Deck on Deck

04Apr11:07 amEST

Growth at Low Tide This Morning

On the back of some visible Nasdaq names like ROKU and TSLA trading lower due to their own company-specific issues, tech as a whole is taking it on the chin this morning, namely the software growth stocks. It may very well prove to be merely a shakeout, but as we are seeing those shakeouts can be rather convincing. And, of course, there is...

03Apr4:53 pmEST

Stock Market Recap 04/03/19 {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...

03Apr10:57 amEST

Celebrate Them Staying Up There

Traders have a tendency to shun names which we feel we have "missed," be it a sizable earnings rally or a rally seemingly out of nowhere. However, to succumb to those short-term emotions if often a mistake in terms of unnecessarily missing out on future opportunities. Specifically, these stocks are often tipping their hands that they now have...

02Apr5:09 pmEST

Stock Market Recap 04/02/19 {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...

02Apr10:51 amEST

Still Sounds Like a Bird

It has been a while since we highlighted Twitter's stock, not because there was anything to hide but rather because the name was simply grinding sideways and falling through the cracks of the market as a whole. And, yet, there is no denying that the stock has come a long way since sipping into the mid-teens a few years back during a botched M&A...

01Apr5:16 pmEST

Stock Market Recap 04/01/19 {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...

01Apr11:46 amEST

Blast from the Past

It is an interesting start to the new month and new quarter this morning, with industrials, rails, and chips perking up above all else early on. Into the first half hour of trading, we saw a sell program run with AAPL and various software and some healthcare tech plays. But the issue now will be whether they recover and regain momentum today as...

31Mar2:47 pmEST

Sunday Matinée at Market Chess Cinemas

It remains to be seen if this market kicks off the second quarter of trading like a raging bull, but either way one film which I hope never slips through the cracks of cinematic history is Raging Bull (1980). I consider this to be the best film of the entire decade for the 1980s, with Robert De Niro turning in a virtuoso performance in...

29Mar3:19 pmEST

Is it Really That Bold of a Strategy, After All?

On some level, it is what it is. In light of last Friday's violent, small cap-led selloff, coupled with a seemingly scary flight to Treasuries, equities have largely coasted this week into the official end of the first quarter of trading. In the event bears have missed another golden opportunity, it is time to put our nose to the grindstone...

28Mar10:41 amEST

Deck on Deck

Coinciding with both Major League Baseball Opening Day 2019 today as well as earnings rallies in the likes of FIVE and LULU, we ought not overlook the fact that Deckers may be, well, on DECK. For a while now, Deckers' bulls have done an admirable job tightening up the daily chart, below, even as retail essentially took a backseat to the...