Changing Consumer Tastes

29May12:18 pmEST

They'll Need to Go Fishing in the Red

Natural gas seems to be an interesting niche within the commodities complex, with strident perma-bulls and perms-bears alike chirping with each rally and swoon. I have not traded natty much in recent months, though long-time readers know I have traded UGAZ (the triple-long natural gas ETF) with fairly good results in recent years, occasionally...

29May10:17 amEST

Watch the Flank

With the market stuck in such an obvious range, there still exists the possibility for some type of sudden break, one way or the other. I see ALTR is continuing the semiconductor party this morning with a gap higher, while HRTX is doing the same for the hot generic healthcare plays--There may be more M&A activity yet in those sectors. The SPLK...

28May5:10 pmEST

Stock Market Recap 05/28/15 {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...

28May2:58 pmEST

Sizing Up the Fight

Despite another failure by bears to follow-through lower on the sell-off earlier this week, bulls have not exactly sealed the deal with an upside range breakout either. Google may very well be a good example of this phenomenon among market leaders, beyond the major averages. On the daily chart, first below, the stock is rangebound though may...

28May12:30 pmEST

A Look at the Energy Complex

I took off the rest of an ERY long this morning inside Market Chess Subscription Services , as a way to play the short side of energy stocks (ERY is the triple-bearish version of the XLE, sector ETF). I may look to reenter the bearish bet after a weak bounce. As for crude itself, on the USO ETF daily chart, below, note that crude is now down...

28May11:23 amEST

Magnus Carlsen Blind at the Sohn Conference

Hat Tip: @Dasan on Twitter for the link

28May10:05 amEST

Aspirational No More

Given the vast array of earnings blow-ups in the retail sector this reporting season, it seems as thigh the aspirational customer, meaning upper-middle class and more or less resorting to purchasing a modified group of luxury brands to sample the "baller" lifestyle, has been trading back down to a more humble line. Specifically, the likes of...

27May4:53 pmEST

Stock Market Recap 05/27/15 {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...

27May2:17 pmEST

Artistic Flair Into Summer

To update an idea we have been looking at for a while now, note the chart of the under-watched tech firm, Globant. On the daily timeframe, below, we can see a fairly textbook and almost artistic "cup and handle" setup developing, with a move over $26.30 likely setting in motion a breakout higher from the pattern, potentially targeting a move...

27May11:54 amEST

Changing Consumer Tastes

While the hamburger wars have been heating of late, given the strength in SHAK and resurgence in MCD, while HABT JACK RRGB duke it out as well, many causal dining plays have been seeing some notable weakness. Even stalwarts such as BWLD CMG have been glaringly weak, as we could easily be seeing a shift in eating trends. But beyond the...