Stock Market Recap 04/05/17 {Video}

10Apr10:37 amEST

Uranium Tries to Break the Wedge of War

Nothing quite like waging some war in order for uranium stocks to break their "wedge of war," highlighted below on the ETF's daily timeframe. With global tensions rising, now would seem to be the proper time for uranium stocks to wake up from a multi-month nap. Before that nap, uranium stocks were off to a hot start in 2017, but apparently...

08Apr9:22 pmEST

Weekend Overview and Analysis 04/09/17 {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...

08Apr9:21 pmEST

Saturday Night at Market Chess Cinemas

Searching for Bobby Fischer (1993) is certainly one of those films which seems to have stood the test of time, as poignant now as it was in the early-1990s, chronicling all of the unintended issues encountered when a father learns that his prepubescent son is a chess prodigy. Having played tournament chess myself and been a nationally-ranked...

07Apr12:48 pmEST

The Last Good Hustle

In light of some buzz earlier this year about Warren Buffett and Charlie Munger at Berkshire Hathaway singing a much more bullish tune on the airline sector than at any other time in their (extensive) lives, one cannot help but speculate on which airlines may be most ripe for a Berkshire buyout. Much like "Fast Eddie" Felson in The Color...

07Apr10:52 amEST

The Best of War and More: Spill the Futures, Dig That Girl

Fireworks in the futures markets last evening has apparently not added up to much today, as the U.S. airstrikes in Syria coupled with a dismal jobs number this morning still saw dip-buyers stepping in to try to stabilize the major averages. As I write this, all major averages are slightly green, with obvious war-related plays like RTN dealing...

06Apr3:50 pmEST

Stock Market Recap 04/06/17 {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...

06Apr3:48 pmEST

The Scenic View of Advanced Micro Devices

Much like our recent analysis of big-time chip winner, NVDA, Advanced Micro Devices (below, on the monthly timeframe), may be ripe to at least pause if not correct in the near-term. On the multi-year look, note the name rallied impressively over the last fourteen months or so. However, the $15 level has been a tough one for AMD, dating back to...

06Apr1:33 pmEST

Drugs Are Bad, M'kay

On the back of Chilean ag SQM, which also is a lithium play, surging today, other niche chemical ag firms are in focus on the long side. Scotts Miracle-Gro, once seen as innocent as a G-rated Disney movie in terms of consumer products, seems to be acting out an episode of Weeds with its branching out to pot growers . Of course, an article...

06Apr10:42 amEST

Early Stick Saves Keep Bears at Bay

After some initial back-and-forth off the opening bell, a broad market bounce is taking shape in a bit more pronounced manner as I write this. Bears will argue that after yesterday afternoon's violent downside reversal, an early bounce this morning will merely set up some more late-day weakness. However, we know the trials and tribulations the...

05Apr3:59 pmEST

Stock Market Recap 04/05/17 {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...