Watered-Down Market

08May10:32 amEST

Interesting Correlations

Despite quite a few software and healthcare growth standouts continuing to act well, be it the likes of SMAR TWLO or a big-time winner from earlier the year, Tandem Diabetes Care, below on its daily timeframe, you get the sense that broad market concerns are keeping a lid on things for now. As a result, I have been relegated to a wait-and-see...

07May4:33 pmEST

Stock Market Recap 05/07/19 {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...

07May10:51 amEST

Hiding in a Rusted Place

After beating on both top and bottom line earnings this morning, it is worth noting that Kirkland Gold, flagging tightly below on its weekly timeframe, continues to stand out for its relative strength in an otherwise lethargic mining sector. At some point, if miners do sustain a rally beyond a day or two I expect KL to be a leader and surge to...

06May5:26 pmEST

Stock Market Recap 05/06/19 {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...

06May3:11 pmEST

Full Steam Ahead

Zix Corporation ( ZIXI ) enjoyed a 30%-plus post-earnings gap higher on Friday, which was surprisingly lost in the shuffle amid a busy couple of weeks on top of the fireworks we have seen over the last eighteen hours or so. However, we ought not forget about little ZIXI, an emerging cybersecurity standout with about a $583 million market cap....

06May10:47 amEST

Time to Call it for the Summer, Right?

The temptation my very well be to cash in one's chips on the long side today and prepare for seemingly inevitable market volatility this summer, especially in light of the China/U.S. trade war tensions taking a very serious turn yesterday. Moreover, U.S./Iran tensions are not helping the cause either, in terms of adding yet another point of...

04May9:12 pmEST

Saturday Night at Market Chess Cinemas

Depicting the final twelve hours in the life of Jesus of Nazareth on the day of his crucifixion in Jerusalem, Mel Gibson's The Passion of the Christ (2004) is currently available on Amazon Prime and is worth a viewing. Note that this applies to everyone, regardless of your religious beliefs and views on religion in general--You can tell that...

03May1:58 pmEST

Attention to Detail

In lieu of harping on the "big things" this week, be it The Fed perhaps not being dovish enough, some mixed economic data, GOOGL pounded after earnings but AAPL faring quite well, all the while Warren Buffett takin a (root beer) floater via shares on AMZN, among a plethora of political headlines, we instead wanted to stay tangible, if you will....

02May2:19 pmEST

Beyond Meat: Ingredients for a New Fad Stock?

Taken directly from the Beyond Meat website , the supposedly "healthy" alternative to real beef burger patties features an ingredient list, above, full of easily-rancid vegetable oils and various starches shown to spike blood sugar in most people. Whether or not you believe this product is truly a healthier alternative to real beef is a...

02May10:49 amEST

Watered-Down Market

There is a colorable argument to be made that this market may very well be best served with a broad-scale, multi-day selloff which helps to reset many strong but extended charts in tech. Even the most steadfast bulls could appreciate such a scenario, which may come to fruition yet. But on the back of some harsh earnings downside reversals...