The Market's Favorite Cinco de Mayo Play

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...

03May10:50 amEST

It Ain't All Waiting on You, Elon. That's Vanity

The arrogance and vanity shown by Tesla CEO Elon Musk last evening in the quarterly earnings conference call may very well have been raw (plant-based of course) meat for TSLA die-hards and Musk's sycophants. However, it also seemed to be a sobering moment for most tech bulls that the bull market may be long in the tooth with Musk's behavior...

02May3:38 pmEST

Stock Market Recap 05/02/18 {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...

02May3:28 pmEST

Dip in Dip Out

Despite Apple surging today after earnings and the Fed not coming out wildly hawkish, bulls appear to be a bit sluggish and unfocused as several post-FOMC rally attempts stalled at the 2,660 area on the S&P 500 cash index. As we navigate this final hour, you can be sure bears are trying to press below 2,640 for an ugly close. Otherwise, I...

02May8:31 amEST

Milton Friedman on Inflation

Big FOMC today, after 2pm, which will only take on my signifance regarding possible inflationary signs. Here, is a famous perspective, which is controversial at some points. Still, as stocks flounder in front of this FOMC, it is worth a viewing and is, at a minimum, food for thought.

01May5:14 pmEST

Stock Market Recap 05/01/18 {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...

01May10:31 amEST

Frozen in Time But Not Forever

With earnings on May 22nd, Kohl's is looking more and more like a forgotten relic of retail's past, with Macy's (M) and Nordstrom (JWN), for example, garnering more attention than KSS among large department stores. On the monthly chart, below, we can see the last two decades have amounted to a massive holding pattern for Kohl's, as the...

30Apr5:03 pmEST

Stock Market Recap 04/30/18 {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...

30Apr3:39 pmEST

Don't Let This Market Turn You Into Harry Doyle

The golden rule in all forms of speculation is to never allow yourself to go on tilt and lose motional control, which goes double when the inevitable grinding periods (like this one in stocks) and/or drawdowns. We all can "steam" and express frustration, as we are human beings. But "tilt" is acting on that steam and making foolish, outsized...

30Apr2:05 pmEST

The Market's Favorite Cinco de Mayo Play

While CMG is rightly garnering praise for its impressive gap higher on the back of its latest report, let us not forget about Chuy's Holdings, which is much further along (chart below) in terms of an improving chart and likely has much better growth ahead than CMG in terms of spreading its brand around the country. CHUY delivers its latest...