MarketChess

04May9:12 pmEST

Saturday Night at Market Chess Cinemas

Depicting the final twelve hours in the life of Jesus of Nazareth on the day of his crucifixion in Jerusalem, Mel Gibson's  The Passion of the Christ (2004) is currently available on Amazon Prime and is worth a viewing. Note that this applies to everyone, regardless of your religious beliefs and views on religion in general--You can tell that...

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03May1:58 pmEST

Attention to Detail

In lieu of harping on the "big things" this week, be it The Fed perhaps not being dovish enough, some mixed economic data, GOOGL pounded after earnings but AAPL faring quite well, all the while Warren Buffett takin a (root beer) floater via shares on AMZN, among a plethora of political headlines, we instead wanted to stay tangible, if you will....

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02May2:19 pmEST

Beyond Meat: Ingredients for a New Fad Stock?

Taken directly from the Beyond Meat website , the supposedly "healthy" alternative to real beef burger patties features an ingredient list, above, full of easily-rancid vegetable oils and various starches shown to spike blood sugar in most people.  Whether or not you believe this product is truly a healthier alternative to real beef is a...

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02May10:49 amEST

Watered-Down Market

There is a colorable argument to be made that this market may very well be best served with a broad-scale, multi-day selloff which helps to reset many strong but extended charts in tech. Even the most steadfast bulls could appreciate such a scenario, which may come to fruition yet.  But on the back of some harsh earnings downside reversals...

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01May5:16 pmEST

Stock Market Recap 05/01/19 {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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01May10:51 amEST

Back to the Future Earnings

After trading higher last evening after earnings, spieling over into the pre-market trading this morning too, software growth play Twilio is suffering a classic "sell the good news" reaction during the cash session. As I write this, TWLO is off by more than 4.4% and sporting a rather ugly candlestick so far, as seen on the updated daily chart,...

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30Apr2:55 pmEST

Ready for Another Round?

Bulls are doing their best to shake off the ugly GOOGL selling today, although as I noted this morning when you put the Alphabet selloff into context of the overall chart it is tough to argue that the stock is crashing or dead in the water.  Still, a heavy sell program this morning definitely rattled bulls on an intraday basis, and as we head...

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30Apr11:54 amEST

Battling the Elements

On this final day of April we are already getting a potential sneak preview of the "Sell in May and go away" Wall Street phenomenon. Indeed, you can be sure that if we close poorly today many market players and pundits will have that old axiom on the tips of their tongues when the calendar flips tomorrow.  However, as we see the Nasdaq sell off...

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29Apr3:06 pmEST

Banking on It {Video}

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29Apr11:06 amEST

Homemade BlackBerry Wine

I am long BlackBerry for a swing trade with an $8.70 protective stop-loss. BB is a firm I have been tracking for a while now more than actually trading, as long-term turnarounds can be rather tedious and, ultimately, choppy to trade.  However, if and when the market deems the turnaround a success the stock can often rapidly morph into a...

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