MarketChess

06Dec12:27 pmEST

The Perfect Setup

Admittedly talking my own book (with a stop-loss below $25), I view Scientific Games Corporation (SGMS) as being in the sweetest of sweet spots on several levels from a bullish perspective.  The Las Vegas-based SGMS provides gambling products and services to lottery and gambling organizations across the globe. Even more intriguing is the sports...

Read More

05Dec2:54 pmEST

Steel is Back 12/05/19 {Video}

Read More

04Dec5:58 pmEST

Stock Market Recap 12/04/19 {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...

Read More

03Dec11:31 amEST

Putting the Hype in Hyperbole

Despite some more impressive dealmaking in the biotechnology sector, this time with BOLD up more than 100% as I write this after Japanese drugmaker Astellas Pharma bought the company for around $3 billion, the broad market remains in pullback mode as trade war headlines reemerge.  Clearly, the lingering threat of new tariffs used as a...

Read More

02Dec3:39 pmEST

It's OK to Be a Turncoat in the Market

Years ago after Tesla's jaw-dropping rally well into early-2014 I remember that I garnered quite a bit of internet support from noted TSLA and Elon Musk bears who would have loved nothing more than to see the stock, CEO, and company burn to the ground. At the time, I simply saw a chart so extended that the likely outcome was either sideways or...

Read More

01Dec7:40 pmEST

Weekend Overview and Analysis 12/01/19 {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...

Read More

28Nov5:04 pmEST

Thanksgiving Night at Market Chess Cinemas

It has been a while since we have discussed recommended films and television series. Frankly, I am a tough critic when it comes to what I enjoy watching. Mind you, I am open to various genres and do not thumb my nose at comedy or any kind of fantasy. But it must be entertaining and not rely on tired formulas or regurgitated comic book...

Read More

27Nov1:36 pmEST

Black Friday and Holiday Season Retail Preview 11/27/19 {Video}

Read More

26Nov11:45 amEST

Purple People Eaters Line Up for Black Friday

Purple Innovation Inc. (PRPL) is a small cap, low-priced, and fairly thinly-traded retail stock. But that's just it--Small caps and retail stocks are suddenly back en vogue as we head towards the quasi national holiday known as "Black Friday" for the post-food coma shopping bonanza. Purple is an interesting firm, claiming to have the "best...

Read More

25Nov2:52 pmEST

A Thanksgiving Side Dish No More

(Most popular Thanksgiving side dishes by state, according to Google Trends) No longer an afterthought for this market, or worse yet an impediment for the bull case, the small cap issues housed in the Russell 2000 Index are making an emphatic move today to kick off the holiday week.  On the zoomed-out IWM (ETF for the Russell) daily chart,...

Read More