Battle on the High Seas

27Nov1:27 amEST

Saturday Night at Market Chess Cinemas

The Last Seduction (1994) is a film I still think more people should see. You truly do not want to miss the sexy, tough, and mischievous Linda Fiorentino in her classic performance as a monstrous femme fatale, along with the perfectly-cast Peter Berg and Bill Pullman. via imdb.com: A devious sexpot steals her husband’s drug money and hides...

25Nov10:35 amEST

Shop 'til You Drop on Low Volume

It is a beautiful day to eat some leftovers and throw down with strangers over discounted consumer items. Seeing as stocks stop trading at 1pm EST today, I am not expecting much from this low volume session for which many traders did not likely bother to show up. China name CTRP is gapping up hard on news of them acquiring Skyscanner Holdings....

24Nov9:49 amEST

The Myths Around the First Thanksgiving

BBC Documentary: The Myths Around the First Thanksgiving. If you have some time to burn before your guests come over and your food is ready to be devoured along with football, the following documentary makes for an intriguing viewing. Happy Thanksgiving from Market Chess. Enjoy the feast and...

23Nov1:25 pmEST

You're Doing It All Wrong: How to Brine Your Holiday Turkey

Before I head in to film my usual Midday Video for Members, I will permit an off-topic post because now is precisely when you want to begin the brining process for your holiday turkey. So, why even bother to brine a turkey to begin with? Well, in this Thanksgiving edition of Chowhound's "You're Doing It All Wrong" video series, the estimable...

23Nov10:53 amEST

These Truckers Not Afraid of Ice Roads

After a soft open, stocks look to be quietly headed into the FOMC Minutes later today, at 2pm EST. I suspect trading desks will become increasingly vacant throughout the session, on this most travelled day of the year on Thanksgiving eve. At the moment, small caps are back to green, defying gravity and the seemingly logical expectation of a...

22Nov4:34 pmEST

Stock Market Recap 11/22/16 {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...

22Nov1:31 pmEST

It's That Time of Year: Tom Brady and Uggs

Long-time readers will recall that the chart of Deckers back in 2011 served as a rare example of George Lindsay's, "Three Peaks and Domed House" chart pattern. We walked through DECK's top back then, as it confirmed lower for a vicious downtrend. And the name has since seen a sharp rally into late-2014 only to then correct sharply, once again. ...

22Nov10:58 amEST

Chicken Eating Its Spinach

Amid a mild sell-off in fast food play, Jack in the Box, this morning, it is worth noting that PLKI (owner of Popeyes chicken chains) remans as impressive as any chart in the sector. Wendy's has been a bonafide leader in the space for a while but is now too extended to initiate a long, while MCD SONC have been simply trying to stabilize after...

21Nov5:00 pmEST

Stock Market Recap 11/21/16 {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...

21Nov1:37 pmEST

Battle on the High Seas

I see that the tanker, TK, is finally moving today, in light of the shipping surge in recent weeks. As an offshoot to this general sector action, I would still keep an eye on Golar LNG, a name we have noted previously on this site and for Members. On the updated GLNG daily chart, below, Golar has held up fairly well after clearing...