All Hands on Deck for a Gold Rally

18Sep10:40 amEST

It's Time for GoPro to Act Like a Pro

With tech bouncing back this morning, though still below yesterday's highs, bears are wondering what went wrong again with a fairly standard setup for the market to sustain downside on the back of last evening's fresh trade war headlines. In reality, despite tepid upside momentum, overall, in this market, bulls continue to blunt bear attacks...

17Sep5:18 pmEST

Stock Market Recap 09/17/18 {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...

17Sep3:32 pmEST

Defying the Angry People of the Internet

On an otherwise dreadful day for the Nasdaq and Russell, Yelp is quietly green and continues to sport a tight, enticing daily chart, updated below. YELP had every reason to get crushed today, as many tech names are taking it on the chin and noticeably weighing on the broad market. Instead, we have a nice base and a noticeable dearth of sell...

17Sep10:42 amEST

The Best Look This Morning

Weakness in small caps and the Nasdaq off more China trade war headlines seems to be putting bulls to the test, again, this morning. However, it is worth reiterating that dips have been remarkably shallow and have yet to present anything remotely resembling a crisis for markets, yet. Also note we have a bit of a lull this week in front of the...

16Sep11:15 amEST

Weekend Overview and Analysis 09/16/18 {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...

14Sep9:57 amEST

Worthy of a Brief Discussion

One of the more interesting aspects of the selloff in chips (SMH) over the last week or two has been the lack of real selling interest in NVIDIA, which remains a growth leader in the market by most measures. And just this morning, NVDA received a price upgrade target increase to $350, coinciding with semis as a group firming up a bit after...

13Sep10:47 amEST

It's Like Walmart on a Cruise Ship

An early fade in the small caps housed in the IWM ETF is slowing down what figured to be a fast open to the upside for bulls. Overall, though, this market continues to sport constant rotation, staving off the most eager of bears. On that note, some overlooked sub-sectors should get some attention. One of them would be the cruise liners, as...

12Sep4:55 pmEST

Stock Market Recap 09/12/18 {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...

12Sep3:30 pmEST

Witness Protection is Working for Valeant...So Far

After a rough couple of years both technically and as far as the news flow was concerned, Valeant Pharmaceuticals International changed its name to Bausch Health (BHC) earlier this year. While there are a myriad of reasons you will hear from upper management as to the exact reasons for the name change, we know the subtext of this type of move...

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...