Time for the Bad Boys in Energy to Have Their Day

08May10:55 amEST

Another Scavenger Hunt of Sorts

Valeant is up nicely after earnings this morning, a name which is practically infamous at this point given that it was the scene of one of Bill Ackman's biggest losses when he realized his mistake both in literal (selling out of his position) and figurative terms, acknowledging his stubbornness during VRX's devastating, unforgiving downtrend...

07May5:22 pmEST

Stock Market Recap 05/07/18 {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...

07May3:34 pmEST

Revising Strategy from Here

Small caps, and indeed the broad market, are seeing some initial fading at prior resistance after a sharp run from the lower end of its multi-month range. However, when we view this action in context, on the IWM small cap ETF daily chart, below, we can see that an initial fade is not necessarily reason for concern. Similar comments apply to...

07May11:17 amEST

Casual Dining Chains Will Make You Feel Cool Again

While it is certainly true that some one of the more alluring software growth plays continue to dazzle, not to mention the energy complex and small caps in general, we ought not overlook the continued improvement in the casual dining space. Brinker (EAT), flagging below on the daily chart, is yet another example of a quietly attractive long...

06May10:18 amEST

Weekend Overview and Analysis 05/06/18 {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...

06May10:12 amEST

Sunday Matinée at Market Chess Cinemas

I previously recommended "BOSCH," an Amazon Prime series based on Michael Connelly’s best-selling crime novels, which centers around the gritty, old school LAPD homicide detective, Harry Bosch. I wanted to give a quick follow-up and viewing the third and newly-released season four to re-recommend the show. While BOSCH might not be in my...

04May1:27 pmEST

If You Like Alibaba, You'll Say Xièxie for This Other Play

While Jack Ma and BABA understandable get most of the attention among China stocks, there are other China internet plays we have been tracking which have performed admirable this year and are actually sporting cleaner charts that even BABA. WUBA (58.com) would be one such example, a name we looked at for Members in recent weekend videos. Note...

04May11:06 amEST

Shake Shack is Acting Like an Emerging Bull Market Growth Leader

With bears squandering a multitude of opportunities this week (and indeed this year) to break the broad market lower for a much deeper correction than anything we have seen in at least a few years, one must wonder, then, which stocks would potentially lead a new leg higher. Naturally, "FANG" names, plus BKNG (Priceline) and some payment...

03May3:34 pmEST

Stock Market Recap 05/03/18 {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...

03May1:17 pmEST

Time for the Bad Boys in Energy to Have Their Day

Uranium is a sector we wrote about and played for Members earlier this week on the long side, as the URA ETF flirts with breaching $14 upside to set in motion a confirmed bottom. CCJ was my preferred way to play uranium on the long side, and I may very well revisit the relatively larger cap, liquid uranium miner in the near future if the...