Stock Market Recap 01/23/17 {Video}

26Jan10:48 amEST

I'm Talking About Liquid, Buddy Boy

As loose and sloppy as natural gas itself trades at times, some of the liquefied natural gas (LNG) carriers are a bit more sanguine on the commodity's prospects. The weekly inventory report for natty was just released as I write this, and the UNG (ETF for natural gas) is holding its initial gains this morning. If that continues to be the case,...

25Jan3:51 pmEST

Stock Market Recap 01/25/17 {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...

25Jan3:48 pmEST

Here Comes Old School

Beginning tonight with the suddenly-controverisal QCOM, we will see a deluge of old school, mature tech firms reporting earnings over the next two days in particular. Also reporting tonight are EBAY T WDC, just to name a few other old school plays. And then tomorrow we get INTC MSFT, plus a whole host of others. Those names are, indeed, as old...

25Jan1:46 pmEST

Most Roads Lead to Inflation

Between the rally in most commodities, especially the premier global materials, a resurgence in regional banks favoring higher rates, a weakening Dollar, and most of all Treasuries unable to hold a bounce on Monday, it sure seems that the inflation argument is gathering steam. While bond bulls seem to have formed several factions, all leading...

25Jan10:46 amEST

20,000 of One, Half a Dozen of the Other

The Dow 20,000 milestone has finally been achieved, putting to rest what is otherwise a seemingly trivial event for traders. Nonetheless, the media coverage should now let up and, surely, has plenty of other material on which to focus going forward. As for us and what we are left to negotiate in this market, bulls continue to trap bears as best...

24Jan3:39 pmEST

Stock Market Recap 01/24/17 {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...

24Jan3:33 pmEST

China Stocks: What a Long, Strange, CTRP It's Been

In light of the BABA beat and rally, Ctrip.com is another China play worth watching on the long side especially since earnings are not until mid-March. On the daily chart, below, note CTRP needs to clear the cluster of moving averages, just above, in order to break free and clear and gain momentum. To be sure, plenty are watching BIDU JD SINA...

24Jan1:31 pmEST

Laying the Foundation

Without question, the industrials and miners are notable outperformers today, even as biotechs and healthcare continue to slack. We will delve into some specific, under-the-radar plays for Members coming up in my usual Midday Video. But to be precise in the meantime, the move in the XLB (sector ETF for materials/ags/chemicals) is spectacular,...

24Jan10:48 amEST

Evidence Beyond Positive Thinking

The issue as to whether plenty of materials, steels, mining plays are on the cusp of another sustained move higher off possible bear market lows printed roughly one year ago is slowly resolving in favor of bulls. Beyond a mere whim or knee-jerk reaction to President Trump's rhetoric and policies, we are looking to stay rigorous and assess...

23Jan3:52 pmEST

Stock Market Recap 01/23/17 {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...