Monthly Archives: February 2018
Showing articles 31 - 40 (74 total)
16Feb9:56 amEST
Married to the Glob
The likes of Globant, a Buenos Aires-based IT firm breaking to new all-time highs this morning after earnings, may very well be flying under-the-radar compared to some of the more alluring plays like crypto. But that is fine by me, as I would rather stalk plays like GLOB which are breaking out to little fanfare, rather than hot money trades...
15Feb3:45 pmEST
Stock Market Recap 02/15/18 {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...
15Feb3:42 pmEST
Time for SHAK to Win Its First Championship
If Shake Shack earnings tonight after the bell follow the recent pattern of the likes of BB TWLO TWTR SNAP, among others, we may very well see the trendy burger chain with tons of growth ahead of it finally start to turn heads as its stock turns the corner. SHAK has actually been improving technically for a while now, not unlike TWTR was too...
15Feb1:14 pmEST
Which Market is Your Way, Frank?
After a fairly obvious fade at the same area we saw swift rejection last week--The 50-day simple moving average on the S&P 500 Index--stocks are regrouping rather well as I write this. While the Nasdaq is outpacing the other major averages today, I still have an eye on the small caps in the IWM for clues. After all, the IWM was the key to...
15Feb10:37 amEST
A Real Face/Off
Teva Pharmaceutical Industries, an Israeli multinational pharmaceutical, is spiking higher this morning on news that Berkshire Hathaway disclosed a brand new stake in the firm, worth $358 million at the end of December, according to a regulatory filing . Warren Buffett and his Berkshire may very well have seen blood in the streets here, given...
14Feb3:54 pmEST
Stock Market Recap 02/14/18 {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...
14Feb3:50 pmEST
Love Means Never Having to Say You're Sorry for Buying Gold
Although it has generally been tough sledding for gold bugs since 2012 or so, gold bears have not had such an easy time since early-2016. The net result has been tons of fake-outs in both directions, with gold, silver, and their derivative miners seemingly shaking as many traders off of them as possible before the eventual directional break,...
14Feb2:16 pmEST
Inflation, You Say? Lets Go Back to the Future
Back in the first half of 2008 we had a major inflation scare, too. During that time, recall we saw commodities spiking virtually across the board, with oil rising up to $150 per barrel, for example. In fact, the inflation trade became so apparent we had ominous-looking covers on the front of famous financial publications decrying that the...
14Feb10:38 amEST
Suspension of Disbelief
While the hot inflation numbers this morning in the form of the Consumer Price Index report stole the headlines, it is also worth noting that retail sales unexpectedly dropped in January, the biggest setback in nearly a full year. This type of data initially brings out the various calls for 1970s-style "stagflation," although back then we had...
13Feb3:49 pmEST
Stock Market Recap 02/13/18 {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...