Snap Crackle Pop Into the Gap

09Dec11:24 amEST

Saturday Night at Market Chess Cinemas

Dances with Wolves (1990) is Kevin Costner's career masterpiece, the epitome of a great western epic. The film is complete with a legendary score and soundtrack, cinematography, and even an interesting back story: Michael Blake , who had been washing dishes in a Chinese restaurant when an old friend, Kevin Costner , asked him to adapt...

08Dec3:01 pmEST

From the Hissing Booth to the Kissing Booth

Garmin has, rather quietly might I add, been acting terrifically from a technical standpoint for a while now. As we have noted before, it is fairly easy to dismiss GRMN as being a relic of last decade which became obsolete given technological advances. However, the company reinvented itself in a way, and firms like HOG can surely take a hint...

08Dec9:27 amEST

How Bitcoin Works

Courtesy of @ipfconline1 on Twitter, here is an interesting infographic trying to make sense of the Bitcoin process.

07Dec3:58 pmEST

Stock Market Recap 12/07/17 {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...

07Dec10:53 amEST

Guess Where Else You Will See Shoppers Wearing Lululemon?

On the back (no pun intended) of LULU surging after earnings this morning, one cannot help but conjure up images such as the one above, with LULU practically the team uniform for plenty of Whole Foods' shoppers in suburbia. Indeed, much as correctly been made of the Jeff Bezos/AMZN and Whole Foods' synergies after the buyout earlier this year....

06Dec7:02 pmEST

Stock Market Recap 12/06/17 {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...

06Dec1:12 pmEST

If You Can't Take a Small Loss, Sooner or Later You Will Take the Mother of All Losses

It is a fairly slow market session, with tech fighting to maintain a reasonably shallow pullback in lieu of a deeper correction. Therefore, we should take a moment to revisit a core concept of trading, one that is indeed applicable to virtually all firms of speculation. And that concept was well stated by the famous trading author Ed Seykota,...

06Dec10:24 amEST

Nucor Gets to the Core

Based in Charlotte, Nucor Corporation is is the largest steel producer in the U.S.. We know that materials, including steels, have been threatening to emerge from multi-month, sideways consolidations as a group of late. But they have suffered plenty of false starts along the way and have yet to confirm fresh breakouts. Thus, NUE is one of...

05Dec3:22 pmEST

Stock Market Recap 12/05/17 {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...

05Dec3:14 pmEST

Snap Crackle Pop Into the Gap

On the back of a nice upgrade this morning, Snapchat (SNAP) is defying the broad market fade this afternoon with an impressive pop, seemingly long overdue for one of the more disappointing social IPOs this year. On the zoomed-out 30-minute chart, below, for SNAP, the precise gap-fill level above was $15.04. That gap has now been filled, and...