The Three-Headed Monster Can Be a Powerful Force

08Jul1:12 pmEST

Betting Top Two Pair

Regarding equities traded in America, both JOY and TCK are a pair of the top components in the KOL ETF. Most people regard KOL as the exclusive "coal" sector ETF, but the holdings are actually much more diverse. And when we consider the JOY and TCK charts, this top two pair has undertaken a great task in healing multi-year downtrends, steady...

08Jul10:55 amEST

These Stocks Can Take a Punch

The same may very well be said for the market at-large, but when we look below the surface for fresh money long ideas into this morning's gap higher it is worth focusing on individual issues which can roaring back from the Brexit shock two weeks ago. Software and communications are at the very top of my list of setups here, plenty of which...

07Jul4:28 pmEST

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

07Jul3:28 pmEST

A De Facto Earnings Announcement

Headed into the jobs report tomorrow morning, it may as well be an earnings announcement for the likes of the U.S. Dollar, Treasuries, gold, possibly even crude leaning down against the key $10.80 prior breakout level on the USO ETF. Indeed, we should expect an elevated risk of sizable gaps either way in those aforementioned asset classes,...

07Jul12:54 pmEST

Would the Last Bull in the Solar Sector Please Turn the Panels Off?

First Solar, often considered to be the best or safest solar name in the sector, is down nearly 10% today after a downgrade. The stock, as you can see below on the daily chart, has already been in a strong downtrend since March, and today's price action simply reinforces it. Solar continue to be the one sector we have abhorred for Members for...

07Jul10:30 amEST

Searching for the Next White Wave to Ride

WWAV has been a core long-term investing idea (mostly as a buyout target) for the VIP component of Market Chess Subscription Services for a good portion of 2016, as we tracked the stock's pullback beginning last summer and culminating in February of this year. The stock had then taken the necessary steps to improve technically. The allure...

06Jul4:44 pmEST

Stock Market Recap 07/06/16 {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...

06Jul3:33 pmEST

I Want to Talk to You About What a Team Means

TEAM is an easy-to-remember ticker symbol. And it is also happens to be in the hot software space in tech. We have profiled this space for a good while now for Members, as many of the sound plays survived and even thrived the volatility around the globe very well. Another name like EBIX is still basing along well, while a few like BSFT CSOD ZEN...

06Jul1:14 pmEST

Oil is Listed as Day to Day, But, Then Again, Aren't We All?

Due to the holiday-shortened week crude oil inventory will be released tomorrow morning in lieu of the usual Wednesday release. On the topic of crude, energy stocks housed in the XLE ETF have experienced a good deal of whipsaw in recent months, since late-April really. During those times of frustrating trend-less action, it is important to not...

06Jul10:39 amEST

The Three-Headed Monster Can Be a Powerful Force

Despite an early dip-buying attempt off the open, stocks are back down to around the morning lows as I write this. On the SPY, ETF for the S&P 500 Index, the $208 level figured to be quite the battleground, serving as initial resistance into the opening bounce attempt after previously acting as support. But, beyond that, the persistent...