Steve Madden: Making Strong Island Proud

09Apr5:17 pmEST

Stock Market Recap 04/09/18 {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...

09Apr3:35 pmEST

One Final Request: Don't Be Cruel

Bears are trying to wake up into the home stretch of today's session, though all major indices are still soundly in the green for the day as I write this. We know Friday was an initial trap to lure in shorts before this morning's squeeze higher. So, now we must consider whether this afternoon weakness is yet another trap to lure in more...

09Apr1:30 pmEST

U, U Got a Gift My Friend

Not only have uranium stocks been acting better on their own merits, they may very well be receiving a "gift" in terms of the geopolitical news flow and tensions building around the world. URA is the ETF for uranium stocks, which seem to be vastly overlooked these days, and I can see why: They have fizzled out each time they had been promising...

09Apr10:45 amEST

A Different Type of Staircase

"Stocks take the stairs up and the elevator down." - Old Wall Street axiom An opening surge on the major averages is putting some pressure on shorts who jumped into Friday afternoon's swoon to play for a washout to start this week. Tech names in the QQQ ETF are mostly outperforming, with monster leaders like BKNG (Priceline) and Netflix...

08Apr11:12 amEST

Special Edition: Full-Length Weekend Strategy Session 04/08/18 {Video}

For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of...

07Apr9:13 amEST

Saturday Night at Market Chess Cinemas

An Officer and a Gentleman (1982) is one of those coming-of-age all-American films from the 1980s which ought not become swept away in the sands of time. It is currently available on Amazon Prime and well worth a viewing. via YouTube: Once in a great while a movie comes along that truly grips and uplifts its audiences. Such a movie is An...

06Apr12:45 pmEST

The Market is a Prankster

Despite some charts like ETSY basically ignoring today's drop in the market, alongside a few other standouts we like to track for Members during market corrections and periods of uncertainly and volatility, the reality is that right now the market is a prankster where we can mostly look, but also mostly not touch. Indeed, most stocks tend to...

06Apr10:20 amEST

It Tells a Good Story

On the back of Toronto-based gold miner Kirkland Gold announcing this morning that it had strong first quarter production for 2018, we turn to the price action in precious miners as a whole and continue to see slight improvements, especially at various intervals during this week's inter-market volatility where they could have--and probably...

05Apr4:23 pmEST

Stock Market Recap 04/05/18 {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...

05Apr1:25 pmEST

Steve Madden: Making Strong Island Proud

While it may seem like a relic from the late-1990s/early-2000s , retail play Steve Madden, Ltd. is back in the game with various retail stocks heating up and clearly outperforming the market thus far in 2018. Interestingly, Long Island City-based (which is actually Queens, but to a Jersey guy they are all lumped into Long Island) Steve...