The Party, The Hangover, Then the Opportunity

14Jan10:59 amEST

Turning the Corner...Slowly

It remains to be seen if some of the more recognizable recent IPOs, including those from 2019, can turn the corner and sustain rotation as the extended parts of the market cool off a bit. We have seen just as much from the likes of BYND CHWY FVRR PINS UBER in recent weeks. However, the following link provides good additional food for thought,...

13Jan5:49 pmEST

Stock Market Recap 01/13/20 {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...

13Jan11:29 amEST

Reflecting on Pot and Crypto Stocks

Much like the crypto-currency related stocks, cannabis stocks have a cultish following which roars in unison each and every time the sector experiences a bounce. Of course, neither faction seems to have fully embraced the idea that many of the stocks in the pot and crypto space are shells of their former technical selves, as the likes of ACB...

11Jan6:41 pmEST

Market Chess Presents: NFL Divisional Round Picks and Discussion

In the interest of having some fun, we look at the coming NFL Divisional Round playoff games tonight and tomorrow. I did not like the current game (Minnesota vs. San Francisco) much from a betting perspective. So, the coming three games are the focus of the following video. I hope you find it enjoyable.

09Jan11:26 amEST

I Like My Nose, Mrs. Mulwray

All things considered, the further push higher in equities this morning seems just a bit too easy for bulls. We have indeed weathered a whirlwind bunch of headlines and potential market shocks over the last week or so, with shorts finding themselves trapped badly more often than not. Case in point: Tesla has been on a seemingly never-ending...

08Jan5:01 pmEST

Stock Market Recap 01/08/20 {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...

08Jan3:35 pmEST

Survey Says...

There seems to be much more than meets the eye with SVMK, doing business as SurveyMonkey, which is an online survey development cloud-based software as a service company. Since its 2018 IPO, as you can see on the zoomed-out daily chart, below, SVMK has knocked out a large range in the teens but, mostly, has fallen into the shadows amid the...

08Jan11:35 amEST

Relax and Enjoy the Game

If nothing else, the BREXIT and President Trump initial selloffs overnight in the futures markets back in 2016 should have been a lesson heeded that markets which are in established uptrends rarely "crash from the top." In other words, the knee-jerk reaction for many during those futures selloffs in June 2016 for BREXIT and then November 2016...

07Jan3:49 pmEST

Two for Tuesday 01/07/20 {Video}

07Jan11:42 amEST

The Party, The Hangover, Then the Opportunity

UBER, LYFT, and BYND were three of the hotter IPOs from the spring of 2019. There was indeed much ballyhoo surrounding all three IPOs, as all three stocks enjoyed initial sharp rallies before running into some heavy and steady selling ever since, for the most part. It is understandable why the hoopla surrounding Uber, Lyft, and Beyond Meat was...