Your Money or Your Life? I'm Thinking it Over!

30Oct3:47 pmEST

Stock Market Recap 10/30/17 {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...

30Oct3:43 pmEST

Miners: Have You a Valediction, Boyo?

Ahead of what figures to be plenty of year-end fireworks in The Fed, in terms of the direction of monetary policy for 2018, precious miners are pretty much at do-or-die levels. For a while now, their various fits-and-starts has likely frustrated bulls and bears alike, with plenty of mixed signals along the way from which to choose. In other...

30Oct1:40 pmEST

Draining and Straining This Market Into Halloween

The small market capitalization stocks housed in the Russell 2000 Index continue to lag the senior averages as we head into the heart of today's afternoon session. On the IWM daily chart, below, which is the ETF for the Russell, we can continue to see those pinched Bollinger Bands we observed last week drive home the idea of a rather...

30Oct10:48 amEST

It's the Same Drill for Under Armour

In front of a Halloween earning date tomorrow, Under Armour is reversing higher this morning in the face of a Bank of America downgrade. Although it failed miserably, the same type of blueprint which applied to the likes of Chipotle (CMG) now applies to UAA, in terms of looking for a potential bottom. Simply put, we want to see signs that...

28Oct9:30 pmEST

Weekend Overview and Analysis 10/29/17 {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 mark Please click here for more...

28Oct9:27 pmEST

Saturday Night at Market Chess Cinemas

Say what you want about filmmaker Oliver Stone (he is unquestionably "out there"), but there is no denying he remains one of the most legendary auteurs over the last several decades of cinematic history. We market players know him as the guy who directed (and co-wrote) the iconic Wall Street (1987). However, his body of work is composed of...

27Oct2:45 pmEST

Van Tharp on Position Sizing

I suppose it is not very fashionable to discuss risk management strategies, like position sizing, in the midst of this legendary bull run. So, consider this an educational post more than anything else for you to ponder over the weekend. Nonetheless, I can assure you down the road the market tide will turn. And when it does (if it is not...

27Oct10:57 amEST

The Virtual Reality Play No One is Talking About

Lost in the shuffle of the NVDA bull run relating to virtual reality has been some intriguing plays which are not garnering much attention. Dolby is a name we have been noting for Members for a while now, though an earnings shakeup this week sees DLB needing some time to tighten its otherwise sound chart back up. But IMAX may very well be the...

26Oct3:41 pmEST

Stock Market Recap 10/26/17 {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...

26Oct3:37 pmEST

Your Money or Your Life? I'm Thinking it Over!

A quick way to remember the retail sector strength of late may very well be to conjure up memories of legendary comedian Jack Benny. Much of Benny's schtick often revolved around him being a miser, as evidenced in the audio clip, below. With this in mind, note that the bargain-hunting segment of retail, be it DG DLTR EZPW, among others,...