The Mystery of Boxing Shorts

02Jul2:24 pmEST

Educational and Actionable Video

The following video was originally published on Saturday, June 13th, 2015, for members of the Market Chess Subscription Services . In the video, I flesh out the bond market, interest rates, rate-sensitive sectors in equities, and objective, viable scenarios relating bonds to stocks. I frequently publish focused videos designed to be both...

02Jul12:42 pmEST

A Touch of Red Into the Holiday

Small caps continue to lead lower today, as market plays do not seem to be in much of a patriotic mood regarding holding risk through the long, holiday weekend. While it may be tempting to look for a gap up on Monday as the (apparent) contrarian playing sentiment and because of how many times we have seen it during this bull run, I am not so...

02Jul10:31 amEST

Back to the Grill for July 4th

After covering up our PCLN short on Monday into the broad market sell-off, inside Market Chess Subscription Services , another entry may very well be setting up. On the updated daily timeframe for Priceline, below, note how the stock retraced or "checked-back" to the scene of its broken support trendline, the horizontal lower light blue...

01Jul5:02 pmEST

Stock Market Recap 07/01/15 {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...

01Jul2:56 pmEST

It Was Already in the Glass

Airlines are plunging virtually across the board this afternoon, apparently due to this news item about a DOJ investigation. Nonetheless, the fact remains that airline stocks have been sporting bearish chart for a good while, as they have been perennial short Watchlist ideas for members inside Market Chess Subscription Services for a...

01Jul12:27 pmEST

More Hope Than Evidence for Energy Bulls

Following-up on a series of blog posts about the energy sector, it still remains the case that energy bulls have far more hope for a major bottom than actual evidence of it. Beyond the nagging weakness in large integrated energy names like COP CVX XOM, even the big SLB in oil services, crude itself has fumbled many times when a potential...

01Jul10:22 amEST

A Summer Dip Versus Adult Swim

Although I am not particularly fond of performing complex technical analysis on the VIX or the VIX ETFs, a good rough guide for whether volatility has another leg higher coming imminently (in lieu of the usual pop-and-get-smashed pattern we have seen out of the VIX so many times over the last few years) is to gauge the 20-day moving average on...

30Jun4:53 pmEST

Stock Market Recap 06/30/15 {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...

30Jun2:47 pmEST

I Can HAS Toys?

With the extreme strength in toymaker JAKKS Pacific (JAKK) of late, Hasbro still merits attention on the long side if buyers defend the 20-day moving average. On the daily chart for HAS, below, after long basing period within the context of an uptrend, price attempted a breakout only to succumb to broad market pressures and retrace to the...

30Jun12:10 pmEST

The Mystery of Boxing Shorts

Stick and move, stick and move. That is pretty much how I am approaching the short side of this market here, as all of the major indices (save the transports) remain in established bull markets with rising 200-day moving averages. Case in point, as I noted on this website yesterday (on Stocktwits too), I covered up my PCLN short inside ...