How to Give the Speech About the Birds and the Bears

20Jul3:42 pmEST

Let's ANIP This Issue in the Bud

As we profiled yesterday into today, the biotechnology (and crude oil) divergences to the broad market rally would likely be telling. At the moment, bulls are prevailing, albeit with a bit more work to do. Still, the XBI (small/mid-cap biotechnology sector ETF) is surging and rather impressive in its strength building throughout the session. ...

20Jul12:58 pmEST

Let's Keep Track of the Count

As equities keep grinding higher, it is worth keeping track of the precious and non-precious miners. After all, miners have staged brilliant rally since the beginning of this year and could still easily be in the early innings of a new bull market, in their own right. Today is the second day of miners, by and large, finally seeing some more...

20Jul10:42 amEST

The Elder Statesman of the Software Industry

With the technology sector, we know software has been as hot as any group in the market of late, sporting plenty of charts basing high and tight after recent rallies. Moreover, the industry is ripe for further M&A, with plenty of attractive targets offering impressive earnings and revenue growth for larger firms to gobble up. Microsoft, of...

19Jul4:38 pmEST

Stock Market Recap 07/19/16 {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...

19Jul3:50 pmEST

The Most Important Crude Oil Inventory Report of Our Lifetime

That may be stretching it, of course. But there is little doubt that the crude oil divergence is becoming more glaring by the way, as the USO ETF, below on the daily, looks to close below the key $10.80 level again. Russia an some oil stocks are now finally reacting to Black Gold being red. So I suspect tomorrow morning's inventory report could...

19Jul12:49 pmEST

Good China, Bad China

After YHOO earnings, BIDU is down more than 3% as I write this, with its own earnings scheduled for July 28th. China names, on the whole, have been a mixed bag lately, with BABA attempting to base out and convincingly leave the $80/$81 area in the dust as support. Moreover, as we have been profiling for Members consistently, two of the better...

19Jul10:42 amEST

Low and Slow is Money

We have the makings of a "low and slow" quiet consolidation day in the market, with stocks largely hanging in remarkably well despite a steady stream of negative headlines in recent weeks around the globe. Beyond that, even something like a NFLX earnings blow-up is barely making a dent, with the QQQ leading indices lower, yet still down a mere...

18Jul4:55 pmEST

Stock Market Recap 07/18/16 {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...

18Jul3:51 pmEST

Netflix Earnings Tonight, By Order of The Peaky Blinders

Here we are again with Netflix, a leader in the market for years where bears have had multiple chances to roll this thing over one and for all. However, consistent with the way things have been for those of the ursine mindset, the resilience here is undeniable. And if NFLX resolves higher after earnings tonight or at least holds the line, the...

18Jul1:19 pmEST

How to Give the Speech About the Birds and the Bears

In front of earnings on July 26th, the Twitter Bird is shocking the world. Just when seemingly every effete financial journalist had written off the firm as having blown a golden opportunity in its market (recall how many "Twitter is Dead" articles were published), the stock looks to have bottomed at the $14 level into Memorial Day. Since...