Saturday Night at Market Chess Cinemas

30Aug3:38 pmEST

Stock Market Recap 08/30/16 {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...

30Aug3:37 pmEST

Gold and the Miners: Be Like Archie Moore

The great and overlooked boxer Archie Moore's nickname, "The Old Mongoose," perfectly alluded to his legendary ability as a counter puncher. With this in mind, given the recent bouts of weakness in gold and miners, we are going to approach them into the end of summer much like Moore would: As astute counter-punchers in lieu of coming out...

30Aug12:59 pmEST

Representing Evansville, Indiana

The rotation into financials is showing signs of follow-through today, which is all the more impressive when you consider the market at-large remains mixed, at best, into the afternoon. Regional banks are slightly outperforming their larger counter-parts today. So, let us focus on an actionable idea on that sector. Based in Evansville,...

30Aug10:51 amEST

Canada Stealing America's Thunder This Morning

In the face of a soft, sloppy open on the major averages in the U.S., Canada's Potash and Agrium were said to be in advanced talks about a merger, according to Bloomberg. As a result, most ag plays are rallying sharply, obviously including AGU POT. However, from a long-term perspective I am intrigued by the chart of Mosaic. On the monthly MOS...

29Aug3:46 pmEST

Stock Market Recap 08/29/16 {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...

29Aug3:45 pmEST

End of Summer Cheer

The indices have largely been drifting sideways the last few hours after a strong open, as we kick off what figures to be a light week of trading before the Labor Day weekend. To be sure, plenty of tight charts are present, which we consistently update for Members. At issue is whether they will break higher mostly across the board, which would...

29Aug1:11 pmEST

The Stock Market Recruits a New Driver

Do you remember the drill with the banks? They tend to catch a nice bid as rates eventually edge higher. Financials are leading today, on the back of a potentially hawkish Fed (also opposed to the bluffing one we are used to). While there are plenty of skeptics regarding whether The Fed can actually muster the, shall we say, intestinal...

29Aug10:50 amEST

Fiesta Making a Run at Chotchkie's

Select casual dining plays have enjoyed something of a snapback rally in recent weeks, seemingly under-the-radar. While it is true that many eyes have been glued to CMG for a potential bottom, the likes of BWLD and FRGI have also been noteworthy. CMG, green again this morning, would likely need a close above $435 to confirm even a temporary...

28Aug2:33 pmEST

Weekend Overview and Analysis 08/28/16 {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...

27Aug2:11 pmEST

Saturday Night at Market Chess Cinemas

I recently saw Anthropoid (2016), the real-life account of Operation Anthropoid. Anthropoid was the code name for a World War II mission to assassinate the malevolent SS General Reinhard Heydrich, the main architect behind the Final Solution and the Reich's third in command after Hitler and Himmler. Heydrich was said to be so violent and...