Batter Up for Blue Apron and Snap

26Feb10:52 amEST

A Quick Drink

After several nearly two months of suffering from dehydration, bears enjoyed a quick drink of water this morning in the form of a weak futures session overnight somewhat spilling over into the opening bell. But even with mega cap firms like CAT and HD gapping lower, the market seems to be reverting to what it has done since Christmas--Quickly...

25Feb4:12 pmEST

Stock Market Recap 02/25/19 {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...

25Feb10:49 amEST

Once Upon a Time in Biotech

The timing of the massive ONCE buyout this morning came at a rather interesting technical juncture for the XBI, ETF for small and middle market capitalization biotechnology issues. On the XBI monthly timeframe, below, note how the ETF was dealing with prior 2015 highs after dipping back under them late-last year. Indeed, this is a significant...

24Feb12:42 pmEST

Weekend Overview and Analysis 02/24/19 {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...

22Feb3:00 pmEST

Still Not Too Late for a Trip to Aspen

Aspen Technology, Inc., that is. With software names playing "hard to get" amid a week of stubbornly resisting price corrections in favor of mostly marking time sideways, such as with TWLO post-earnings, COUP NOW OKTA, etc., not to mention the likes of TTD sprinting higher, headed into next week we will watch for overlooked names in the...

21Feb11:00 amEST

A Surprising Twist

It would be mighty impressive, indeed, if bulls can continue to make progress in 2019 regarding the broad market upside without much help from the "FANG" names plus AAPL and NVDA. As we know, AAPL AMZN FB GOOGL NFLX NVDA have not been particularly prominent since the Christmas rally commenced. That said, NFLX has handled itself relatively well,...

20Feb5:02 pmEST

Stock Market Recap 02/20/19 {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...

20Feb3:50 pmEST

A Desert Mirage or the Real Deal?

It remains to be seen if bulls can sustain the current rotation into the industrial/materials/energy/commodities complex, not unlike what we saw for a long stretch of time in 2007/2008 before it all came crashing down due to the initial inflationary head-fake followed by the well-known deflationary crash. Many people seem to forget about that...

20Feb10:53 amEST

Rain is a Good Thing and So is Rotation

The XLB, sector ETF for a combination of chemical, materials, and especially ag-related plays, is often one of the more overlooked parts of the market, at least for the last few years. I can see why, of course, given the more enticing nature for other sectors and their appealing growth, particularly in tech. But at this stage in the cycle we...

19Feb3:28 pmEST

Batter Up for Blue Apron and Snap

Following-up on our discussions both on this website and for Members last week regarding Overstock and the short squeeze potential in that controversial name, we have two other candidate for explosive short squeezes. Both Blue Apron and Snap have been pummeled to no end over the last few quarters, with a growing consensus that both firms could...