Stock Market Recap 04/24/18 {Video}

28Apr6:03 pmEST

Saturday Night at Market Chess Cinemas

With a talented cast headlined by Michael Douglas, Kathleen Turner, and Danny DeVito, The War of the Roses (1989) is a classic dark comedy which will have you wondering something along thee lines of, "Why don't they make movies like this anymore?" It's not that this is an all-time great film, but it is an entertaining story with good action,...

27Apr12:57 pmEST

Do You Know What That Makes This Market? Lollygaggers!

Good news is that the market is coiling or working towards any kind of resolution...

27Apr10:37 amEST

When You Come to a Frank Sinatra Fork in the Market's Road...

With stocks selling off, or at least giving a noticeably lukewarm reaction to AMZN CMG BIDU FB's stellar reports this week, among others, bears want to see "Something Stupid," the famous Frank Sinatra song, in the form of the many whipsaws we have seen today eventually lead to a nasty selloff into the closing bell. Or perhaps we as traders need...

26Apr6:00 pmEST

Stock Market Recap 04/26/18 {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...

26Apr2:36 pmEST

Rover, Red Rover: Send Red Robin Over!

Despite Chipotle gaining attention today for its stunning earnings rally after years of controversies, declining brand popularity and increased competition, CMG's rally today still is not bringing enough attention to some of the better casual dining plays in the restaurant space. Names like CHUY DENN EAT FRGI NDLS WING, among many others, all...

26Apr10:16 amEST

Not Through This Door; At Least Not Yet

A whole host of positive earnings' reactions, notably from firms in the Nasdaq, look to be giving stocks a much-needed boost this morning. However, we ought not overlook the point that Treasuries are bouncing precisely where they needed to in order to avoid a significant breakdown, and by proxy a spike higher yet in rates. On the TLT weekly...

25Apr4:46 pmEST

Stock Market Recap 04/25/18 {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...

25Apr1:09 pmEST

Shall We Play a Game?

As we scout a corrective and, frankly, tired-looking market for relative strength outperforming issues, it strikes me as interesting that the aerospace/defense mid-cap play, KLX Inc., continues to act well. While big, bad Boeing (BA) gets most of the attention (understandable today due to earnings), KLXI is the more intriguing long play not...

25Apr10:36 amEST

A Better Deal, Where You'd Least Expect It

While conventional wisdom among speculators early this week dictated that a resurgence in the crypto space could easily gain steam as equities struggle, a casual glance at the Bitcoin Investment Trust (GBTC) weekly chart, first below, reveals that Bitcoin is far from out of the woods since topping out just before last Christmas. At a minimum,...

24Apr3:52 pmEST

Stock Market Recap 04/24/18 {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...