Sunset Boulevard for Twitter

17Jun12:33 pmEST

Different Methods of Transportation

It is well-known by now that the transportation sector has been rather weak, on a relative and absolute basis. Adding credence to that notion has been the exceptional strength in FDX, by far the largest component in the IYT, transport sector ETF. Although that may seem contradictory, as the strength in FDX should be a bullish factor, it merely...

17Jun10:28 amEST

Bridge to Japan

I suppose all of the talk in recent years about the U.S. becoming Japan, in terms of "permanently" low interested rates and "zombie banks," may come to a head this afternoon, as we learn just how serious the Fed is about raising rates anytime this decade. Treasuries have had a lackluster spring, using the TLT daily chart, below, as a proxy. We...

16Jun4:52 pmEST

Stock Market Recap 06/16/15 {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...

16Jun1:37 pmEST

Sidearms in Focus

With earnings coming up this Thursday, I sold most of my SWHC long into strength this morning, inside Market Chess Subscription Services . That said, with the bankruptcy of Colt Defense earlier this week, RGR may be ripe to take market share, as well. Earnings are not until August for Sturm Ruger. And gauging the daily chart, below, we can...

16Jun12:06 pmEST

A Sneak Preview of the Next Twitter Shareholder Meeting

16Jun10:07 amEST

A Few Ideas Brewing This Morning

As the Fed Meeting begins today, we have the market flipping back and forth between red and green, still with no clear directional break. In the meantime, within biotechs we have huge gaps higher, like AERI, and monstrous gaps down, like AAVI, reinforcing the risk associated with playing that sector even in a ferocious bull run. Elsewhere,...

15Jun4:50 pmEST

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

15Jun2:41 pmEST

Mission: Look Down the Cyber Line

As per my weekend video about the HACK, cybersecurity ETF, as we look down the line beyond the likes of CYBR FEYE, we can see a name like Splunk, below, setting up to potentially follow the leaders higher. If SPLK can clear $71 with authority I expect it to be an impressive breakout along the lines of what we have seen in ZIXI, among plenty...

15Jun12:22 pmEST

The Dark Corner of the Complex

Major gold miners, such as NEM, are reversing sharply to green today. After a steep downdraft since mid-May, the precious metals and miners appear to be looking to bounce into the FOMC later this week. Of course, silver has been the weakest link the space for a while now, the proverbial dark corner of what has been a volatile, trendless move...

15Jun10:25 amEST

Sunset Boulevard for Twitter

With TWTR's stock unable to muster a weekly close over $36 on the back of a much-ballyhooed CEO change, a trip back down to the May 2014 $29.50 lows is now within shot. In reality, Twitter is still a viable buyout target and has intriguing prospects from a long-term perspective. But the shorter-term kinks still need to be worked out, and that...