Stock Market Recap 01/30/17 {Video}

02Feb10:36 amEST

Gold and Silver Miners: Let's End the Suspense

Following a multi-quarter correction after an explosive rally which began a little over a year ago off a potentially major bear market bottom, gold and silver miners are threatening to emerge. For every encoring chart in the space, like PAAS below on the daily timeframe (a silver miner with earnings on February 14th), there are laggards like...

01Feb3:31 pmEST

Stock Market Recap 02/01/17 {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...

01Feb3:23 pmEST

Too Perfect for a Twin Winklevii Top

With a fairly muted reaction so far to The Fed, the focus shifts to Facebook earnings tonight (among others), and then Amazon tomorrow. Regarding FB, we are still talking about a bonafide market leader which has displayed remarkable resilience time and time again since its seminal moment in 2013 when the stock woke up from its post-IPO...

01Feb1:22 pmEST

Mixed Sentiment

Headed into the FOMC Announcement at the bottom of the hour, stocks and indeed many markets are mixed if not indecisive about how position for a few unknown risks. For starters, The Fed may adopt a more hawkish tone than markets anticipate at the moment, not to mention testing President Trump with some subtle swipes. What we know with a bit...

01Feb10:48 amEST

Life, Liberty, and the Pursuit of Diabetes

Regardless of where you fall on the political spectrum and, specifically, Starbucks CEO Howard Schulz's pledge to hire 10,000 refugees, the chart of the firm is clearly taking a turn for the worse after recent earnings. A less political and more common sense explanation may simply be one of brand maturity and stretched price points, where...

31Jan3:54 pmEST

Stock Market Recap 01/31/17 {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...

31Jan3:51 pmEST

Place Your Bets

Apple earnings coming up tonight will certainly give the feel of us officially being in the heart of earning season, not to mention being in the thick of a big week for macro. Small caps are outperforming for a change today, thanks in part to the smaller bios leading the charge. We are looking to see if those moves have legs and keep the bears...

31Jan1:39 pmEST

Walk the Kevin Plank

After a notably poor quarter, Under Armour's multi-quarter downtrend is stretching further to the downside in a hurry. We know UAA has been lagging for a good while now, making even the corrective Nike look glamorous by comparison. But today's 25% move lower likely represents an epiphany by the market that something is terribly wrong with the...

31Jan10:43 amEST

Surgical Precision

After flopping around in recent sessions, biotechnology issues are rallying nicely this morning in a red tape, flying in the face of some comments by President Trump which may have been more dovish (regarding this sector) than the market had anticipated. The XBI, ETF for small and mid-cap bios, below on the daily timeframe, illustrate the...

30Jan3:45 pmEST

Stock Market Recap 01/30/17 {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...