Stock Market Recap 07/28/16 {Video}

01Aug4:42 pmEST

Stock Market Recap 08/01/16 {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...

01Aug3:48 pmEST

A Little Too Much Attitude at Disney

Earnings are next week for Disney, and judging by the updated weekly chart, below, they will need a strong bounce-back quarter to reassert themselves as a market leader. Along with NKE and SBUX, DIS has been lackluster of late, at best, seemingly replaced by faster growing and more exciting medical device and software plays as leaders. Of...

01Aug12:49 pmEST

Operation Zika is No Game

Zika Virus is starting to hit home now even more, as the Drudgereport, for example, features the recent Florida news of ten new Zika cases in Miami. QGEN is the main diagnostics play for Zika, as the chart recently staged a surging breakout from a base bottom. Let's watch this one back over $27. INO and XON are two biotechs with exposure to...

01Aug10:50 amEST

From the Little Red Book to the Shiny Black Car

News of Uber to merge its China business with the local Didi in a $35 billion deal hit the wires this morning, driving home issues for the economy, markets, and the looming general election of both the global, interconnected nature of world economy we live in now, along with hints of protectionism and nationalism, to boot. On that note, it is...

31Jul2:28 pmEST

Weekend Overview and Analysis 07/31/16 {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...

30Jul3:24 pmEST

Saturday Night at Market Chess Cinemas

Starring Kenneth Branagh (in total "auteur" mode as lead and director), as well as Emma Thompson, Andy Garcia, Campbell Scott, even a minor role for Robin Williams, Dead Again (1991) is certainly worthy of a viewing. The film takes risks, as Branagh is known to do, but succeeds with its convicting and talented cast. via imdb.com Mike...

29Jul3:40 pmEST

After That, I Knew it Was Gonna Be a Long Summer

A great battle is playing out which could leave equities, as usual, the last to know. Other asset classes and markets, such as the Japanese Yen, are signaling "risk off," and the persistent strength in gold is not really what equity bulls want to see. By now, we all know that long-running negative divergences being ignored has been one of the...

29Jul1:15 pmEST

You Have to Be Ruthless

This morning's GDP report arguably hinted at some early signs of dreaded "stagflation" in the U.S. economy, which of course conjures up images of the wage-price spiral from the 1970s. Each cycle is a bit different, however, and wages spiking is not yet a concern here. Instead, this time around the issue is whether the price action in some...

29Jul10:40 amEST

Attack the Attackers

One of the more fascinating aspects about "earnings season" is observing and tracking the stocks which sell-off sharply after their earnings reports, only to then quickly recover as though the dive had never occurred in the first place. Of course, the context of the given chart and overall market action is important. But in this case we have...

28Jul4:43 pmEST

Stock Market Recap 07/28/16 {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...