Stock Market Recap 06/15/15 {Video}

18Jun10:23 amEST

Following-Through to Safety

The precious metals and their miners have been mired in a bear market for a good while now, albeit with bounces offering fast, actionable pops at times. But those bounces have been repeatedly sold, usually leading to a sharp rollover before the pattern repeats itself. In order for the complex to see a meaningful change in character, I suspect...

17Jun4:54 pmEST

Stock Market Recap 06/17/15 {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...

17Jun3:18 pmEST

You Didn't Go to Rates Hell; You Went to Purgatory, My Friend

In the wake of the Fed this afternoon, markets have done their usual head-fake dance both ways. Beyond equities, we saw notable twists and turns in bonds, crude, natty, and metals. All of this is happening as the U.S. Dollar plunges. As we have been profiling, the 150-day moving average on the UUP ETF is noteworthy, due to the support found...

17Jun12:33 pmEST

Different Methods of Transportation

It is well-known by now that the transportation sector has been rather weak, on a relative and absolute basis. Adding credence to that notion has been the exceptional strength in FDX, by far the largest component in the IYT, transport sector ETF. Although that may seem contradictory, as the strength in FDX should be a bullish factor, it merely...

17Jun10:28 amEST

Bridge to Japan

I suppose all of the talk in recent years about the U.S. becoming Japan, in terms of "permanently" low interested rates and "zombie banks," may come to a head this afternoon, as we learn just how serious the Fed is about raising rates anytime this decade. Treasuries have had a lackluster spring, using the TLT daily chart, below, as a proxy. We...

16Jun4:52 pmEST

Stock Market Recap 06/16/15 {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...

16Jun1:37 pmEST

Sidearms in Focus

With earnings coming up this Thursday, I sold most of my SWHC long into strength this morning, inside Market Chess Subscription Services . That said, with the bankruptcy of Colt Defense earlier this week, RGR may be ripe to take market share, as well. Earnings are not until August for Sturm Ruger. And gauging the daily chart, below, we can...

16Jun12:06 pmEST

A Sneak Preview of the Next Twitter Shareholder Meeting

16Jun10:07 amEST

A Few Ideas Brewing This Morning

As the Fed Meeting begins today, we have the market flipping back and forth between red and green, still with no clear directional break. In the meantime, within biotechs we have huge gaps higher, like AERI, and monstrous gaps down, like AAVI, reinforcing the risk associated with playing that sector even in a ferocious bull run. Elsewhere,...

15Jun4:50 pmEST

Stock Market Recap 06/15/15 {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...