Sunday Matinée at Market Chess Cinemas

08Mar5:00 pmEST

Stock Market Recap 03/08/16 {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...

08Mar3:28 pmEST

JetBlue Reaching a Tipping Point

Some of the seemingly invincible airlines, such as JBLU, may finally be hitting that tipping point. On the weekly JBLU chart, below, all of the rallies and swoons in recent quarters looks to have been part and parcel of a massive top, of the head and shoulders variety. I will discuss this further, with specific price levels, in the recap...

08Mar12:41 pmEST

Now We Find Out if the Paper Tigers Are for Real

The price action in the precious metals miners in recent sessions, while resilient, smacks of a market experiencing some short-term shakeouts to keep latecomer momentum chasers honest. We sold miners into the rally on Friday, and are now looking for a lower risk reentry, provided that the paper tigers of yesteryear do not reappear in the...

08Mar10:50 amEST

Other Side of the Boat

The action this morning in the market is nearly opposite what we saw yesterday with biotech, miners, and small caps all leading to the downside while FANG an the likes of NKE show relative strength. This type of rotation may be a function of money simply being shuffled around looking to make something happen, instead of flowing with a more...

07Mar5:15 pmEST

Stock Market Recap 03/07/16 {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...

07Mar3:23 pmEST

Remember Me? Benny Blanco from Japan

Despite the rally in crude oil, small caps, and biotechs today, we know the Nasdaq is having issues. Beyond that, it is tough to see a full-blown "risk on" market when the VIX and the Japanese Yen are flashing green as I write this. Speaking of which, the Yen has been lurking in the corner all session, ignoring the crude and small cap...

07Mar1:02 pmEST

Starbucks in Italy: Giovanni's Doppio is Still Waiting on the Counter

Over the last several years, the "americanizazione" of Italy, becoming more and more Americanized, has been rather apparent. With the recent news of Starbucks open their first stores in Italy, the issue is whether this type of news officially jumps the shark, representing a line which most Italians simply will not cross. Specifically, Italian...

07Mar10:58 amEST

A Few Casual Pickups at the Health Markets

We have a mixed bag this morning, with weakness in financials the tech battling it out against small cap and more materials strength. If this action keeps up, we may very well see a rangebound market where both carefully crafted longs and shorts can work. With this in mind, we know the organic health food stores have had a rough couple of...

06Mar4:22 pmEST

Weekend Overview and Analysis 03/06/16 {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...

06Mar12:46 pmEST

Sunday Matinée at Market Chess Cinemas

A bit of a sleeper from the 1990s is Above the Rim (1994), starring Duane Martin, the late-Tupac Shakur, the late-Bernie Mac, Marlon Waylans, and the always underrated Leon. The late Jeff Pollack, who was co-creator, writer, and producer of the 1990's Will Smith NBC TV sitcom "The Fresh Prince of Bel Air," also wrote and directed this film. ...