Who's Guarding the Market's Henhouse?

22May11:00 amEST

Swimming in Circles

Fish are typically seen swimming in circles when the school wants to stay put--A common response of schools attacked by predators is the formation of a circle. With respect to the current market, you might argue that the persistent trade war headlines combined with various glaring weak spots, namely the semis (with QCOM the concern du jour),...

21May5:17 pmEST

Stock Market Recap 05/21/19 {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...

21May11:09 amEST

Ready to Attack

With bulls making another stand this morning and threatening to see this small cap-led rally sustain higher into Memorial Day, I went long Pareteum Corporation for a swing trade inside Market Chess Subscription Services. TEUM is a name we traded a while back. And I continue to view this one as a "sleeper" small cap winner with less than a $1...

20May5:15 pmEST

Stock Market Recap 05/20/19 {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...

20May10:42 amEST

You Might Want to Start Believing in Fate

Fate Therapeutics Inc., a La Jolla-based cancer and immunotherapy small cap biotechnology stock, is a pretty textbook example of a "good house in a bad neighborhood" setup in the market. Specifically, biotechs as a group have been floundering, with the XBI (ETF for small cap bios) weakening further this morning below its 200-day moving...

19May11:44 amEST

Sunday Matinée at Market Chess Cinemas

Directed by the great John Ford (based on the 1954 novel by Alan Le May of the same name), set during the Texas–Indian wars, and starring John Wayne as a middle-aged Civil War veteran who spends years looking for his abducted niece (Natalie Wood), The Searchers (1956) is a classic John Wayne picture. This is a slice of Americana if there ever...

17May11:06 amEST

Plenty of Flavors Besides Salty

It is easy to become salty about this market. After all, bears had a good setup to bring us down hard in recent weeks--A steep rally since Christmas which was met with swirling trade war headlines and lingering Fed uncertainty, not to mention mixed economic data. However, those pesky software stocks have refused to let bulls lose their grip on...

16May10:59 amEST

Bring Me Everyone

Growth stocks are partying hard this morning, as some broad market pressures seem to be slightly alleviated and the relative strength issues mostly in software are celebrating jubilantly, including the likes of COUP MDB TWLO, just to name a few. Biotechs are also perky on the back of some strong IOVA data and that stock jumping 34% as I write...

15May3:17 pmEST

It Takes Two Insulin Pumps for Tandem Diabetes to Tango

For obvious reasons, we have mostly focused on the strength in the software complex. However, there are some noteworthy standouts in the healthcare space, too, which merit attention should bulls pull themselves out of the recent news-driven bout of volatility. San Diego-based Tandem Diabetes Care (TNDM) is a textbook example of said relative...

15May10:44 amEST

Who's Guarding the Market's Henhouse?

Despite pre-market weakness from equities on the back of soft retail sales, further advancing the notion that we remains in a headline-sensitive market (virtually all headline, beyond just the trade war with China), bears must come to terms with the persistent relative strength in technology stocks, namely the software issues. As a result, the...