Stock Market Recap 05/01/17 {Video}

04May10:46 amEST

Talkin' 'bout My Regeneration

Despite missing earnings, large cap biotech Regeneron is zooming higher this morning and leaving the $400 level more clearly behind in the dust. On the updated, zoomed-out daily chart below for REGN, clearing $400 is merely the first step, however, in a long series of levels needing to be breached in order to cement a major turnaround for...

03May3:48 pmEST

Stock Market Recap 05/03/17 {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...

03May3:45 pmEST

Ready for the Haters' Ball

With the lineup of earnings tonight, I am reminded of the old Dave Chappelle show skit, The Playa Haters' Ball. Indeed, Facebook, Tesla Motors, even Fitbit and Square (Read: Jack from TWTR), are some of the more "hated" stocks/firms/CEOs in the market, be it out of jealousy, disbelief of the success of the likes of FB TSLA, or mere disdain for...

03May1:33 pmEST

Skyworks Going for a Birdie at Par

With earnings now out of the way for chip Skyworks as well as Apple (SWKS is a supplier), the stock may be poised to clear the big, round $100 level once and for all. And when you consider how resilient semiconductors are as a group today, with SMH green as I write this despite the AMD blow-up yesterday, it certainly merits consideration as to...

03May10:42 amEST

Eye of the Fire

Perennial laggard FireEye is showing its first sign of putting up a meaningful fight in a good while. Not only is the stock still well below it 2014 peak of $97.35, but a bounce-back move into the middle of June 2015 proved to be the epitome of a suckers' rally before the latest swoon over the last two years. This morning, though, a...

02May3:45 pmEST

Stock Market Recap 05/02/17 {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...

02May3:44 pmEST

Plenty of Theater Awaits

Although the general pace of the price action in stocks this week has been slow, we are closing in on some major events beginning tonight with Apple's earnings. In addition to being in the Dow, AAPL remain the top comment of the QQQ ETF. Hence, beyond symbolic meaning, AAPL's earnings reactions could easily carry larger implications tomorrow. ...

02May1:42 pmEST

Therapy for Retail Therapy

After a good deal of discombobulating price action, the retail sector is notably outperforming today even as small caps lag. As I write this, the retail sector ETF, XRT, is up nearly 1% while IWM is down 0.5%. Regarding individual retail names, we have highlighted a few on this site, namely FL PLCE TIF, as holding up better than their peers...

02May10:40 amEST

Rare Triple Lindy Reversals for Education Stocks

Despite me taking some creative license with that title, the fact remains that plenty of education stocks are on the comeback trail this year. And perhaps just as interesting is that their strength is being met with little fanfare, as one of our Members astutely noted. To be sure, this is a group of stocks which were in endless downtrends for...

01May3:52 pmEST

Stock Market Recap 05/01/17 {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...