If Your Friends Wanted to Buy Cliffs, Would You Too?

03Sep11:48 pmEST

Sunday Night at Market Chess Cinemas

Let's be honest: Cop shows and all things related to the police and homicide investigations are beyond ubiquitous these days. It has gotten to the point where most of these shows blend together and are, practically by definition now due to the sheer quantity of shows, of average quality and easily forgettable after a viewing. But in the case...

01Sep11:06 amEST

Churrascaria-Style Setups

Recent blog posts have focused on the emerging strength in Russia, one of the "BRIC" countries. As you may know, BRIC is an acronym which stands for Brazil, Russia, India, and China. India has been hot for most of 2017, rather quietly gliding under-the-radar for most. The ADRs which trade in America have mostly been underwhelming, however, and...

31Aug5:32 pmEST

Stock Market Recap 08/31/17 {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...

31Aug1:46 pmEST

A Football Season Play? Not So Fast, My Friend

We recently discussed the strength in RV play Camping World Holdings, updated below on the daily chart, as being a likely play on the coming football season tailgating parties. Nonetheless, even with that American tradition clealry intact on the eve of college football season kicking off, the historic damage in Texas may very well result in a...

31Aug10:40 amEST

Contrarians of the World Unite! All You Have to Lose is Respect of Your Peers

We have become rather bullish on Russia in recent weeks, mostly due to the RSX (country ETF) ignoring the persistent weakness in crude oil (recall that Russia is a petro-senitive economy) on top of the seemingly unfavorable political headlines in America. Indeed, if we traded squarely off corrections, such as crude oil vis-à-vis Russia, then...

30Aug5:05 pmEST

Stock Market Recap 08/30/17 {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...

30Aug2:59 pmEST

Revive or Die

If you are seeking excitement from a given market where the stakes are as high as can be, it is tough to beat the location of the precious metals and derivative miners. Below, we have as large cap a name as you will finding in the gold mining complex, Toronto-based Barrick Gold, on the monthly timeframe. Gold and silver bears argue the latest...

30Aug10:42 amEST

Talkin' 'bout My Generators

Generac Holdings Inc., a designer and manufacturer of power generation equipment, seems like an obvious "hurricane play," off the Harvey headlines. But as we can see, with the crude oil and natural gas weakness, there are no sure things when it comes to natural disasters and the subsequent fallout. Still, given that a major American city is...

29Aug4:52 pmEST

Stock Market Recap 08/29/17 {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...

29Aug2:09 pmEST

If Your Friends Wanted to Buy Cliffs, Would You Too?

In addition to the major global mining players, such as BHP RIO VALE, a good pulse into risk appetite regarding the XME sector is the Cleveland-based, Cleveland-Cliffs Inc, formerly Cliffs Natural Resources Inc. , a non-precious mining and natural resources firm. On the CLF daily chart, below, we saw a sharp spike up over the last hour or so,...