Monthly Archives: May 2017
Showing articles 11 - 20 (83 total)
26May3:49 pmEST
Time to Recharge
The stock market does not give you many days off. But we have one on Monday in observance of Memorial Day, which of course differs from Veterans Day in November as the former is a holiday set aside to pay tribute to those who died serving in the military (Veterans Day honors all who have served in the military). On that note, you can...
26May11:06 amEST
Money, Those Calls Are Gonna Be Up Five Hundy By Midnight
With a relatively cloudy and rainy Memorial Day Weekend on tap in the northeast, one can envision a scenario where the casino resort stocks get a nice boost. The major casino stocks, LVS MGM WYNN, have been rather quietly building out narrow price consolidations on their daily charts over the last month or so. However, into a mixed tape this...
25May8:00 pmEST
Stock Market Recap 05/25/17 {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...
25May1:22 pmEST
Injured Little Guys in the Way of a Championship Run
The small market capitalization stocks housed the Russell 2000 Index are flipping back to red as I write this. Despite the fade in the IWM (ETF for the Russell), the senior indices remain soundly green, as the Nasdaq leads higher and the likes of AMZN FB NFLX flash signs of staging new legs higher. Nonetheless, if we are to see a broad-based...
25May10:50 amEST
Best Buy's 40 Year Old Virgin Top
Best Buy's sizable earnings gap up this morning takes the stock roughly back up to where it was during its heyday, right around the time the film, The 40 - Year - Old Virgin was released in mid/late 2005. The comedy is a film based around a store in which the main characters work, and is not unlike a scaled-down version of a Best...
24May5:11 pmEST
Stock Market Recap 05/24/17 {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...
24May2:42 pmEST
Genuine Value in Retail
The Amazon-eats-the-world thesis have reared its head again in recent weeks, with carnage in retail icons like JCP JWN M, among others. To reiterate our counter to that thesis, while it is certainly true that Amazon is inflicting, shall we say, creative destruction on plenty of old hat retail plays, it is not true on every level. In other...
24May10:19 amEST
It's Thanksgiving in May for Fitness Software
One of the more intriguing, niche software plays over the last year and a half or so has been MINDBODY, Inc.. MB is a provider of cloud-based business management software for the wellness services industry. In other words, they specialize in fitness software for businesses, potentially a way for firms to reduce employee healthcare costs. ...
23May3:50 pmEST
Stock Market Recap 05/23/17 {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...
23May3:47 pmEST
Steel Doesn't Die So Easily
Much like the tough steel mill workers themselves, steel stocks may not be ready to go away for good. Of course, steel longs must have been feeling their stocks would, in fact, go away for good given the steeply corrective action since February. However, today marks the first session in a good while where steel stocks rallied impressively on...