MarketChess

19Mar10:33 amEST

A Market Surfing the Highs

Even with small caps flipping slightly red as I write this, the broad market is largely hanging onto gains since Christmas and, in some cases, building on them yet. To be sure, looking for a near-term market top seems like it is overdue. However, that's just it: Sentiment is far from euphoric and stocks mostly are not cracking. If anything,...

Read More

18Mar2:36 pmEST

Not Necessary for Lightning to Strike Twice

The headline this morning read that FIS is set to buy Worldpay, an E-Commerce payments processor, for $34 billion. For a while now, we know that the payments space has been exuding impressive growth and has often enjoyed obvious institutional sponsorship.  So even if more M&A does not come (i.e. lightning striking twice), we still want to keep...

Read More

16Mar9:26 pmEST

Saturday Night at Market Chess Cinemas

In honor of this St. Patrick’s Day's Eve, a great Irish film to see is  My Left Foot (1989), starring the legendary Daniel Day-Lewis, Brenda Fricker and Alison Whelan. Day-Lewis won the Oscar for Best Actor which effectively put him on the map as one of the finest actors in the businesses. And it has been that way ever since.  Via imdb.com ...

Read More

15Mar2:01 pmEST

Medical Device Strength {Video}

Read More

14Mar10:38 amEST

Calmer Seas Ahead for Snap

Shares of SNAP rallied hard at the open after longtime BTIG bear Richard Greenfield upgraded the stock to buy from neutral due to expectations of rising advertising revenue. Seeing SNAP, a name which I have been long with Members for a few days now, pop at the open, combined with a mixed broad market open, was one of those spots where I simply...

Read More

13Mar3:27 pmEST

The Cactus League is Not Just for Baseball

With Major League Baseball's spring training in full swing, including the west coast Cactus League, we ought to think of another Cactus which is rather impressive in the energy patch.  As one of our Members astutely noted, WHD, the ticker symbol for Cactus Wellhead, the leading manufacturer of pressure control equipment used during drilling,...

Read More

13Mar11:04 amEST

Drugs and More Drugs for a Drugged-Up World

News of activist investor Nelson Peltz getting involved with Aurora Cannabis (ACB) as Strategic Adviser seems to add further credence to the notion that pot stocks are here to stay and likely will only gather steam in the coming quarters as the industry becomes more mainstream. Indeed, names like ACB APHA CGC CRON TLRY, even NBEV, have become a...

Read More

12Mar4:57 pmEST

Stock Market Recap 03/12/19 {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...

Read More

12Mar3:53 pmEST

Stop Breaking My Brexit

The Brexit drama seems like it will never end, likely serving as nothing more than a distraction from some of the developments across a variety of markets. We have covered quite a few of these emerging sectors for Members, and continue to monitor the action in, say, silver very closely.  Also note the strength in some medical device plays...

Read More

12Mar10:45 amEST

A Regular Cottage Industry of Hot Stocks

All of the derivative plays sprouting from the Uber/Lyft ride-sharing popularity are sure to attract some hot money, and HyreCar (HYRE) is a pretty good example of that phenomenon. HYRE has earnings coming up this Thursday. But the stock is already trading we'll ahead of its average volume today and is sporting an enticing chart for a quick...

Read More