Weekend Overview and Analysis 02/17/19 {Video}

25Feb10:49 amEST

Once Upon a Time in Biotech

The timing of the massive ONCE buyout this morning came at a rather interesting technical juncture for the XBI, ETF for small and middle market capitalization biotechnology issues. On the XBI monthly timeframe, below, note how the ETF was dealing with prior 2015 highs after dipping back under them late-last year. Indeed, this is a significant...

24Feb12:42 pmEST

Weekend Overview and Analysis 02/24/19 {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...

22Feb3:00 pmEST

Still Not Too Late for a Trip to Aspen

Aspen Technology, Inc., that is. With software names playing "hard to get" amid a week of stubbornly resisting price corrections in favor of mostly marking time sideways, such as with TWLO post-earnings, COUP NOW OKTA, etc., not to mention the likes of TTD sprinting higher, headed into next week we will watch for overlooked names in the...

21Feb11:00 amEST

A Surprising Twist

It would be mighty impressive, indeed, if bulls can continue to make progress in 2019 regarding the broad market upside without much help from the "FANG" names plus AAPL and NVDA. As we know, AAPL AMZN FB GOOGL NFLX NVDA have not been particularly prominent since the Christmas rally commenced. That said, NFLX has handled itself relatively well,...

20Feb5:02 pmEST

Stock Market Recap 02/20/19 {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...

20Feb3:50 pmEST

A Desert Mirage or the Real Deal?

It remains to be seen if bulls can sustain the current rotation into the industrial/materials/energy/commodities complex, not unlike what we saw for a long stretch of time in 2007/2008 before it all came crashing down due to the initial inflationary head-fake followed by the well-known deflationary crash. Many people seem to forget about that...

20Feb10:53 amEST

Rain is a Good Thing and So is Rotation

The XLB, sector ETF for a combination of chemical, materials, and especially ag-related plays, is often one of the more overlooked parts of the market, at least for the last few years. I can see why, of course, given the more enticing nature for other sectors and their appealing growth, particularly in tech. But at this stage in the cycle we...

19Feb3:28 pmEST

Batter Up for Blue Apron and Snap

Following-up on our discussions both on this website and for Members last week regarding Overstock and the short squeeze potential in that controversial name, we have two other candidate for explosive short squeezes. Both Blue Apron and Snap have been pummeled to no end over the last few quarters, with a growing consensus that both firms could...

19Feb10:47 amEST

Dog Days of Winter But Salad Days for Miners

The hot summer, and even the warmer days of autumn, seem like a distant memory at this point in the year, even as winter still has officially more than a month left on the calendar. Whether spring weather arrives on time this year remains to be seen, but what has arrived of late has been an impressive resurgence in the precious metals and their...

17Feb1:31 pmEST

Weekend Overview and Analysis 02/17/19 {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...