Gold Miners: Remember the Alamos

03Jun1:41 pmEST

Weekend Overview and Analysis 06/04/17 {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...

03Jun1:27 pmEST

Saturday Night at Market Chess Cinemas

The Place Beyond the Pines (2012) is a risk-taking crime drama which dares to disappoint the audience in terms of defying conventional Hollywood plot elements and character development. Without giving too much away, director and co-writer Derek Cianfrance should be applauded for his efforts and ambition in this film, even if he errs on...

02Jun1:22 pmEST

Housing: Time to Let Bygones Be Bygones

Pursuant to the quotation above, it appears as though the homebuilders and indeed home construction sector at-large may have found something to love more than the bad habit of looking back at the housing bubble and shrugging off the notion of home ownership. And that would be the emerging theme of millennials buying starter homes. To be sure,...

02Jun10:56 amEST

Defeating an Obvious Narrative

The election of Republican Donald Trump as a vocal proponent of the Second Amendment last November seemed to dampen the mood for the firearms plays, namely RGR and AOBC (formerly Smith & Wesson). It seems obvious that RGR and SWHC (AOBC now) had thrived during the Obama years. However, a careful examination of both charts reveals they did...

01Jun3:47 pmEST

Stock Market Recap 06/01/17 {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...

01Jun3:46 pmEST

The Market is Predicting Golden State Will Beat Cleveland in the NBA Finals

While it is true that Nike was one of the more than three-hundred businesses to sign the signed an open letter calling on President Trump and Congress to stay in the Paris climate change accord (which Trump just pulled the U.S. out of today), other factors may be in play regarding NKE's notable underperformance today. On the NKE daily chart,...

01Jun1:46 pmEST

Small Caps Up and In

One of our Members, @Scungelli, astutely pointed out earlier this week that the weekly chart for the Russell 2000 Index's ETF (IWM) was likely sporting the tightest Bollinger Band compression we had seen since 2015. Generally speaking, from periods of compression in the market come periods of expansion or explosion. Back in the summer 2015,...

01Jun10:38 amEST

Emerging Trends in Technology

Despite some hiccups along the way, it is tough to imagine a future without the need for cybersecurity firms capable of scaling large economies. While discerning which firms will be the tried and true leaders of the HACK ETF for the cybersecurity-related stocks, we know that the survivors of the recent period since 2015 where plenty of HACK...

31May3:36 pmEST

Stock Market Recap 05/31/17 {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...

31May3:29 pmEST

Gold Miners: Remember the Alamos

The upside reversal in the gold miners today may very well get lost in the end-of-month shuffle we are seeing in equities. However, it is worth noting that gold miners are generally finding buying interest right where they absolutely needed to in order to keep the technical case afloat for a long-term inflection point dating back a few years. ...