22Apr5:48 pmEST

Stock Market Recap 04/22/19 {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...

22Apr2:53 pmEST

Dark But Familiar Days for Biotech

This is why we look at charts--Not for our crystal ball predictions, nor for the voodoo of the craft. Instead, we observe charts to help manage and define our risk as serious speculators trading real money.  On the zoomed-out daily chart for IBB, ETF for large cap biotechnology stocks, note how significant the current price level is. Note only...

22Apr10:26 amEST

It's Gonna Take Patience and Time

Gauging the post-holiday price action early on, even with the JEC for KEYW buyout offer combined with some early relative strength in bios and software it is still more likely than not that this market needs just a bit more time to reset itself before a potential new leg higher. Mind you, that fresh rally may very well come when many market...

18Apr10:38 amEST

A Test for Underwater Warriors

Seeing as markets are closed tomorrow in observance of Good Friday before we head into the holiday weekend, today is as good of a test as any with regard to whether buyers have the intestinal fortitude to step in for purchases of what is obviously now rather short-term oversold healthcare and biotechnology stocks.  After mildly green opens, the...

17Apr6:36 pmEST

Stock Market Recap 04/17/19 {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...

17Apr10:57 amEST

We Need Juice

On the one hand, seeing the senior indices levitate even after a steep rally since Christmas is surely wreaking havoc on the hearts and minds of dedicated bears, buying index puts into each thrust higher seen in the DIA QQQ SPY. And NFLX battled back after earnings to slightly green/flat, alongside resurgent moves in large cap chips INTC QCOM...

16Apr3:49 pmEST

A Moment of Calm Before the Netflix Show Begins

XLV, sector ETF for healthcare stocks, was down more than 2% today. Biotechs in the IBB and XBI were red, too, though not pummeled quite as much. Dating back to late-last week, the weakness in these groups has been an issue we have examine for Members, largely keeping us out of those names for now.  However, keep in mind relative strength names...

16Apr10:43 amEST

Don't Be Insecure

Oftentimes, in today's day and age of social media fused with finance, it is easy to fall into cliques and group-think which can diminish your own unique approach to markets. To be sure, adopting a few popular trading symbols into your repertoire of watchlist ideas is certainly an instructive way to use social media to your advantage,...

15Apr4:18 pmEST

Stock Market Recap 04/15/19 {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...

15Apr11:02 amEST

Old Slogan, New Winner

Yum! Brands, trading under YUM, is making new all-time highs this morning into a soft tape. The firm operates the brands Taco Bell, KFC, Pizza Hut, and WingStreet worldwide, with a China spinoff in recent years trading under the ticker YUMC.  Back int he 1980s, YUM's Taco Bell had a commercial campaign and slogan which probably would raise...

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