Kroger is on the Verge of Being Another One of Bezos' Pendejos

12Mar10:26 amEST

Just Like Old Times for the Semiconductors

Micron is leading the charge higher for the semiconductor stocks housed in the SMH ETF this morning, with MU sprinting higher since dipping under $40 in early-February to a price of $58.65 as I write this. We have played a few chip longs of late in the service, such as CREE (an intriguing long-term turnaround play) and AQ (AI, self-driving...

10Mar11:11 pmEST

Weekend Overview and Analysis 03/11/18 {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...

10Mar11:09 pmEST

Saturday Night at Market Chess Cinemas

Riphagen (2016), currently available on Amazon Prime, was produced as a three-part miniseries, but was also deemed worthy of a theatrical release. The show is based on a fascinating real-life story during World War II in the Netherlands. via imdb.com The story about Riphagen, a cunning Dutch traitor during WW2 who helped Nazi round up...

09Mar3:32 pmEST

Outback: Australian for Ignoring Del Frisco's Selloff

Bulls are putting an exclamation point on the trading week, with the Dow up nearly 400 points as I write this. Leaders like Netflix remain seemingly invincible, and even troubled names like Wynn Resorts are enjoying a reprieve with bears back up against the wall, yet again. That said, the action beneath the surface could be better--and...

09Mar9:16 amEST

Tariffs, Protectionism, and Smoot-Hawley

Here are some videos of interest presenting opposing viewpoints on the topic of free trade and protectionism.

08Mar6:45 pmEST

Stock Market Recap 03/08/18 {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...

08Mar1:55 pmEST

Try a Different Continent Today

With earnings now out of the way, the Brazilian airline Gol Linhas Aereas Inteligentes, trading as an ADR in America, looks to be as strong a technical, actionable long setup acting well today as you can find. On the GOL daily chart, below, note how the São Paulo-based airline is at session highs, defying the broad market fade into...

08Mar10:41 amEST

Don't Get Lost with These Directions

Treasuries appear to be in the midst of forming some type of base after diving in early-February as rates spiked higher. Now that many inflation hawks seem to be chirping, it makes sense that Treasuries would stage a bit of a relief rally to keep the latecomer bond bears honest, at least in the interim. As usual, the market will not make the...

07Mar4:35 pmEST

Stock Market Recap 03/07/18 {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...

07Mar1:52 pmEST

Kroger is on the Verge of Being Another One of Bezos' Pendejos

The Kroger Company, founded in Cincinnati, Ohio, by Bernard Kroger in 1883, is seeing shares of its stock plunge today in front of earnings tomorrow morning. Simply put, unless Kroger can shock and awe The Street to the upside, it is looking more and more like KR is a bonafide creative destruction victim at the hands of Amazon/Whole Foods/Jeff...