Saturday Night at Market Chess Cinemas

31Jan3:54 pmEST

Stock Market Recap 01/31/17 {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...

31Jan3:51 pmEST

Place Your Bets

Apple earnings coming up tonight will certainly give the feel of us officially being in the heart of earning season, not to mention being in the thick of a big week for macro. Small caps are outperforming for a change today, thanks in part to the smaller bios leading the charge. We are looking to see if those moves have legs and keep the bears...

31Jan1:39 pmEST

Walk the Kevin Plank

After a notably poor quarter, Under Armour's multi-quarter downtrend is stretching further to the downside in a hurry. We know UAA has been lagging for a good while now, making even the corrective Nike look glamorous by comparison. But today's 25% move lower likely represents an epiphany by the market that something is terribly wrong with the...

31Jan10:43 amEST

Surgical Precision

After flopping around in recent sessions, biotechnology issues are rallying nicely this morning in a red tape, flying in the face of some comments by President Trump which may have been more dovish (regarding this sector) than the market had anticipated. The XBI, ETF for small and mid-cap bios, below on the daily timeframe, illustrate the...

30Jan3:45 pmEST

Stock Market Recap 01/30/17 {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...

30Jan3:44 pmEST

Another Squeeze Ride or a Change in Scenery

Given the gaps lower on the major averages today, this session is shaping up as one of the more hopeful ones for bears in 2017. It goes without saying for anyone who has been tracking markets the last few years that equities have been remarkably, if not historically, resilient in the face of typical warning signs and exogenous shocks. Thus,...

30Jan1:26 pmEST

Super Exposure on Super Sunday

It is worth noting that Super Bowl LI, kicking off this Sunday at 6:30 pm EST, is being played at NRG Stadium in Houston, Texas. That stadium is named at NRG Energy, whose stock has been off to a hot start in 2017. The daily chart for NRG below, indicates as much, with price rallying literally since the first trading day of 2017 on impressive...

30Jan10:46 amEST

Shuffle Up and News

The fast-paced news cycle we have seen for a good while became saw more rapid-fire headlines and reactions over the weekend. As it pertains to markets, that may very well have been good enough to ignite some long overdue profit-taking and pullbacks in those stocks and sectors which had simply ignored any notion of a modest reset since the...

29Jan10:44 amEST

Weekend Overview and Analysis 01/29/17 {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 markets. Please click here for more...

28Jan3:14 pmEST

Saturday Night at Market Chess Cinemas

When we think of epic crime/gangster drama films, Once Upon a Time in America (1984) often seems to fall through the cracks. But that is a mistake in my view, as this film is gripping, poignant, and as impressive as any gangster film in the genre. The film headlines Robert De Niro, James Woods, and Joe Pesci. Directed by the great Sergio...