Stock Market Recap 03/27/17 {Video}

30Mar10:41 amEST

From Bamboo Shoots to Green Shoots

During World War II, British intelligence viewed the wondrous Taj Mahal as being legitimately vulnerable to attacks by the German Luftwaffe (air force) bombers and perhaps the Japanese, too. As a result, the Brits placed bamboo scaffolding over the Taj Mahal (photo above). According to some accounts, at one points the entire Taj was covered up...

29Mar3:50 pmEST

Stock Market Recap 03/29/17 {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...

29Mar3:49 pmEST

Does Anyone Even Know the Plot?

This market earns plenty of style points below the surface, be it the epic FIZZ short squeeze (seen below on the daily timeframe), or the legendary residence of major leaders like AMZN FB NFLX PCLN, among others. But now we want to see if the rally will broaden out to the plethora of charts which are setting up well, coiled after prior...

29Mar1:21 pmEST

A Real Setup for Fake News

Last Sunday evening, "60 Minutes" on CBS did a segment about the phrase du jour, "Fake News." Putting to one side the merits of that topic, it was interesting to see the CEO of The Trade Desk, Inc. make an appearance. Indeed, Jeff Green, the CEO of TTD, may have been the big winner of that segment, as CBS noted that TTD helps companies avoid...

29Mar10:45 amEST

Every Dog Has Its Day

The continued resurgence in the fast-casual dining/restaurant space is on display this morning, as Chipotle Mexican Grill follows-through higher up and away from its recent nemesis--The 200-day simply moving average. On the updated CMG daily chart, below, note after Chipotle's prior steep downtrend it went through a tedious churning process...

28Mar3:48 pmEST

Stock Market Recap 03/28/17 {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...

28Mar3:46 pmEST

Getting to Be That Time of Year for The King

Lest we forget, amid all of this talk of resurgent restaurants, about The King. Burger King, now trading under ticker symbol QSR, has quietly been sporting a steady, high quality chart. On the daily timeframe, below, any further strength makes this a long idea as The King threatens to break up and away from its coiled pattern into the warmer...

28Mar1:28 pmEST

Do You Like Apples?

Bulls are back in business today, it appears, as the Nasdaq clears last Friday's highs and shorts begin to feel uneasy. Moreover, marquee leaders like AAPL AMZN FB NFLX PCLN TSLA are threatening fresh breakouts from fairly tight daily chart consolidation patterns. How do you like them apples? With a few hours to go before the close, nothing is...

28Mar10:39 amEST

A Turnaround from Ramen to Ribeye

A few restaurant-related stocks have stood out of late, namely PNRA and even PLAY, which has earnings tonight. Overall, the sector is still spotty, with some disappointments like BBRG DAVE FRGI HABT IRG KONA NDLS RAVE SHAK. Nonetheless, we looked at some plays recently which may be steadily improving. High-end steakhouse DFRG is one such...

27Mar3:48 pmEST

Stock Market Recap 03/27/17 {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...