My BlackBerry is Not Working!

22Dec1:12 pmEST

Carl Icahn Plays: Danger Ahead, Danger Behind

Driving that train, high on cocaine, Casey Jones you better watch your speed Trouble ahead, trouble behind And you know that notion just crossed my mind "Casey Jones," Grateful Dead Regardless of your personal politics, it is fair to say that legendary activist investor Carl Icahn has President-Elect Trump's ear on a variety of...

22Dec11:10 amEST

This Will Do for Now

Consistent with a slow week leading up to a major holiday, markets continue to drift despite the ballyhoo about "Dow: 20,000." GoPro is finally gaining ground today on the back of a rumor that KKR is an interested suitor. Regardless of whether the rumor comes to fruition, GPRO is certainly capable of a quick holiday long scalp to squeeze shorts...

21Dec3:58 pmEST

Stock Market Recap 12/21/16 {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...

21Dec1:44 pmEST

Six Degrees of the Baconator

It is beginning to look a lot like Christmas trading. Select beaten-down names, like TWLO, are finally catching a holiday bid today. I am looking to see if others follow suit, such as ACIA LN. For now, the momentum appears to be rather narrow as the indices work sideways-to-slightly-down. NKE is also turning in an uninspired bounce after...

21Dec10:51 amEST

Calling a Bottom to Mysterious Murders and Illnesses Aboard Cruise Ships

It has been quite the turn of events for cruise liners over the last decade or so. Once seen as a higher end status symbol for "holiday-goers," as the British would say, a series of well-publicized outbreaks of illnesses aboard some of the major cruise lines, coupled with some notable husband-wife murders and disappearances, has led to a simple...

20Dec5:12 pmEST

Stock Market Recap 12/20/16 {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...

20Dec1:28 pmEST

20,000 Leagues Under the Tree for Christmas

The chase to hit 20,000 on the Dow Jones Industrial Average seems to have taken on a life of its own in both the financial and non-financial news media. Considering the Dow toyed with the 1,000 level from the 1966-1982 secular bear market, I understand the concept that big round numbers on the Dow may be a bit more than a novelty. At this...

20Dec10:44 amEST

Typical Holiday Movement

Even though the "Santa Rally" does not historically start until after Christmas, I see the market is already beginning to drink eggnog and drift on higher. Moreover, momentum traders seem to be congregating around some typical, high beta stocks which have taken a beating and may now be ripe for some relief. Twilio is one such maple, below on...

19Dec3:55 pmEST

Stock Market Recap 12/19/16 {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...

19Dec3:52 pmEST

My BlackBerry is Not Working!

A little pre-BBRY earnings humor, coming up tomorrow morning as per my earlier blog post. Will the firm be able to turn things around, and cease being a laughingstock? Tracey Ryniec noted on Stocktwits that BBRY beat earnings big-time each of the last four reports. See you after the bell for my recap.