It's Not Just Apple Being Served Up

07Nov10:37 amEST

Who Blinks First?

Of all the major indices we regularly review for Members, the lone part of the market where bears could still make a colorable claim of something amiss of late has remained the small (and micro) cap stocks. We have repeatedly looked the remarkably compressed IWM daily chart, updated below, which is the actively-traded ETF for those Russell 2000...

06Nov3:51 pmEST

Stock Market Recap 11/06/17 {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...

06Nov3:11 pmEST

Cleveland-Cliffs: We're Contenders Now

Flying under-the-radar today would seem to be several materials plays snapping back amid the Dollar softening. Cleveland-Cliffs, below on the daily chart, is an excellent example of a "hammer" reversal candlestick from Halloween. The elements for this hammer are fulfilled, as we have 1) A prior, steep downdraft 2) A big move down, followed by...

06Nov10:45 amEST

Positive Energy in a Sea of Negativity

The oil services stocks, using the OIH ETF as a proxy, has been a glaring laggard during oil's recent resurgence. Titans like HAL NOV SLB, among others, have mostly sat out the rally and watched as large cap integrated plays like COP and exploration firms like COG surged. However, the longer the crude rally lasts the more likely it is that SLB...

04Nov11:53 amEST

Weekend Overview and Analysis 11/05/17 {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 mark Please click here for more...

04Nov11:52 amEST

Saturday Night at Market Chess Cinemas

It may be a bit tough to track down these days (in terms of Amazon Prime and Netflix, for example) but it is well worth the effort to catch Denis Leary's television series, Rescue Me . The show falls into the mixed genre of comedy-drama. It premiered on the FX Network in 2004 and concluded on September 7, 2011, a few days short of the tenth...

03Nov1:25 pmEST

Try to Embrace These Losers

Human nature and behavior economics dictate that, despite recent earnings success from both BlackBerry and Twitter, at the first sign of weakness longs will be rather quick to abandon ship. Recall that both BB (formerly BBRY, and before that RIMM) and TWTR have been mired in multi-year downtrends, devastating even the most optimistic, die-hard...

03Nov10:47 amEST

A Piece of the Pirog

As large cap tech giants in the U.S. zoom towards the $1 trillion market cap figure (see: Apple), there may be a bigger piece of the pirog, so to speak, for comparable firms overseas. Just this morning for example, beyond AAPL, we have MercadoLibre, Inc. a South Americans e-commerce company, gapping up after earnings more than 11% and...

02Nov3:50 pmEST

Stock Market Recap 11/02/17 {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...

02Nov3:47 pmEST

It's Not Just Apple Being Served Up

Apple earnings after the bell tonight headline the action. But also keep in mind we have Apple suppliers CRUS QRVO as well, and then SWKS next week. So, it will be interesting to see the whole apparatus function for Apple, not unlike TSLA today with the lithium plays ALB FMC SQM. Overall, bulls clawed back again today, keeping bears at bay...