Monthly Archives: September 2018
Showing articles 1 - 10 (51 total)
29Sep10:51 pmEST
Saturday Night at Chess Cinemas
Simply put, Leaving Las Vegas (1995) is a beautiful film. You may hear others use different adjectives, such as "sad," "depressing," even "gross," but there is no denying the quality of the character development. And there is certainly no denying the powerful performances by Nicolas Cage and Elizabeth Shue. The soundtrack is legendary, and...
28Sep10:03 amEST
Reminder: Your Quirky, Charismatic CEO is a Double-Edged Sword
News of CEO Elon Musk being charged with fraud by the SEC is sending shares of Tesla down hard this morning, off by 11% as I write this. While it remains to be seen just how harshly Musk is actually punished, we traders ought to be far more concerned about the notion of getting involved with TSLA in any way, shape, or form as long as the...
27Sep3:05 pmEST
LaCroix Might Be Worth LaRisk Again
Multiple bullish factors seem to be lining up for longs regarding LaCroix or La Croix, the trendy. sugar free flavored sparkling water distributed by National Beverage Corp (FIZZ), with the parent company's daily chart updated below for you. First and foremost, an announcement regarding cannibas infused LaCroix can come at any time now in the...
27Sep10:48 amEST
We've Got Spirit; Yes We Do
Spirit AeroSystems, Inc. can be seen as one of the more overlooked aerospace and defense plays. Based in Wichita, SPR builds several important pieces of the Boeing aircraft, including the fuselage of the 737, portions of the 787 fuselage, and the cockpit section of the fuselage of nearly all of its airliners. Indeed, SPR is a key piece of the...
26Sep4:49 pmEST
Stock Market Recap 09/26/18 {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...
26Sep3:02 pmEST
Improper Topping Action...or Basic Heartburn
While I am not going to say that the post-FOMC reaction, thus far, has been wildly bearish, the initial move higher does smack of a bit of an offsides move by bulls. Moreover, the small caps in the Russell 2000 Index continue to struggle as I write this. And I am going to want to see a strong final hour from them in order to become aggressive...
26Sep10:25 amEST
Cleaning Up a Fine Mess
Of all the promising junior marquee growth names in the market over the last several years, GoPro and Yelp would have to rank right up there as being as disappointing as any of them. Along the way lower or sideways has been a series of ephemeral pops, quickly relinquished and oftentimes leading to fresh legs down. Indeed, GPRO and YELP have...
25Sep4:52 pmEST
Stock Market Recap 09/25/18 {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...
25Sep2:20 pmEST
Early Holiday Research
Seeing as Thanksgiving is more than eight week away, it may be a tad premature to start thinking about the holidays and some of the stocks which could sneak in as market winners. However, we would be remiss not to point out the progress that long-time laggard Imax has been making, as seen on its updated daily timeframe, below. Clearly, $26,...
25Sep10:41 amEST
Fast-Casual Dining is Formally Hot
On the back more M&A news this morning, with KORS in retail buying Versace for $2.1 billion and rebranding themselves as Capri Holdings, as well as the parent company of Arby's and Buffalo Wild Wings acquiring burger chain Sonic in a deal valued at $2.3 billion, we must continue to ferret out fresh buyout ideas as we seem to be at that phase in...