Electric Cars Funded By Oil Sheiks

19Aug1:46 pmEST

Sunday Matinée at Market Chess Cinemas

Available on Netflix, Gran Torino (2008) is vintage Clint Eastwood in his twilight years. I recall watching the film in a theater (which seems like an antiquated concept these days) in Las Vegas right near the depths of the financial crises and that devastating bear market. The audience was instantly gripped and likely fed off Eastwood's...

17Aug10:18 amEST

Dissecting an Actionable Trade Idea 08/17/18 {Video}

16Aug10:08 amEST

Reckon You Can't Underestimate the People of Walmart

Walmart is surging more than 9% this morning after they reported quarterly earnings and sales that topped analysts' expectations. For a good while, many a retail analyst and market pundit has struck an effete, condescending tone regarding the controversial "Amazon-eats-the-world" mindset which we have poked holes in many times on this site. ...

15Aug4:26 pmEST

Stock Market Recap 08/15/18 {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...

15Aug3:20 pmEST

Time to Go Underwater Fishing?

The persistent strength in the U.S. Dollar has generally impeded most rally attempts by the material and mining complex of late. But precious metals and miners, in particular, seem to have been impacted the most. And, now, for all intents and purposes the sector is diving at an alarming rate. At issue for us is whether the selling is simply...

15Aug11:01 amEST

More Combat in Close Quarters

After an impressive showing yesterday, bulls are suddenly finding their backs against the wall this morning with a violent move lower on the indices in the opening ninety minutes of trading. Dip-buyers have made little in the way of efforts so far today to try to blunt this selling. And now we have the small caps in the IWM threatening a range...

14Aug1:17 pmEST

The Market Has Known That Tiger Woods and Golf Are Back

As far as the stock market is concerned, there is little doubt that the immense popularity of Tiger Woods (not pictured above, by the way) is pivotal regarding fringe golf fans who go long periods of time when Tiger is not relevant without consuming any golf content nor purchasing any golf-related products (let alone actually playing the...

14Aug10:40 amEST

Good Thing Today is Tuesday for Office Depot

Since an all-stock merger between Office Depot and OfficeMax was announced back in 2013, Office Depot's stock has largely fallen into oblivion, with plenty of market players likely unaware that ODP still traded publicly. And even if they did, there was almost assuredly a presumption that Amazon would inevitably run them out of business like...

13Aug5:43 pmEST

Stock Market Recap 08/13/18 {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...

13Aug10:21 amEST

Electric Cars Funded By Oil Sheiks

Tesla looks to be stabilizing this morning in the mid-$350s after this news story about CEO Elon Musk having some meat on the bones to his claim regarding "funding secured," specifically his repeated and ongoing conversations with the Saudi Arabian sovereign wealth fund. Putting to one side the irony of the situation, TSLA's chart is still...