The Weather Channel Office Pool Can't Touch This

11Aug4:40 pmEST

Saturday Night at Market Chess Cinemas

Brick (2005) is a valiant attempt by writer/director Rian Johnson at a neo-noir applied to the millennial generation. Joseph Gordon-Levitt' immense talent, in the leading role which he has cultivated during his decades of experience despite being a relatively young man, certainly helps Johnson's script and direction. But Johnson's talent...

10Aug10:17 amEST

Turkey for Me, Turkey for You

With the Turkish Lira essentially crashing this morning as their President seemingly acts out of desperation and panic , equities are down here in the U.S. on concerns of a possibly European contagion redux of what we saw a few years back. Of course, those headlines may be overblown, and the selloff in stocks this morning is more standard...

09Aug3:48 pmEST

Stock Market Recap 08/09/18 {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...

09Aug11:13 amEST

An Objective Look at Tesla's Parking Job

Parking job, as in, Tesla Motors' stock continued to be parked in a massive range. The sideways range TSLA has been operating in for nearly fourteen months now, illustrated below on the weekly timeframe, drives home the message of just how financially (and emotionally) draining choppy, rangebound charts can be for bulls and bears alike. Truth...

08Aug2:30 pmEST

Overlooked Plays in an Overlooked Sector 08/08/18 {Video}

08Aug9:57 amEST

We Need More Than Just Summer Scenery

Beyond earnings movers and the Tesla Motors intraday drama yesterday, the current market features more than a few enticing chart setups which simply are unable to trigger fresh breakouts when the timing seems right. Energy stocks, for example, have been notorious this spring and summer for failing to follow-through higher just when it appeared...

07Aug10:10 amEST

Starbucks is No Longer Seattle's Best

Recent blog posts have presented a more bearish outlook for the coffee/sugar factory known as Starbucks (SBUX), though short-selling in general in this environment remains uniquely difficult. At a minimum, however, we surmised that Dunkin' Donuts (DNKN) figured to offer a better risk/reward profile for longs from both a technical and...

06Aug4:47 pmEST

Stock Market Recap 08/06/18 {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...

06Aug1:25 pmEST

Wynn's Chart: More Steve Wynn or Steve Winwood?

After an embarrassing string of events leading up to Steve Wynn leaving his fancy, eponymous hotel/resort empire, combined with a recent earnings miss, WYNN's stock price has not itself (nor its investors) any favors since Memorial Day. With shares sliding from just over $200 to a recent low of $146.26, investors are understandably anxious as...

06Aug10:44 amEST

The Weather Channel Office Pool Can't Touch This

Many years ago during Hurricane Katrina, The Weather Channel's live coverage of the event saw a brief on-air exchange where an on-the-scene "reporter" was joking with the anchor back in the studio that he was going to win the office pool by correctly predicting the "eye" of the storm (it was technically Buras-Triumph, Louisiana, although...