MarketChess

29May2:03 pmEST

Reminder: Long-Term Overhead Supply is Not a Myth

While renewed fears regarding Italy's debt and the general European concerns are back in the news, we ought not dismiss the technical predicament of the XLF, ETF for large cap financials.  Specifically, as we watch major banks like BAC C GS JPM MS WFC all get pounded with violent selling today after recent underperformance, you will note the...

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29May10:44 amEST

Consumer Stocks Winning at the Pump

Coming off a long, holiday weekend for the quintessential patriotic holiday, bulls sure would have preferred a better open for equities than this one. However, small cap stocks are green as are many individual names related to the consumer and retail complex. With oil finally correcting after a steep multi-week advance, the old Wall Street...

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28May5:06 pmEST

Weekend Overview and Analysis 05/28/18 {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...

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27May11:56 amEST

Sunday Matinée at Market Chess Cinemas

On this Memorial Day Weekend, the trio of George Clooney, Mark Wahlberg, and Ice Cube headline the cast of Three Kings (1999), a film worth a viewing over the holiday. The film centers around the Gulf War, and maintains a fast pace of action and thrilling adventure while intertwining well-place comedy, too.  via YouTube: Starring Emmy and...

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25May12:36 pmEST

Fusing Actionable and Educational Analysis of Chipotle 05/25/18 {Video}

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25May10:17 amEST

Updating an Old Game Plan

Despite crude oil gapping down hard, on top of a disappointing reversal lower int he futures overnight, bulls are giving the old dip-buying playbook a shot here as we head into the long, holiday weekend.  Typically, with Memorial Day being the epitome of a patriotic holiday, it is rare for markets to swoon into the long weekend. Most market...

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24May12:58 pmEST

Three Stocks Turning Around in a Major Way 05/24/18 {Video}

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24May10:37 amEST

Silver Has a Chance to Become Legendary

With various headlines about Trump and North Korea throwing cold water on what is typically a bullish drift into the long, Memorial Day holiday weekend, the Dow is off by more than 200 points as I write this. The pullback appears to be orderly, though if the S&P 500 Index loses 2,700 below it would be a rough way to head into the holiday for...

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23May5:02 pmEST

Stock Market Recap 05/23/18 {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...

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23May2:05 pmEST

Let it Come to You

Care.com has been one of several up-and-coming healthcare IT growth stories, in addition to the likes of TDOC TRHC VEEV, which seems like it is bound for continued strength in the coming quarters.  On the CRCM daily chart, updated below, as one of our Members noted today the stock has not made much net progress since last November. That may...

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