Saturday Night at Market Chess Cinemas

07Mar3:52 pmEST

Stock Market Recap 03/07/17 {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...

07Mar3:51 pmEST

Elders React to Snapchat

Into the bell on a slow Tuesday, here is a bit of a primer for those who are Snap-challenged, as the recent-IPO gets clubbed again today. See you after the bell for my recap.

07Mar1:45 pmEST

Watching FANG, and FANG, Closely

We have another slow trading day of consolidation on the major averages playing out, with a bit of a lull perhaps before a jobs number on Friday morning and another big FOMC next week. As long as the indices remain shallow in their consolidations, it is instructive to keep a close eye on the "FANG" leaders in the Nasdaq, an acronym for FB AMZN...

07Mar10:48 amEST

Homey Action in This Sector

The homebuilders are back at it again this morning, thanks to a spike higher in LGIH after earnings. LGIH was actually one of the worst charts in the sector headed into today. But a 17% gap higher sure does ease the pain for longs. Regarding the premier homies, DHI is still one of the leaders which continues to act well. On the updated daily...

06Mar3:58 pmEST

Stock Market Recap 03/06/17 {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...

06Mar3:54 pmEST

Still King of the Castle

Bulls mounted another afternoon rally off morning lows for a respectable close today. Despite the small cap weakness, leaders like AMZN FB (below on the daily, and green at fresh highs) GOOGL NFLX remain constructive technically. Until that changes, it is likely going to be tough sledding for bears to inflict serious damage on the tape, even...

06Mar1:48 pmEST

Don't Hate the Vendor; Hate the Payment Game

We have another pretty slow, consolidating day of action on our hands in the market, with the GRPO, gold miner, and SNAP weakness occupying the attention of many trader. Bulls seem to be defending 2370 on the S&P 500 Index for now. So, we will see if that continues into the heart of the afternoon. As for fresh long ideas, Jack Dorsey's...

06Mar10:37 amEST

Taking Notice of These Moves

The broad market is still giving the look and feel of consolidating recent gains, as the indices pull in to kick off the week. Case in point: The small cap stocks in the Russell 2000 Index gapped below the $138 level on the IWM ETF, a sign in and of itself of a consolidating market with upside momentum on the shelf for now. Moreover, the weak...

04Mar1:36 pmEST

Weekend Overview and Analysis 03/05/17 {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...

04Mar1:34 pmEST

Saturday Night at Market Chess Cinemas

Not only did we recently celebrate the thirty-seventh anniversary of the famous "Miracle on Ice," when Team USA hockey defeated the Russians at the height of the Cold War in arguably the greatest upset in sports of all-time, but the NHL playoffs will be here before you know it this spring. As a result, the great comedy Slap Shot (1977) is...