Stock Market Recap 12/21/16 {Video}

28Dec10:55 amEST

Keeping the Holiday Chips Honest

The semiconductors, led by star NVIDIA Corporation, have undoubtedly been a key contributor to the bull case for a good while now. Yesterday's launch in NVDA gave rise to a ballyhoo regarding how foolish bears were for trying to short the name and how potent the name truly was. Even this morning at the open, too, saw NVDA make fresh highs. But...

27Dec4:09 pmEST

Stock Market Recap 12/27/16 {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...

27Dec3:42 pmEST

What is a Ho-Ho-Ho

The Santa rally is kicking off with a drifting move higher today. The Dow is not at 20,000, but that is not making life any easier for bears who have yet to throw in the towel on their thesis. I am looking to see if the precious miners can sustain today's bounce, too, beyond a mere one-off move. Indeed, doing so will be a bit of a change in...

27Dec10:52 amEST

Holiday Liquidity Sloshing Around

Volumes are expectedly light into the end of 2016, with plenty of fund managers and traders gone until at least the first week in January. As such, some small cap names become even more prone to wild intraday moves with a general lack of liquidity. One issue which causes none of those concerns is Alphabet, below on the daily chart. While it...

26Dec5:37 pmEST

Holiday Week Overview and Analysis 12/26/16 {Video}

Please Note In lieu of our full Strategy Session for Members this weekend, we presented a comprehensive list of emerging and subtle themes for early-2017, complete wth actionable trade ideas as a way to express those views. Please click here for more details about joining Market Chess Subscription Services for plenty of other features,...

24Dec6:27 pmEST

Saturday Night at Market Chess Cinemas

One of my favorite Bill Murray films is Scrooged (1988), which also happens to be perfect for a Christmas viewing. Murray is at his best when he has a bit of a harsh edge to his characters in comedy or comedy/drama genre films. And this film gives him a perfect venue to display his talents against the backdrop of a tough-love Christmas...

23Dec9:35 amEST

Mr. Market Knows if You've Been Bad or Good

Unlike Santa Claus, though, Mr. Market does not much care one way or the other how you have been behaving. In reality, the market is what it is, and is not out to get any of us nor purposefully reward us, either. Personalizing market action and inevitable losses in trading remains a surefire way to get blown off your path. As we wind down a...

22Dec1:12 pmEST

Carl Icahn Plays: Danger Ahead, Danger Behind

Driving that train, high on cocaine, Casey Jones you better watch your speed Trouble ahead, trouble behind And you know that notion just crossed my mind "Casey Jones," Grateful Dead Regardless of your personal politics, it is fair to say that legendary activist investor Carl Icahn has President-Elect Trump's ear on a variety of...

22Dec11:10 amEST

This Will Do for Now

Consistent with a slow week leading up to a major holiday, markets continue to drift despite the ballyhoo about "Dow: 20,000." GoPro is finally gaining ground today on the back of a rumor that KKR is an interested suitor. Regardless of whether the rumor comes to fruition, GPRO is certainly capable of a quick holiday long scalp to squeeze shorts...

21Dec3:58 pmEST

Stock Market Recap 12/21/16 {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...