Saturday Night at Market Chess Cinemas

11Apr10:40 amEST

Hardcore Moves

To continue an ongoing series of blog posts regarding a good gold proxy, recall that EZCORP, Inc., updated below on its daily timeframe, previously announced a strategic acquisition of 112 pawn stores in Latin America last October 2017. As we noted, EZCORP owns pawn shops throughout the U.S. and Mexico. More importantly for us, if you backtest...

10Apr4:45 pmEST

Stock Market Recap 04/10/18 {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...

10Apr1:59 pmEST

It's Time to Plan a Trip to Machu Picchu

Beyond Machu Picchu, Peru is also home to Compania de Minas Buenaventura, a diversified miner threatening well-defined resistance breakout as we speak. The ticker for Compania de Minas Buenaventura is BVN, and it has been surprisingly very much under the radar for many traders despite turning in a strong performance on its own merits for a...

10Apr10:37 amEST

Your Money or Your Life? A Stock Only Jack Benny Could Love

Much of legendary comedian Jack Benny's schtick often revolved around him being a miser, as heard in this classic audio clip . Ollie's Bargain Outlet seems like the exact type of retail stock Mr. Benny's persona would have loved, as their slogan is "Get Good Stuff Cheap!". In addition, the stock itself has been a long-time favorite of ours...

09Apr5:17 pmEST

Stock Market Recap 04/09/18 {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...

09Apr3:35 pmEST

One Final Request: Don't Be Cruel

Bears are trying to wake up into the home stretch of today's session, though all major indices are still soundly in the green for the day as I write this. We know Friday was an initial trap to lure in shorts before this morning's squeeze higher. So, now we must consider whether this afternoon weakness is yet another trap to lure in more...

09Apr1:30 pmEST

U, U Got a Gift My Friend

Not only have uranium stocks been acting better on their own merits, they may very well be receiving a "gift" in terms of the geopolitical news flow and tensions building around the world. URA is the ETF for uranium stocks, which seem to be vastly overlooked these days, and I can see why: They have fizzled out each time they had been promising...

09Apr10:45 amEST

A Different Type of Staircase

"Stocks take the stairs up and the elevator down." - Old Wall Street axiom An opening surge on the major averages is putting some pressure on shorts who jumped into Friday afternoon's swoon to play for a washout to start this week. Tech names in the QQQ ETF are mostly outperforming, with monster leaders like BKNG (Priceline) and Netflix...

08Apr11:12 amEST

Special Edition: Full-Length Weekend Strategy Session 04/08/18 {Video}

For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of...

07Apr9:13 amEST

Saturday Night at Market Chess Cinemas

An Officer and a Gentleman (1982) is one of those coming-of-age all-American films from the 1980s which ought not become swept away in the sands of time. It is currently available on Amazon Prime and well worth a viewing. via YouTube: Once in a great while a movie comes along that truly grips and uplifts its audiences. Such a movie is An...