19Apr12:41 pmEST

POSCO May Be in a "Heads I Win, Tails You Lose" Spot

(Full disclosure: POSCO (PKX) is a name I have owned as a long-term investment inside the VIP arm of Market Chess Subscription Services since 2015) Owning PKX, the massive South Korea steel maker, the last few years has indeed been an interesting journey, as plenty of steels and global materials miners were all but written off as byproducts of...

19Apr10:13 amEST

The Trend is Bending

“The trend is your friend until the end when it bends.” – Ed Seykota The commercial real estate stocks housed in the IYR ETF have profited nicely from a generally very low interest rate environment since 2009, as one would expect. The fallout from the 2008 financial crisis was baked into the proverbial cake during the prior, legendary bear...

18Apr3:49 pmEST

Stock Market Recap 04/18/18 {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...

18Apr3:47 pmEST

Nice 'n' Easy Would Do it This Time

We are winding down a generally slower-paced trading session today than what we have seen in recent weeks. And, yet, if bulls can help to base the S&P 500 Index sideways for a few days above 2,700, for example, it may very well set up a further advance into late-April. Energy and energy-related plays, including solar, shined today. I still like...

18Apr1:05 pmEST

Fighting the Good Fight

GrubHub, a name which I have been long inside Market Chess Subscription Services, had a rough early morning on the back of a downgrade from Morgan Stanley . At one point, GRUB was not far from taking out yesterday's lows, which would have been a rather ugly giveback considering the strength of yesterday's rally. However, as we speak GRUB is...

18Apr10:33 amEST

An Exotic Solar Guide for a Simple Chart

The long-term chart for TAN, sector ETF for solar stocks, below on the monthly timeframe, tells the story of a sector which has largely been dead money since 2012. While it is true that there were spirited rallies in 2013, early-2014 and early-2015, ultimately those breakout attempts were met with stiff resistance, and the long, sideways...

17Apr3:55 pmEST

Stock Market Recap 04/17/18 {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...

17Apr3:48 pmEST

Murderers’ Row of Software Growth Action

While it may be a bit rich to conjure up the baseball teams of the New York Yankees in the late 1920s, a lineup known as "Murderers' Row," pictured above, the fact remains that many strong stocks which exuded wildly impressive strength during the winter months are enjoying the spoils of victory today. At issue now is whether bulls can avoid the...

17Apr1:07 pmEST

Let's Pretend to Be Intellectual Stoners with This Play

Some of the more prominent and liquid marijuana plays are running today, namely GWPH and INSY. While those two issues are, indeed, a more conventional and less risky way to play the pot theme becoming increasingly legalized across the country than playing Pink Sheet bingo, let us not get too far ahead of ourselves and declare them to be blue...

17Apr10:36 amEST

Winter Winners' Paradise

This morning's action appears to be a celebration, more than anything else, of those issues which had held up best throughout the winter volatility. Not only has Netflix been acting as well as any "FANG" leadership stock in the QQQ, but the likes of MTCH NTNX TWLO and many others represent potential new leadership regarding the growth The...

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