Saturday Night at Market Chess Cinemas

11Apr3:53 pmEST

Stock Market Recap 04/11/17 {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...

11Apr3:49 pmEST

The Best Time to Buy Airlines is When There's Blood in the Aisles

In front of Delta Airlines reporting earnings tomorrow morning, and against the backdrop of United Airlines' terrible publicity, two of the relatively smaller cap airlines are acting well. Both JetBlue, which we looked at last week, and now Southwest Airlines, make logical buyout targets for a big name like Berkshire Hathaway who already owns...

11Apr1:38 pmEST

Tough to Invent a Better Setup

If you are looking for a clean bearish setup, not even Thomas Edison (colorized pictured above, enjoying a vacation) could invent one like we have on the QQQ 30-minute chart, below. But therein lies the rub. For years now, those "textbook" bearish setups seemed too obvious to work, as many theories float about how markets have changed and the...

11Apr10:38 amEST

A Hot Attraction Gone Cold

It is not just Qualcomm anymore. The semiconductors, as a group, are now under pressure and that seems to be concerning to equities now, too. For a while now, QCOM was deemed a special situation for us inside Market Chess Subscription Services, as we shorted the name recently as well as earlier this year into its massive spike down. But the...

10Apr3:52 pmEST

Stock Market Recap 04/10/17 {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...

10Apr3:50 pmEST

Whole Foods Fighting Food Deflation One $6 Asparagus Water Bottle at a Time

Into what has turned out to be a quiet afternoon, Whole Foods got its activist investor, in Jana, and subsequent rally. Interestingly, Jana mentioned food deflation as one of the great struggles for WFM, and suggested the firm should put itself up for sale. Of course, the notion of deflation and Whole Food is a bit, well, rich, when you...

10Apr1:46 pmEST

Chipotle's Chart and Its Plan to Win

It may be well over ten years since McDonald's spun off Chipotle Mexican Grill, but CMG is now trying to stage a turnaround not unlike what MCD did in the wake of the "Super Size Me" controversy around 2004. Back then, MCD was taking shots all the way around, be it from markets, politicians, business competitors, and general social stigma. But...

10Apr10:37 amEST

Uranium Tries to Break the Wedge of War

Nothing quite like waging some war in order for uranium stocks to break their "wedge of war," highlighted below on the ETF's daily timeframe. With global tensions rising, now would seem to be the proper time for uranium stocks to wake up from a multi-month nap. Before that nap, uranium stocks were off to a hot start in 2017, but apparently...

08Apr9:22 pmEST

Weekend Overview and Analysis 04/09/17 {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...

08Apr9:21 pmEST

Saturday Night at Market Chess Cinemas

Searching for Bobby Fischer (1993) is certainly one of those films which seems to have stood the test of time, as poignant now as it was in the early-1990s, chronicling all of the unintended issues encountered when a father learns that his prepubescent son is a chess prodigy. Having played tournament chess myself and been a nationally-ranked...