Who Has Two Thumbs and Wants to Wait Two Hours for Diabetes?

07Apr12:48 pmEST

The Last Good Hustle

In light of some buzz earlier this year about Warren Buffett and Charlie Munger at Berkshire Hathaway singing a much more bullish tune on the airline sector than at any other time in their (extensive) lives, one cannot help but speculate on which airlines may be most ripe for a Berkshire buyout. Much like "Fast Eddie" Felson in The Color...

07Apr10:52 amEST

The Best of War and More: Spill the Futures, Dig That Girl

Fireworks in the futures markets last evening has apparently not added up to much today, as the U.S. airstrikes in Syria coupled with a dismal jobs number this morning still saw dip-buyers stepping in to try to stabilize the major averages. As I write this, all major averages are slightly green, with obvious war-related plays like RTN dealing...

06Apr3:50 pmEST

Stock Market Recap 04/06/17 {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...

06Apr3:48 pmEST

The Scenic View of Advanced Micro Devices

Much like our recent analysis of big-time chip winner, NVDA, Advanced Micro Devices (below, on the monthly timeframe), may be ripe to at least pause if not correct in the near-term. On the multi-year look, note the name rallied impressively over the last fourteen months or so. However, the $15 level has been a tough one for AMD, dating back to...

06Apr1:33 pmEST

Drugs Are Bad, M'kay

On the back of Chilean ag SQM, which also is a lithium play, surging today, other niche chemical ag firms are in focus on the long side. Scotts Miracle-Gro, once seen as innocent as a G-rated Disney movie in terms of consumer products, seems to be acting out an episode of Weeds with its branching out to pot growers . Of course, an article...

06Apr10:42 amEST

Early Stick Saves Keep Bears at Bay

After some initial back-and-forth off the opening bell, a broad market bounce is taking shape in a bit more pronounced manner as I write this. Bears will argue that after yesterday afternoon's violent downside reversal, an early bounce this morning will merely set up some more late-day weakness. However, we know the trials and tribulations the...

05Apr3:59 pmEST

Stock Market Recap 04/05/17 {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...

05Apr3:57 pmEST

This Market Has a Financial Napoleon Complex

I know the FOMC Minutes marked the excuse for the selling today, and some Trump shakeups, but the little guys, aka the small caps, and banks remain an issue for this market. More in my recap after the bell.

05Apr1:46 pmEST

More of the Same for Twitter...or Not

Despite some more slight underperformance by the smaller cap stocks, the mega caps in the Dow and marquee Nasdaq issues like AMZN are leading the bull charge higher today. SBUX is trying to emerge from a multi-quarter correction, while VRX remains a bonafide disaster of a chart. But what has piqued my interest today has been the reaction by...

05Apr10:45 amEST

Who Has Two Thumbs and Wants to Wait Two Hours for Diabetes?

The Panera Bread Company buyout this morning simply reinforces the notion that the restaurant space is worthy of newfound attention in the early spring months. The Cheesecake Factory, for example, may be ripe to follow suit even if no imminent buyout looms. But from a technical standpoint, the weekly chart, below, shows CAKE may be tired of...