26Feb10:53 amEST

A New Star if It Stays Healthy

Blackline Inc., a smaller cap software play, has never really been thought of as am emerging leader. On the second chart, below, of the monthly timeframe for BL, you can plainly see why--The stock went sideways for the most part while many software peers exploded in market cap the last few years.  However, BL is flashing signs of wanting to...

25Feb6:42 pmEST

Stock Market Recap 02/25/20 {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...

25Feb10:34 amEST

Opening Gaps Jump Up to Get Beat Down

When it comes to markets which are pulling back, be it a deeper correction or simply a mild dip (the current market fall into either category at this point despite the sizable drop on the indices yesterday), it is often said that opening gaps higher are faded the majority of the time.  And as I write this, we are seeing just that: A...

24Feb2:52 pmEST

Stay Enterprising During Times of Grave Danger

An afternoon downside reversal in the gold miners may very well signal a respite in the selloff in the broad market. Either way, as far as trading the precious miners, themselves, I am welcoming a brief reset to set up another long entry in the improving sector.  On the updated GDXJ (ETF for junior gold miners) daily chart, below, the red...

24Feb11:04 amEST

Back Above the Mendoza Line

The CBOE Market Volatility Index, or VIX, which is considered to measure "fear" according to the options market, is shooting higher today after flashing signs of life last week for the first time in a good while.  Back over 20 now, the VIX is crossing the "Mendoza Line," so to speak, where it begins to take on some significance of typically a...

20Feb3:22 pmEST

Stock Market Recap 02/20/20 {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...

20Feb10:33 amEST

Small Caps Request to Stand on a Box

We knew at some point that the runaway rally in the Nasdaq would take at least a respite of some sort. And we are seeing just that this morning, with one of the Fed heads out and about dispelling the notion of a rate cut coming.  That said, we still have quite a bit of action in the tape with SPCE absolutely punishing all short-sellers who dare...

19Feb4:53 pmEST

Stock Market Recap 02/19/20 {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...

19Feb11:07 amEST

Undetected Magical Growth

Amid the rather prominent, daily short squeezes in the likes of SPCE and TSLA, not to mention CVNA, it is worth noting the continued strength in the biotechnology and healthcare space.  ONEM was a recent IPO we discussed yesterday. But there are plenty more names seemingly flying well under the radar of most traders. Below, you will find two...

18Feb10:42 amEST

One Life: Let's Get Together and Feel Alright

Simply put, as a bull market matures, goofy things tend to happen. Headlines, earnings, and general news flow which seemingly ought to derail the bull actually empowers it. And strong, winning sectors like biotech and healthcare keep plowing ahead as many investors deem them too risky to buy "at these levels." Of course, I am not mocking the...

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