Stock Market Recap 01/22/18 {Video}

25Jan10:41 amEST

Spring is a Long Way Away

Despite Caterpillar turning in strong earnings, the Big CAT is currently red as the major averages whip around once again. Early sloppiness has not yet led to the type of downside reversal and follow-through which bears have been yearning for, though. And that dynamic compels us to wade through the chop and identify which stocks remain...

24Jan4:56 pmEST

Stock Market Recap 01/24/18 {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...

24Jan3:47 pmEST

The Silver Tribe Makes Its War Cry

Of all the tribes out there, the silver tribe has been one of the more quiet and docile ones in recent years. Often lagging gold rallies, silver and her miners has also taken a backseat to industrial metals and miners, leaving silver miners at the bottom of the barrel more often than not, unable to hold so much as a decent bounce after a...

24Jan1:05 pmEST

Bulls Don't Want to Hear, "Bye Bye, Baidu"

Baidu was supposed to be a good "catch-up" play to a never-ending bull run. However, with BIDU looking great this morning and now flipping red alongside the Dow and the broad market, I am continuing down the road of unwinding longs and not being too aggressive with news, for now. To be sure, calling a market top remains an elusive if not...

24Jan10:36 amEST

Got Unwind on My Mind

I am not saying to move to full cash on the sidelines, nor to call a major market top for that matter, but today seems like a decent spot to lock in fast gains, cut frustrating laggards and probably be a net seller of equities. While there are still a few long setups which I am eyeing, I have also made three sales this morning, one in the...

23Jan3:52 pmEST

Stock Market Recap 01/23/18 {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...

23Jan3:50 pmEST

New Orders for This Market

At this phase in the melt-up of the major indices, if bears cannot muster a reversal anytime soon it makes sense to actively ferret beaten-down and heavily-shorted stocks, such as burger joints like HABT RRGB, for catch-up/relief rally squeezes. But it is worth repeating, of course, that we do not want to become reckless, either. Thus, a...

23Jan1:24 pmEST

Non-Negotiable Facts from The Negotiator

With earnings still more than one month out, Priceline could easily be sneaking in a move up and out of its multi-month corrective pattern. For a while now, we have considered PCLN to be a market leader inside Market Chess Subscription Services, with daily coverage to review the action. However, we also know that the "FANG" stocks have often...

23Jan10:48 amEST

Dawn of a New Era at Twitter

Although news of Twitter COO Anthony Noto (who has been the number two guy at Twitter since 2014) is leaving to become CEO at finance startup SoFi is initially sending shares of TWTR lower this morning, it may not end up being all that bearish at all. Recall the massive, unfilled gap below TWTR still has from earnings last October 2017, seen...

22Jan3:47 pmEST

Stock Market Recap 01/22/18 {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...