Monthly Archives: April 2019

17Apr10:57 amEST

We Need Juice

On the one hand, seeing the senior indices levitate even after a steep rally since Christmas is surely wreaking havoc on the hearts and minds of dedicated bears, buying index puts into each thrust higher seen in the DIA QQQ SPY. And NFLX battled back after earnings to slightly green/flat, alongside resurgent moves in large cap chips INTC QCOM...

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16Apr3:49 pmEST

A Moment of Calm Before the Netflix Show Begins

XLV, sector ETF for healthcare stocks, was down more than 2% today. Biotechs in the IBB and XBI were red, too, though not pummeled quite as much. Dating back to late-last week, the weakness in these groups has been an issue we have examine for Members, largely keeping us out of those names for now.  However, keep in mind relative strength names...

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16Apr10:43 amEST

Don't Be Insecure

Oftentimes, in today's day and age of social media fused with finance, it is easy to fall into cliques and group-think which can diminish your own unique approach to markets. To be sure, adopting a few popular trading symbols into your repertoire of watchlist ideas is certainly an instructive way to use social media to your advantage,...

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15Apr4:18 pmEST

Stock Market Recap 04/15/19 {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...

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15Apr11:02 amEST

Old Slogan, New Winner

Yum! Brands, trading under YUM, is making new all-time highs this morning into a soft tape. The firm operates the brands Taco Bell, KFC, Pizza Hut, and WingStreet worldwide, with a China spinoff in recent years trading under the ticker YUMC.  Back int he 1980s, YUM's Taco Bell had a commercial campaign and slogan which probably would raise...

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14Apr1:43 pmEST

Weekend Overview and Analysis 04/14/19 {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...

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13Apr12:03 pmEST

Saturday Night at Market Chess Cinemas

Easily the best film containing a storyline about golf that I have ever seen, writer/directorRon Shelton's under-appreciated Tin Cup (1996) is worth a viewing, even for non-golf fans, during The Masters' tournament weekend especially.  Much like Shelton''s other classic sports-related comedy/dramas from the late-1980s and early-1990s, he has...

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12Apr11:15 amEST

Just Your Standard, Much-Needed Oil Deal

After lagging the rally in crude oil itself at various points in 2019, energy stocks seemed to be waiting on more bullish assurances before engaging in a broad-based move.  And we may have just that this morning, as the Chevron deal for Anadarko (APC) may be kicking off a new wave of M&A in the oil patch (with OXY in the mix as another bidder...

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11Apr3:07 pmEST

Good Gamble, Bad Gamble 04/11/19 {Video}

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11Apr10:53 amEST

A Great Wall Leads to Choppy Waters

After yesterday's promising upside action in many biotechnology and healthcare issues, those sectors are noticeably lagging a flattish, mixed tape this morning. For a while now, traders have been frustrated by the choppy action we have seen across healthcare and tech in general, as many hot growth names have taken the last several weeks, if not...

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