Stock Market Recap 12/14/16 {Video}

19Dec10:57 amEST

The Darker the Berry the Sweeter the Squeeze

It may seen hard to believe, but back when BlackBerry was called Research in Motion (RIMM ticker) it was a major market leader from 2006 through early 2008. These days, however, BBRY seems to have fallen through the market's cracks, with barely a mention from the most hardcore of tech enthusiasts. This morning, though, BBRY is up nearly 3% on...

17Dec9:20 pmEST

Weekend Overview and Analysis 12/18/16 {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 markets. Please click here for more...

17Dec6:27 pmEST

Saturday Night at Market Chess Cinemas

I go to the movie theatre far less than I used to, mostly due to overall lower quality of most feature films released. We know that plenty of the top talent in Tinseltown has migrated to streaming television series, for example. But as I have noted before, Hollywood is a much more watered-down version of what is once was. On a more optimistic...

16Dec1:40 pmEST

Whole Year for Whole Paycheck

On the one hand, Whole Foods Market (also known as "Whole Paycheck," due to their high-end grocer status), will no longer be part of Nasdaq-100 Index. On the other hand, that may function as a contrarian signal for a stock which has essentially been dead money for actually well over a year now. And that dead period was preceded by a steep...

16Dec10:54 amEST

They're Not Playing for a High First Round Draft Pick

Unlike in professional sports, such as at this point in the NFL season, the very worst performers in the stock market have no (legal) incentive to intentionally tank all the way and position for a high draft pick. With that in mind, at this stage in the year, the notable laggards like FIT GPRO, even TWLO, and solars to boot, are at a moment in...

15Dec3:47 pmEST

Stock Market Recap 12/15/16 {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...

15Dec3:44 pmEST

From Way Downtown at The Oracle

Along with Adobe, Oracle also reports earnings tonight after the bell. Both firms are mature tech plays with plenty of price memory we have at our disposals. On the ORCL monthly chart, below, for example, note how the name marginally broke its prior dot-com bubble highs in late-2014/2015, only to then relinquish those gains. However, sellers...

15Dec1:42 pmEST

Gold Bugs Not Quite Out of Business Yet for Christmas

As ugly as this sell-off in precious metals and miners looks and must feel for longs, the reality is that the metals and miners are still above their 2015/early-2016 respective lows. As such, the case for a bear market bottoms is still in play, even if it is under duress at the moment. On the GDXJ (ETF for those wildly volatile junior gold...

15Dec11:11 amEST

Chasing CHiPs

As we wind down 2016 for a remarkably resilient stock market, a performance chase by fund managers into the unflappable semiconductor sector becomes a more viable scenario. Beyond that, we know a last-minute M&A spree still may materialize before the ball drops in Times Square, as there are many buyout targets still in contention. Regarding...

14Dec3:51 pmEST

Stock Market Recap 12/14/16 {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...