It's Much More Noir Than You Think

18Jul4:57 pmEST

Stock Market Recap 07/18/17 {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...

18Jul12:53 pmEST

No Big Deal: Just a Nine-Year Bear Market Bottom, Part II.

To update this blog post from May 17th, the Euro certainly appears game to take advantage of the weakening U.S. Dollar this summer (gold and her miners would be wise to do the same, indeed). On the FXE (Euro ETF versus a basket of currencies) monthly chart, below, note how Euro bulls have done a valiant job of defending against a new leg...

18Jul10:50 amEST

Bottom-lining This Little Payment Riff

Bottomline Technologies (NASDAQ: EPAY) seems to have gotten lost in the shuffle of this little (or big) payment processor/digital payment growth story, where PYPL SQ, and many others are watched closely by market pundits. However, EPAY seems to be an excellent growth candidate with a market cap of just over one billion. And while it is not...

17Jul3:27 pmEST

Stock Market Recap 07/17/17 {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...

17Jul3:26 pmEST

Will Netflix Help the Nasdaq Take a "Turn"?

That would certainly be the bear hope at this point--That NFLX flops tonight after earnings and sets the tone for a "sell the news" rest of summer with all of the major leaders reporting in the next few weeks. However, given the small caps' resilience, yet again, today, it is awfully difficult to anticipate a major downside reversal in the...

17Jul1:35 pmEST

Western Hemisphere Bias

A popular theme in sports is that there is an "east coast bias" in America against the west coast teams, most notably heard in college football and college basketball, but also in the NFL, MLB, NHL, and NBA. The time difference is part of it, as well as the hub of media centers mostly being located along the major cities of the eastern seaboard...

17Jul10:41 amEST

Stuck Just Above

Equities are mostly quiet and mixed this morning, in front of Netflix earnings tonight which should garner a bit more excitement. It is interesting, however, to see the small caps in the Russell 2000 Index outperforming the large caps for a change. On the IWM ETF daily chart, below, you can see the $142.30 area, just above, has been tough...

16Jul2:39 pmEST

Weekend Overview and Analysis 07/16/17 {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...

16Jul10:53 amEST

Sunday Matinée at Market Chess Cinemas

Wolf (1994) may not rank among the very top films that Jack Nicholson, Michelle Pfeiffer, and James Spader have starred in, but it sure is a good time and I admit to quite liking anything Pfeiffer does and says. Nicholson plays a book publisher-turned-werewolf-at-night fighting to save his career against the cutthroat Spader, with Pfeiffer...

14Jul10:33 amEST

It's Much More Noir Than You Think

Despite Fed Chair Janet Yellen's comments this week tilting to the dovish side, Treasuries have not been too impressive in bouncing back from a late-June selloff. Thus, if Treasuries now give up this week's Yellen gains into the back half of July I suspect that the "Rates Trade " in equities could easily be back on, with REITs (IYR) utilities...