST

MoviePass: Don't Front Run During Coming Attractions

The price action in shares of the trendy  Helios and Matheson Analytics Inc. continues to drove home some important lessons for traders of all levels. The very notion of "buying dips" in this type of bull market we have seen on the major averages for years on end, with only mild interruptions, would seem to imply that names like HMNY would be...

22Oct2:26 pmEST

Weekend Overview and Analysis 10/22/17 {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 mark Please click here  for more...

21Oct9:50 amEST

Saturday Night at Market Chess Cinemas

The Discovery Channel miniseries,  Manhunt: Unabomber (2017), was far more gripping and compelling than I had expected.  Available on Netflix, and starring Paul Bettany, Sam Worthington, and Chris Noth, the series tracks the true story of the FBI profilers' hunt for the Unabomber, Ted Kaczynski, over eight episodes.  All in all, this is a...

20Oct1:15 pmEST

America Loves a Good Comeback Story, Usually

It is what it is. You will excuse my lack of exuberance about Bank of America's stock reaching highs not seen since the October 2008 crash, as the firm was essentially insolvent and bankrupt. Nonetheless, in the name of "protecting capitalism," the mother of all bailouts (and a short-selling ban, to boot) seemingly enabled BAC to survive an...

20Oct10:48 amEST

I Want it Done By the Book

The price action in the KRE, ETF for the regional banking sector, below on the daily timeframe, is a pretty good example of the various uses of technical jargon we here nowadays.  When the KRE staged an apparent post-Labor Day breakdown (lower set of yellow arrows). it appeared to be "Katy bar the door" time for longs, seemingly destined for...

19Oct3:56 pmEST

Stock Market Recap 10/19/17 {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...

19Oct3:54 pmEST

It Just Ain't So

Bears are still finding out that it is tough to protect a major selloff onto this uniquely resilient market, as dip-buyers did a pretty good job keeping the pullback shallow today.  The $148.50 area on IWM and 2550 on the S&P 500 Index were levels we flagged early this morning for Members, in order to gauge the strength of this pullback, or...

19Oct1:40 pmEST

Hot Cocoa Season or Something Like That

Equities are mostly well off session lows as I write this, though the Nasdaq is still down by more than 0.5% and a further late-day slide can certainly not be ruled out. As always, on days like today we will be focusing for Members on relative strength outperformers in case equites immediately turn back up and burn bears again. I remain...

19Oct10:41 amEST

The Race is On

After sleepwalking for many trading sessions now, bears are at least trying to make things interesting this morning into a broad market gap down. Indeed, if we are to see some type of market correction before 2017 concludes, then the clock is ticking for bears to make that happen before we dig into the slow, low volume holiday portion of...

18Oct3:52 pmEST

Stock Market Recap 10/18/17 {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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