Monthly Archives: April 2018
Showing articles 31 - 40 (77 total)
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...
16Apr3:45 pmEST
Stock Market Recap 04/16/18 {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...
16Apr3:28 pmEST
Winter is Over But the Goose Might Not be Cooked
Equities are off session highs in the final hour as I write this, as Netflix earnings tonight linger. All things considered, though, barring a horrifying crash into the bell bulls can likely take solace in the lack of real panic or fear on the back of the headlines over the weekend. The S&P 500 Index is initially pausing at its declining...
16Apr12:34 pmEST
A Five-Minute Clip Explaining the Trip That TripAdvisor is Making
We shall see if TRIP bulls "get it" like Tony Soprano does art the end of this clip and his peyote excursion in Las Vegas. But there is no denying the chart has improved in a hot sector, with BKNG (Priceline) still the kingpin and MMYT over in India looking sharp. EXPE and TRIP have been lagging but TRIP has been quietly improving in recent...