Positive Energy in a Sea of Negativity

08Nov3:31 pmEST

Square May Decide if it is Hip to Be Bear

Jack Dorsey's better half, Square, is set to report earnings tonight after the bell. Much like NVDA tomorrow night, SQ is a new market growth leader which has enjoyed a strong if not steep rally ahead of this earnings report. And if bears are to negate the upside reversal by the small caps off their 50-day moving average which we saw today,...

08Nov1:31 pmEST

Love Does Not Need to Be Perfect

Just as we do not want to linger too much the likes of SNAP's disaster earnings reaction today and instead focus on peers acting more constructively, namely FB TWTR, we also do want to lament some burger joints getting obliterated after their own reports of late, especially HABT RRGB. Although it may easy to extrapolate the HABT RRGB blow-ups...

08Nov10:40 amEST

Inspector Garmin: Go Gadget Go!

It has been more than ten years since the Garmin craze in the middle of last decade, when driving past cars at night and seeing the glow of a cool-looking Quest and then Nüvi was practically a status symbol. Since then, the navigation hardware has practically become a casualty of capitalism's creative destruction, with step-by-step voice...

07Nov3:53 pmEST

Stock Market Recap 11/07/17 {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...

07Nov3:51 pmEST

Here Comes the River Card for Zynga...

ZNGA is selling off today in front of earnings tonight, among a few other firms of note like SNAP COHR BEAT etc.. Zynga has seen an improved chart in a hot sector, and could easily be a buyout target. So, the dump today is interesting to say the least. I am looking to see if the names bounces back tonight to keep it on the radar. As for the...

07Nov1:31 pmEST

Let's Start a Cocoa Farm

In addition to the move in natural gas this week, another under-the-radar commodity is cocoa. The NIB, admittedly a thinly-traded ETN, still gives a pretty good idea of the resurgent strength in cocoa. On the monthly chart, below, the signs of a major bottom in place, beyond the plethora of articles around the world about the dearth of cocoa...

07Nov10:37 amEST

Who Blinks First?

Of all the major indices we regularly review for Members, the lone part of the market where bears could still make a colorable claim of something amiss of late has remained the small (and micro) cap stocks. We have repeatedly looked the remarkably compressed IWM daily chart, updated below, which is the actively-traded ETF for those Russell 2000...

06Nov3:51 pmEST

Stock Market Recap 11/06/17 {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...

06Nov3:11 pmEST

Cleveland-Cliffs: We're Contenders Now

Flying under-the-radar today would seem to be several materials plays snapping back amid the Dollar softening. Cleveland-Cliffs, below on the daily chart, is an excellent example of a "hammer" reversal candlestick from Halloween. The elements for this hammer are fulfilled, as we have 1) A prior, steep downdraft 2) A big move down, followed by...

06Nov10:45 amEST

Positive Energy in a Sea of Negativity

The oil services stocks, using the OIH ETF as a proxy, has been a glaring laggard during oil's recent resurgence. Titans like HAL NOV SLB, among others, have mostly sat out the rally and watched as large cap integrated plays like COP and exploration firms like COG surged. However, the longer the crude rally lasts the more likely it is that SLB...