Sunday Matinée at Market Chess Cinemas

26Sep4:49 pmEST

Stock Market Recap 09/26/18 {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...

26Sep3:02 pmEST

Improper Topping Action...or Basic Heartburn

While I am not going to say that the post-FOMC reaction, thus far, has been wildly bearish, the initial move higher does smack of a bit of an offsides move by bulls. Moreover, the small caps in the Russell 2000 Index continue to struggle as I write this. And I am going to want to see a strong final hour from them in order to become aggressive...

26Sep10:25 amEST

Cleaning Up a Fine Mess

Of all the promising junior marquee growth names in the market over the last several years, GoPro and Yelp would have to rank right up there as being as disappointing as any of them. Along the way lower or sideways has been a series of ephemeral pops, quickly relinquished and oftentimes leading to fresh legs down. Indeed, GPRO and YELP have...

25Sep4:52 pmEST

Stock Market Recap 09/25/18 {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...

25Sep2:20 pmEST

Early Holiday Research

Seeing as Thanksgiving is more than eight week away, it may be a tad premature to start thinking about the holidays and some of the stocks which could sneak in as market winners. However, we would be remiss not to point out the progress that long-time laggard Imax has been making, as seen on its updated daily timeframe, below. Clearly, $26,...

25Sep10:41 amEST

Fast-Casual Dining is Formally Hot

On the back more M&A news this morning, with KORS in retail buying Versace for $2.1 billion and rebranding themselves as Capri Holdings, as well as the parent company of Arby's and Buffalo Wild Wings acquiring burger chain Sonic in a deal valued at $2.3 billion, we must continue to ferret out fresh buyout ideas as we seem to be at that phase in...

24Sep4:28 pmEST

Stock Market Recap 09/24/18 {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...

24Sep2:10 pmEST

Pot Stocks Might Be Gearing Up for Another Special Move

The easiest thing in the world for most traders right now would be to assume that the "easy money" in the marijuana trade has already been made, and that buying pot stocks here is tantamount to buying Bitcoin last Christmas. To be sure, the price swings we saw in TLRY last week ought to given even the most hardened speculator pause, in terms of...

24Sep10:44 amEST

DNR Also Stands for Do Not Resuscitate Energy Bears

As we discussed with Members in the full Weekend Video, some weakness early this week headed into the FOMC on Wednesday ought to be expected. And we are seeing just that morning, as the Dow leads lower but biotech and energy are exuding impressive relative strength. My inclination, however, is to sell some longs into strength, such as Denbury...

23Sep12:21 pmEST

Sunday Matinée at Market Chess Cinemas

Directed by now-famous Danny Boyle, T2 Trainspotting (2017) is a commendable sequel to the original Trainspotting (1996), which I still consider to have been one of the best films of the 1990s. Set in and around Edinburgh, Scotland, T2 combines the "where are they now?" of the original cast of characters, impressively portrayed by Ewan...