The Summer of Laffy Taffy Tariffs

16Jul10:43 amEST

Dominos: My Pizza Never Hurt Nobody

Papa John's International, Inc. (PZZA) is, ironically, in the same category as Starbucks from a technical perspective, combined with a major change in leadership amid controversial headlines. Speaking pure of the price action, PZZA and SBUX look like candidates to buy some puts looking out to the autumn months perhaps to hedge against...

15Jul3:11 pmEST

Weekend Overview and Analysis 07/15/18 {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...

15Jul12:30 pmEST

Sunday Matinée at Market Chess Cinemas

Although I wrote a negative review for Three Billboards Outside Ebbing, Missouri (2017) earlier this year, a much better film which the acclaimed writer/director Martin McDonagh was involved with was In Bruges (2008), which is currently available on Netflix. The film is the epitome of what a dark comedy should be, and stars Colin Farrell...

13Jul10:56 amEST

May I Interest You in Today's Rotation du Jour?

In the face of some steep selloffs from retail plays BKE and ZUMZ yesterday, quite a few XRT sector names notably lagged yesterday's broad market. However, consistent with how this market has traded underneath the surface of late, this morning we saw tech immediately faded off the open (though bouncing back as we speak) and retail regain its...

12Jul5:13 pmEST

Stock Market Recap 07/12/18 {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...

12Jul1:30 pmEST

It's Not That Easy Being Greenbrier

Without question, plenty of tech and medical tech plays are front and center as part of today's market leadership. More than quite a few of those names are attempting to emerge from tight, multi-week base consolidations to set in motion fresh legs higher this summer. Indeed, we will cover those names coming up in my usual Midday Video for...

12Jul11:02 amEST

Catching the Rotations Just Right

Another day, another rotation. The theme of this morning's rally seems to be the plethora of software stocks as well as medical technology names attempting to compensate for the abrupt energy weakness the last two sessions. Enterprise software names like NEWR and cybersecurity standouts like PANW jump off the screens, while medical tech...

11Jul5:34 pmEST

Stock Market Recap 07/11/18 {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...

11Jul2:00 pmEST

Who's the King?

Despite the emergence of Redfin (RDFN), there can be little doubt that Zillow remains the real estate king of online listings, especially after the Zillow/Trulia merger a few years back. Furthermore, even as homebuilders have suffered through a steep correction and subsequent dead money period into the summer, the far, Zillow has remain...

11Jul10:47 amEST

The Summer of Laffy Taffy Tariffs

The Wall Street Journal notes this morning that, "China doesn’t import enough from the U.S. to match the new $200 billion tariffs—so Beijing is reviewing plans to hit back in other ways." On the back of President Trump's new tariffs, U.S. stock index futures had a rough overnight session. As we speak this morning, however, many individual...