Weekend Overview and Analysis 10/16/16 {Video}

19Oct10:49 amEST

Equal Opportunity Energy

Although we have no predisposed biases inside Market Chess Subscription Services, if there is one specific group of stocks we have been consistently cautious or bearish on it has certainly been the solars. Despite wild proclamations by solar bulls of the imminence of this alternative energy as the clear-cut wave of the future, equity markets...

18Oct3:43 pmEST

Stock Market Recap 10/18/16 {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...

18Oct3:39 pmEST

Shaken and Stirred, Yet Unperturbed

Despite the major indices struggling to really get an explosive rally going today, there was some promising action in quite a few individual stocks. Now we need to see some more muscle behind those moves the rest of the week, with plenty of earnings sprinkled in. Intel and Yahoo are big ones tonight, as ISRG. But I am also watching to see...

18Oct1:15 pmEST

The First Person You Kiss Cannot Be Papa John!

In light of the Dominos Pizza earnings surge, the first person the market wants to kiss now may be Papa John's, not unlike Peyton Manning above after last February's Super Bowl win. While that may be controversial to some , PZZA has room for a quick move higher to follow DPZ before Papa John's earnings on November 1st. On the daily chart,...

18Oct10:44 amEST

Buy the Dip or Watch the Drift

An opening gap higher after yesterday's weakness jives with the idea of an, overall, indecisive market headed into plenty more significant earnings, a General Election, big year-end Fed decisions, and unknown geopolitical developments. Netflix clearly helps the bull case in the near-term, with its monstrous earnings gap higher taking it back to...

17Oct3:45 pmEST

Stock Market Recap 10/17/16 {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...

17Oct3:44 pmEST

The Netflix Test: Do I Wanna Know?

NFLX earnings are tonight after the bell, essentially the main event to kick off this week. As we noted before, of all leaders Netflix is in the most intriguing technical spot, either on the cusp of healing a multi-quarter correction of sinking back below its 200-day moving average, which is still declining. I suspect NFLX may set the tone...

17Oct1:13 pmEST

The Commoditization of Starbucks

Given the sloppy market today it is easy to cherrypick the mild weakness in any individual stock. But Starbucks its worth noting for a few reasons. First and foremost, the important consumer name has been glaringly weak for quarters on end now, along with DIS HD LOW NKE UA, just to name a few. In addition, coffee has been steadily improve and...

17Oct11:01 amEST

Laboring to Simply Go Green

Despite biotechnology issues sounds in the red again this morning, failing to react much to oversold conditions thus far, stocks are a whole are fighting to go green or least hug the flatline. On the one hand, the S&P 500 Index is still holding over the key 2120 support level again, but bulls are also having issues holding green. On the IBB...

16Oct3:09 pmEST

Weekend Overview and Analysis 10/16/16 {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...