Stock Market Recap 12/28/16 {Video}

04Jan10:53 amEST

Clean Plays Off a Dirty Move in Tesla

The chart for Tesla Motors had been steadying improving since early-December. Last night, the firm announced it missed its fourth-quarter vehicle delivery target. Initially, the stock was lower, but not by much. This morning, any hint of weakness was promptly gobbled up by buyers, as the stock is higher by more than 3.5% as I write this. If...

03Jan3:46 pmEST

Stock Market Recap 01/03/17 {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...

03Jan3:38 pmEST

January Special Effects

The so-called "January Effect" was seen in a variety of stocks and sectors today, even as the broad market faded along with crude well off session highs. Some beaten-down names into the end of 2016, such as consumer titans NKE and UAA, are off to a good start in 2017. At the same time, the likes of TWLO just keep getting worse. So, before we...

03Jan12:59 pmEST

Winter Red Coming for Your Head

Crude oil's sharp downside reversal this morning looks to have correlated to the notable fade in equities, with the major indices still considerably off their morning highs. The VIX, however, is still in the red as I write this. Nonetheless, the crude oil reversal is worth monitoring for the sake of equities and how sensitive they seemed to be...

03Jan10:44 amEST

A Modern Way to Collect Payments

A gap up to begin the new year may very well give bulls a chance to salvage the traditional "Santa Rally" period, which spills over into tomorrow's session as well. Seasonal trends aside, a notable winner out of the gate this morning is PayPal, higher after receiving an upgrade earlier. PYPL is a name we have previously looked at for Members,...

01Jan2:45 pmEST

Sunday Matinée at Market Chess Cinemas

With the new year upon us, I am looking forward to the sequel to Trainspotting (1996), some twenty-plus years later after the original was released. The film stars Ewan McGregor, Ewen Bremner, Jonny Lee Miller. Since its release, Director Danny Boyle has enjoyed a wealth of fame. And it looks like the band is still intact for the sequel,...

30Dec9:40 amEST

Here's to Closing Out 2016 the Way We Will Approach 2017

Adopting and adhering to a positive mindset, while also vigilantly managing risk, is a tough combination to pull off in all forms of speculation. And when you factor in social media at the cross-section of finance, it is easy to get dragged down in the misery of others who let negativity get the best of them. After all, as they say, misery...

29Dec1:08 pmEST

Out on a Limb But Not Breaking

It has been quite a steep multi-month correction for precious metals and their derivative miners. In fact, the selling at times has been so unforgiving that it is understandable how many market players and pundits would abandon the hope for a new bull run which was so prevalent earlier this year. Nonetheless, the case for a new gold and silver...

29Dec10:53 amEST

Married to a Thesis, Within Reason

For a while now, we have been looking for the multi-decade bond bull to continue to show more signs of coming to an end. Recently, the price action has begun to confirm that thesis in a more pronounce way. Still, there is much more work to do; namely we need to see rates on the 10-year surge at least back over 3%. In the meantime, TLT became...

28Dec4:12 pmEST

Stock Market Recap 12/28/16 {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...