From the Hissing Booth to the Kissing Booth

13Dec3:43 pmEST

A More Linear Path

On the back of the Fed raising rates and also raising its growth outlook for the economy, precious metals and miners are turning in their first impressive session in quite some time. For a while now, the precious metals/miners have suffered in the face of equities marching higher, not to mention the crypto craze stealing their thunder. ...

13Dec10:40 amEST

Newfound Valor for Valeant

The broad market is drifting higher, once again, in front of a major FOMC event later today, essentially ignoring the initial selloff in the futures markets last night amid swirling political headlines. For the most part, we have a familiar group of sectors which seem to be benefitting from rotation, even as some growth monsters like ISRG have...

12Dec4:50 pmEST

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

12Dec10:40 amEST

Portland Food Carts Made of Local Steel

Schnitzer Steel Industries, Inc., the pride and joy of Portland, Oregon, is finally waking up a bit this morning as the steel sector in general has been tightening up for a potential new leg higher. Angling for domestic steels makes sense, what with the President's nationalist bent. Beyond that, plenty of materials-related names have quietly...

11Dec4:03 pmEST

Stock Market Recap 12/11/17 {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...

11Dec2:20 pmEST

A Hard Habit to Break

A good deal of the restaurant stocks have been lagging the bull market for a while now. Surely, bears must have taken solace in having a corner of the market in their favor, without much in the way of hope for an inflection point. However, we recently have seen technical improvement, complete with a vicious SHAK short squeeze higher, among...

11Dec10:52 amEST

General Winter May Turn Back Russia's Invaders

On the whole, emerging markets have dazzled in 2017. India and China have been "BRIC" leaders, without question. However, Russia has weathered a barrage of seemingly negative geopolitical headlines all year with grace. Indeed, Russians have become acclimated over generations to harsh conditions, namely when it comes to weather in winter. And...

09Dec11:25 amEST

Weekend Overview and Analysis 12/10/17 {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 mark Please click here for more...

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...