Tough to Step in Front of This One

04Jun12:03 pmEST

The Blueprint for This Market

Inside Market Chess Subscription Services , we have been focused on keeping a tight leash on all positions, long or short, commodities or fixed income, in this choppy market for a while now. Note how that approach stands in stark contrast to the emotional roller coaster which is so commonplace these days in Twitter Finance, with plenty of...

04Jun10:14 amEST

Look for Winners and Losers

As the market remains rangebound there is a premium being placed on identifying strong and weak stocks, even within the same sector. In the hot cybersecurity space, for example, a notable laggard of late has been the likes of SYMC, while we chose to play the strongest of the strong, such as AVG, this week on the long side. With this in mind,...

03Jun5:11 pmEST

Stock Market Recap 06/03/15 {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...

03Jun2:51 pmEST

That Was Fun; Wanna Cyber Again?

Within the cybersecurity plays in the HACK ETF today, AVG and VDSI look to be as strong as any. We were long AVG, and still are, inside Market Chess Subscription Services , and scaled half of the gains today to lock in some partial profit as the stock hits above its upper daily chart Bollinger Band. In terms of looking for the next rotation...

03Jun12:12 pmEST

As We Approach D-Day...

Equities are fading off their highs into the New York much hour, as the selling pressure in the bond market picks up. I retain about half of my TBT long (the ultra-Short Treasuries ETF) to play the bearish side of bonds. But the larger issue may be the hesitation equities are showing at breaking out just when it appears bulls are back in full...

03Jun10:09 amEST

Leaving the Dock for Summer

Facebook is part of the buzz in the market this morning. But, observing the first daily chart, below, the stock still likely needs to at least close and hold over $82 for a summer breakout to fresh highs. The stock has had numerous chances to break lower in recent months, but bulls defended when they had to. Elsewhere, names like LNKD TWTR are...

02Jun5:17 pmEST

Stock Market Recap 06/02/15 {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...

02Jun3:08 pmEST

Now it Can Do Whatever it Wants

First Solar is a short idea we have been noting inside Market Chess Subscription Services for a while now, with the stock "leaning down" against well-defined support and eventually filling its gap below. Now that we have seen the gap-fill, though, it is anyone's guess as to what happens next. Savvy shorts have likely covered part or all of...

02Jun12:31 pmEST

Mind the Correlated Paths

Just as quickly as the U.S. Dollar's rally yesterday seems to throw a wet blanket on many commodities, today the greenback's weakness down below the highlighted bull flag (on the daily chart of the Dollar ETF) could easily be galvanizing buyers in those same commodities. Specifically, crude oil is near the highs of the session as I write this,...

02Jun10:12 amEST

Tough to Step in Front of This One

Semiconductors have been symbolic of this bull run on many fronts, not only refusing to permit a garden variety correction but consequently surging higher just when it appears the eventually breakdown is nigh. Recently, the spurt of big-time M&A activity added fuel the fire for some of the comically steep long-term trends, such as that of...