Forget it Jack, It's TwitterTown

13Feb3:53 pmEST

Stock Market Recap 02/13/17 {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...

13Feb3:52 pmEST

Fast Food Wars Heating Up Into the Bell

In terms of M&A, an overlooked area may very well be the fast food space. Within the last hour, PLKI (Popeyes Chicken) spiked on rumors of an imminent Burger King (QSR) bid. QSR actually spiked on the news, too, which backs up their strong earnings as being a well-run ship these days. As a result, we will look at some other ideas in the fast...

13Feb1:31 pmEST

Leggo My Ego for The LEGO Batman Movie

Although I probably will not be viewing The LEGO Batman Movie (2017) anytime soon, where surely Harry Cohn and other legends of Hollywood yesteryear are rolling over in their graves, the reality is that the film won the box office this weekend. The film also did well over $1 million alone in IMAX, which brings us to an actionable trade...

13Feb10:46 amEST

Have Your Cake and Eat it Too

Momentum is picking up this morning, with materials miners, banks, and select tech outperforming, among other groups. Speaking of momentum, up or down, while Jack Dorsey has been getting hammered due to TWTR's brutal swoon, he is also CEO of Square, which is performing quite admirably in front of February 22nd earnings. On the SQ daily chart,...

11Feb11:44 amEST

Weekend Overview and Analysis 02/12/17 {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 markets. Please click here for more...

11Feb11:33 amEST

Saturday Night at Market Chess Cinemas

The Last King of Scotland (2006) is a fantastic and intense depiction of real-life and brutal Ugandan dictator, Idi Amin’s regime as seen by his personal physician during the 1970s. Without question, Forest Whitaker is one of my favorite all-time actors, and this film serves as his seminal work with memorable presence he creates for the...

10Feb1:11 pmEST

Gold Miners: Hold!

Much like the famous "Hold!" scene from Braveheart (1995), above, the junior gold miners housed in the GDXJ are attempting to stand their ground in the heat of battle at the ETF's 200-day simple moving average. On the GDXJ daily chart, below, note the juniors reversing up nicely today after what could have been some ugly follow-through lower...

10Feb10:34 amEST

NVIDIA: Pronounce the "N" But Don't Look Down

At the risk of being overly-dramatic, the rest of today's trading session is shaping up to a rather significant portion of trading for NVDA's weekly chart. For a while now, the dynamic chip firm NVIDIA has been as hot as any reasonably-sized stock in the market. The essence of a strong uptrend can plainly be seen on that updated weekly chart,...

09Feb3:45 pmEST

Stock Market Recap 02/09/17 {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...

09Feb3:41 pmEST

Forget it Jack, It's TwitterTown

Today's violent gap down in TWTR drives home the point that the company continues to be punished by Wall Street, which is clearly unhappy with the core management decisions and has been for quite some time. Given that other social media/internet junior names report tonight, namely Pandora and Yelp, we would be wise to focus on them and their...