Stock Market Recap 04/14/16 {Video}

18Apr5:10 pmEST

Stock Market Recap 04/18/16 {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...

18Apr3:46 pmEST

A Setup in Oil Which Would Make J.R. Ewing Proud

The news flow out of Doha yesterday and reaction today was rather interesting, on many levels, regarding the energy stocks in particular. Going forward, a good tell, beyond SLB XOM, will be if names like PAA can confirm possible major bottoms in progress. More in my full video market recap after the bell for Members and the brief one here. ...

18Apr1:02 pmEST

It Ain't About Blockbuster Anymore

Over the last few years, Netflix has unquestionably been a dominant force, obliterating Blockbuster, for example. Beyond that, its original programming and international growth have impressed. And, to be sure, the many skeptics who shorted the name all the way up since 2014, if not back from 2012, have been forced to eat heavy doses of humble...

18Apr10:50 amEST

Sending Energy Bears Up the Tree

Despite a massive downside gap in crude oil futures last evening off the inability for a deal to materialize in Doha over the weekend, USO is down just under 3% and coming to terms with the $10 level on that ETF which has been significant previously. Moreover, and perhaps even more concerning to energy bears, the energy stocks are flashing...

17Apr4:22 pmEST

Weekend Overview and Analysis 04/17/16 {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...

17Apr12:44 pmEST

Sunday Matinée at Market Chess Cinemas

Devil in a Blue Dress (1995) combines one of my favorite writers, directors, film genres all together for an enjoyable viewing. The genre is technically a neo-film noir, stylish and sharp and harkening back to Hollywood yesteryear, directed by Carl Franklin (of One False Move fame). The film is based on Walter Mosley's novel of the same name...

15Apr2:29 pmEST

You Always Wait Three Days to Call, Baby

On a slow market day, the temptation may be to rush in and stick in a bid for some type "knife catch" and a fast-moving upside play. However, just as we noted a few months back with the post-earnings disasters that were DATA and LNKD, when stocks see shocking disequilibriums like these, it typically is best to wait three sessions for the...

15Apr1:04 pmEST

No More Shines, Billy

Bats Global Markets, presumably no relation to Billy Batts, went public today as the biggest U.S.-based IPO so far this year. On a fairly slow day in the tape, this one over $23 this afternoon may work for a scalp long. Elsewhere, we do have some short squeezes working in the likes of FIT. But plenty of others are fading, like GPRO. Also note...

15Apr10:46 amEST

Why're You Tryna to Get Crazy with Inflation, SID? Don't You Know the Central Bankers Are Loco?

I will let the macroeconomic experts and Fed-heads deal with the "why," but the steels and precious miners are tightening up quickly on this pullback. After some shaking and baking yesterday, silver miners, for example, are firm and possibly bull-flagging for yet another push higher next week. Note how the silver metal has given back next to...

14Apr4:52 pmEST

Stock Market Recap 04/14/16 {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...