Milton Friedman on Inflation

06May10:18 amEST

Weekend Overview and Analysis 05/06/18 {Video}

The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend 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. Please click here for more...

06May10:12 amEST

Sunday Matinée at Market Chess Cinemas

I previously recommended "BOSCH," an Amazon Prime series based on Michael Connelly’s best-selling crime novels, which centers around the gritty, old school LAPD homicide detective, Harry Bosch. I wanted to give a quick follow-up and viewing the third and newly-released season four to re-recommend the show. While BOSCH might not be in my...

04May1:27 pmEST

If You Like Alibaba, You'll Say Xièxie for This Other Play

While Jack Ma and BABA understandable get most of the attention among China stocks, there are other China internet plays we have been tracking which have performed admirable this year and are actually sporting cleaner charts that even BABA. WUBA (58.com) would be one such example, a name we looked at for Members in recent weekend videos. Note...

04May11:06 amEST

Shake Shack is Acting Like an Emerging Bull Market Growth Leader

With bears squandering a multitude of opportunities this week (and indeed this year) to break the broad market lower for a much deeper correction than anything we have seen in at least a few years, one must wonder, then, which stocks would potentially lead a new leg higher. Naturally, "FANG" names, plus BKNG (Priceline) and some payment...

03May3:34 pmEST

Stock Market Recap 05/03/18 {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...

03May1:17 pmEST

Time for the Bad Boys in Energy to Have Their Day

Uranium is a sector we wrote about and played for Members earlier this week on the long side, as the URA ETF flirts with breaching $14 upside to set in motion a confirmed bottom. CCJ was my preferred way to play uranium on the long side, and I may very well revisit the relatively larger cap, liquid uranium miner in the near future if the...

03May10:50 amEST

It Ain't All Waiting on You, Elon. That's Vanity

The arrogance and vanity shown by Tesla CEO Elon Musk last evening in the quarterly earnings conference call may very well have been raw (plant-based of course) meat for TSLA die-hards and Musk's sycophants. However, it also seemed to be a sobering moment for most tech bulls that the bull market may be long in the tooth with Musk's behavior...

02May3:38 pmEST

Stock Market Recap 05/02/18 {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...

02May3:28 pmEST

Dip in Dip Out

Despite Apple surging today after earnings and the Fed not coming out wildly hawkish, bulls appear to be a bit sluggish and unfocused as several post-FOMC rally attempts stalled at the 2,660 area on the S&P 500 cash index. As we navigate this final hour, you can be sure bears are trying to press below 2,640 for an ugly close. Otherwise, I...

02May8:31 amEST

Milton Friedman on Inflation

Big FOMC today, after 2pm, which will only take on my signifance regarding possible inflationary signs. Here, is a famous perspective, which is controversial at some points. Still, as stocks flounder in front of this FOMC, it is worth a viewing and is, at a minimum, food for thought.