They Say You Can't Go Home Again

12Sep10:51 amEST

All Hands on Deck for a Gold Rally

It has been a few months since I touched any of the precious metals miners, as the complex simply buckled under its own weight on top of a firm U.S. Dollar. Gold bugs seem stunned, more than anything else, by the abrupt drop we saw beginning in early-July, a relentless selloff which has laughed off any calls for an imminent rally. For my style...

11Sep4:50 pmEST

Stock Market Recap 09/11/18 {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...

11Sep3:08 pmEST

It's Not Always a Crazy Party

One of the more interesting aspects regarding the spotty summer action we saw in the energy/materials/emerging market complex is that some of the intriguing solar stocks notably slowed down. We know that solar can often trade with that complex, since higher oil creates more interest in alternatives like solar, and vice versa. But within the...

11Sep10:47 amEST

Not Turning a Blind Eye Towards Tech

Despite a steep earnings selloff in SONO, tech is largely outperforming the rest of the market this morning. Overall, bears were unable to initially follow-through on the soft overnight futures, though small caps are lagging as I write this, with the IMW ETF off by 0.4% or so. Still, software names are notably impressive again, as illustrated...

10Sep3:54 pmEST

Stock Market Recap 09/10/18 {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...

10Sep3:12 pmEST

This Hurricane Florence Play is Not Such a Quanta Leap

With Hurricane Florence gathering steam over the Atlantic Ocean and apparently headed towards North Carolina, backup generator play GNRC is higher by nearly 6% on heavy buy volume as I write this. GNRC was a name we have been stalking with Members, even without a hurricane the chart was still impressively basing in an uptrend before today's...

10Sep10:39 amEST

The Best Casino Stock Amid a Bad Losing Streak

The multi-quarter bull runs we saw in the major casino plays, LVS MGM WYNN, all seemed to vanish like a gambler's lucky streak this summer, with all three of the majors taking a relentless pounding from aggressive sellers. At the moment, all three are rather oversold on a near-term basis and could easily bounce, as could gaming technology...

09Sep12:45 pmEST

Weekend Overview and Analysis 09/09/18 {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...

08Sep12:53 pmEST

Saturday Night at Market Chess Cinemas

Another 9/11 commemoration is fast-approaching this coming week, as the anniversary falls on a Tuesday this year. As we know 9/11/2001 occurred on a Tuesday. And this upcoming seventeenth anniversary seems surreal in terms of how many years have since passed. One film which did not receive nearly enough acclaim for its poignant, minimalist,...

07Sep1:31 pmEST

They Say You Can't Go Home Again

Putting to one side all of the talk about rates, wages, tariffs, political headlines in general, as well as the price action of the FANGs, plus the swirling headlines surrounding Tesla and Elon Musk, we ought not forget that the semiconductors are still coming to terms with their Dot-com bubble highs. As you may know, the chips were at the...