Valero Needs to Volare

31Aug10:40 amEST

Contrarians of the World Unite! All You Have to Lose is Respect of Your Peers

We have become rather bullish on Russia in recent weeks, mostly due to the RSX (country ETF) ignoring the persistent weakness in crude oil (recall that Russia is a petro-senitive economy) on top of the seemingly unfavorable political headlines in America. Indeed, if we traded squarely off corrections, such as crude oil vis-à-vis Russia, then...

30Aug5:05 pmEST

Stock Market Recap 08/30/17 {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...

30Aug2:59 pmEST

Revive or Die

If you are seeking excitement from a given market where the stakes are as high as can be, it is tough to beat the location of the precious metals and derivative miners. Below, we have as large cap a name as you will finding in the gold mining complex, Toronto-based Barrick Gold, on the monthly timeframe. Gold and silver bears argue the latest...

30Aug10:42 amEST

Talkin' 'bout My Generators

Generac Holdings Inc., a designer and manufacturer of power generation equipment, seems like an obvious "hurricane play," off the Harvey headlines. But as we can see, with the crude oil and natural gas weakness, there are no sure things when it comes to natural disasters and the subsequent fallout. Still, given that a major American city is...

29Aug4:52 pmEST

Stock Market Recap 08/29/17 {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...

29Aug2:09 pmEST

If Your Friends Wanted to Buy Cliffs, Would You Too?

In addition to the major global mining players, such as BHP RIO VALE, a good pulse into risk appetite regarding the XME sector is the Cleveland-based, Cleveland-Cliffs Inc, formerly Cliffs Natural Resources Inc. , a non-precious mining and natural resources firm. On the CLF daily chart, below, we saw a sharp spike up over the last hour or so,...

29Aug10:42 amEST

Begging for a Bailout from Dennis Rodman

As you may know, the idiosyncratic former basketball star Dennis Rodman remains one of the few Americans welcome in Kim Jong Un's North Korea. With this in mind, the hostile acts of North Korea last evening may very well compel Mr. Rodman to make another trip and try to smooth things out, surely a sing of a world on tilt. Nonetheless,...

28Aug4:44 pmEST

Stock Market Recap 08/28/17 {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...

28Aug1:33 pmEST

The Blueprint for a Bullish Sector Catalyst

It is safe to say that the amount of mergers & acquisitions in 2017 has been underwhelming, especially when you consider the expectations for stock market bulls and the seemingly inevitable flurry of deals which we can expect when the indices make new all-time highs in such a manner like the senior indices have this year. Still, the AMZN for...

28Aug10:47 amEST

Valero Needs to Volare

Even as crude oil itself endures a "sell the news" reaction off Harvey this morning, Texas-based Valero Energy in the refining segment is one of the more well-defined long ideas off the story which may be ripe to sustain a breakout. It is always tricky to play such obvious, national headlines like a major hurricane with flooding aftermath, as...