It's Not Even Officially Fall Yet...

24Sep4:28 pmEST

Stock Market Recap 09/24/18 {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...

24Sep2:10 pmEST

Pot Stocks Might Be Gearing Up for Another Special Move

The easiest thing in the world for most traders right now would be to assume that the "easy money" in the marijuana trade has already been made, and that buying pot stocks here is tantamount to buying Bitcoin last Christmas. To be sure, the price swings we saw in TLRY last week ought to given even the most hardened speculator pause, in terms of...

24Sep10:44 amEST

DNR Also Stands for Do Not Resuscitate Energy Bears

As we discussed with Members in the full Weekend Video, some weakness early this week headed into the FOMC on Wednesday ought to be expected. And we are seeing just that morning, as the Dow leads lower but biotech and energy are exuding impressive relative strength. My inclination, however, is to sell some longs into strength, such as Denbury...

23Sep12:21 pmEST

Sunday Matinée at Market Chess Cinemas

Directed by now-famous Danny Boyle, T2 Trainspotting (2017) is a commendable sequel to the original Trainspotting (1996), which I still consider to have been one of the best films of the 1990s. Set in and around Edinburgh, Scotland, T2 combines the "where are they now?" of the original cast of characters, impressively portrayed by Ewan...

21Sep11:12 amEST

Buyout Plays and Beyond 09/21/18 {Video}

20Sep6:13 pmEST

Stock Market Recap 09/20/18 {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...

20Sep3:11 pmEST

They Threw the Baby Out with the Ipanema Beach Bathwater

Part of the fallout from the selloff in emerging markets this summer was seeing growth names like PagSeguro take it on the chin. PAGS is an online or mobile payment-based e-commerce service for commercial operations, based in São Paulo, Brazil. As we know, the payments segment, and especially mobile payments, continues to be a hot theme not...

20Sep10:45 amEST

It's Part of the, uh, Healthcare System Now

Pot plays are still mostly solid this morning, as bears continue to miscalculate the imminence of a euphoric top in the space. To be sure, there will be sharp corrections along the way, as will always be the case in speculative industries like marijuana, particularly with the overlap in the biotech/healthcare sectors and various legal hurdles...

19Sep2:55 pmEST

It's 4:20 Somewhere: Analysis of Marijuana Stocks 09/19/18 {Video}

19Sep11:03 amEST

It's Not Even Officially Fall Yet...

...and so this fall in TLT may not be official, either, as rates spike and banks in the XLF KRE ETFs catch a strong bid this morning. As we know in fixed income, when Treasuries rise in price rates necessarily fall, and vice versa. Hence, with TLT momentarily breaching $117 prior support of a well-defined range, as seen on the daily timeframe,...