Sunday Matinée at Market Chess Cinemas

23Jun4:53 pmEST

Stock Market Recap 06/23/15 {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...

23Jun1:40 pmEST

Galvanized Leadership

After lying dormant for quite some time in the spring months, marquee Nasdaq titans such as FB are trying to reassert themselves as market leaders. In addition, the likes of AMZN NFLX, which have been consolidating as impressively as any of the premier issues with institutional sponsorship. On the weekly AMZN chart, below, for example, note...

23Jun10:39 amEST

Playing the Summer Rotations

In recent sessions we have been lightening up on exposure to the healthcare and biotech sector into their respective moves higher, inside Market Chess Subscription Services . With that capital, we have been stalking plays in the resurgent regional banking sector. As rates rise, we have seen REITs and utilities get hit while regionals quietly...

23Jun10:04 amEST

Unclean Energy

Crude oil is gapping down again. And keying off the 30-minute chart for the USO ETF, below, we can see a descending triangle pattern developing, denoted by the light blue lines. This pattern indicates a series of lower highs against well-defined horizontal support. Typically, it builds up too much pressure against those lows before a breakdown...

22Jun4:53 pmEST

Stock Market Recap 06/22/15 {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...

22Jun2:48 pmEST

Hey, Tuco, How Are Correlations Running with Respect to Bonds?

When it comes to bonds and rates, correlations look to be running tight-tight-tight today, as TLT is down, meaning rates are higher. And, with that, we have REITs and utilities in the red while regional banks are rallying. SPG is the largest IYR component, worth watching for a potential rollover here within the context of an established...

22Jun12:32 pmEST

Paddling Upstream

The market continues to push higher, with select long ideas working rather well even if others are fairly lethargic. I scaled more of my CORT long into strength inside Market Chess Subscription Services from a $6.73 entry last week, and have other ideas on the radar for potentially similar moves. Meanwhile, AMBA is showing that momentum can...

22Jun10:01 amEST

A Bull in This CORT

CORT is a name we had been stalking both inside Market Chess Subscription Services and here on this site, too. The stock essentially is at the cross-section of some of the hottest parts of the market of late--biotechnology stocks and small caps. Furthermore, as you can see on the updated daily chart, below, the stock has been basing...

21Jun1:45 pmEST

Weekend Overview and Analysis 06/21/15

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...

21Jun10:01 amEST

Sunday Matinée at Market Chess Cinemas

On this Father’s Day, the great father/son tale told in Road to Perdition (2002) is worth a viewing (or a repeat viewing). My own father died in 2002, not long before this film was released. I often wonder if he would have liked it as much as I think he would have. I suppose I will always associate this film with Father's Day, then....