The Market Has Known That Tiger Woods and Golf Are Back

21Aug11:00 amEST

Breaching the Housing Fortress

Pursuant to a video we did on Friday, housing and homebuilder-related stocks are catching a strong bid this morning, though it may have slightly less to do with rates and more to do with Toll Brothers up more than 12.6% after earnings. Still, the XHB and ITB sector ETFs related to homebuilders and housing materials plays are higher by more...

20Aug4:49 pmEST

Stock Market Recap 08/20/18 {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...

20Aug10:38 amEST

A Monster Deal for Beverage Plays

News of beverage and snack giant PepsiCo (PEP) buying out the at-home carbonated drink maker SodaStream (SODA) for $3.2 billion in an all-cash bid reignites bull hopes for more consistent "Merger Mondays" headed into the back end of 2018. Either way, the SODA buyout surely ought to put other beverage plays on the radar. FIZZ has been a solid...

19Aug1:46 pmEST

Sunday Matinée at Market Chess Cinemas

Available on Netflix, Gran Torino (2008) is vintage Clint Eastwood in his twilight years. I recall watching the film in a theater (which seems like an antiquated concept these days) in Las Vegas right near the depths of the financial crises and that devastating bear market. The audience was instantly gripped and likely fed off Eastwood's...

17Aug10:18 amEST

Dissecting an Actionable Trade Idea 08/17/18 {Video}

16Aug10:08 amEST

Reckon You Can't Underestimate the People of Walmart

Walmart is surging more than 9% this morning after they reported quarterly earnings and sales that topped analysts' expectations. For a good while, many a retail analyst and market pundit has struck an effete, condescending tone regarding the controversial "Amazon-eats-the-world" mindset which we have poked holes in many times on this site. ...

15Aug4:26 pmEST

Stock Market Recap 08/15/18 {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...

15Aug3:20 pmEST

Time to Go Underwater Fishing?

The persistent strength in the U.S. Dollar has generally impeded most rally attempts by the material and mining complex of late. But precious metals and miners, in particular, seem to have been impacted the most. And, now, for all intents and purposes the sector is diving at an alarming rate. At issue for us is whether the selling is simply...

15Aug11:01 amEST

More Combat in Close Quarters

After an impressive showing yesterday, bulls are suddenly finding their backs against the wall this morning with a violent move lower on the indices in the opening ninety minutes of trading. Dip-buyers have made little in the way of efforts so far today to try to blunt this selling. And now we have the small caps in the IWM threatening a range...

14Aug1:17 pmEST

The Market Has Known That Tiger Woods and Golf Are Back

As far as the stock market is concerned, there is little doubt that the immense popularity of Tiger Woods (not pictured above, by the way) is pivotal regarding fringe golf fans who go long periods of time when Tiger is not relevant without consuming any golf content nor purchasing any golf-related products (let alone actually playing the...