Dissecting an Actionable Trade Idea 08/17/18 {Video}

23Aug2:11 pmEST

Match Bears Are Swiping; But Do They Know How to Swim?

Match Group, owner of Tinder and other assorted dating app/website meat markets like OK Cupid and Plenty of Fish, remains one of the most heavily-shorted issues in the entire market when viewed through the prism of the percentage of shorts relative to its float (shares outstanding). MTCH was spun off from IAC a while back, and has been met...

23Aug11:03 amEST

Williams-Sonoma Making Refurbished Soup Pots from the Great Depression Great Again

I must admit that after yesterday afternoon's fade in many retail stocks in the XRT ETF I surmised that the sector could use a bit of a pause, despite the bullish tone and tenor to our recent ideas and blog posts regarding the sector both here and for Members. Nonetheless, with Williams-Sonoma surging this morning after earnings, to the tune...

22Aug6:32 pmEST

Stock Market Recap 08/22/18 {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...

22Aug1:20 pmEST

It's Study Time; This is Your Homework

In my Midday Video for Members today, we are delving more deeply into the resurgent biotechnology and healthcare space. You do not want to miss this video, as we will efficiently scroll through relevant charts and put the puzzle together. However, make no mistake that IBB XBI XLV sector ETFs all for bios and healthcare are notably strong and...

22Aug10:34 amEST

Once John Deere Tough, Always John Deere Tough

SITE, or SiteOne Landscape Supply, was formerly known as John Deere Landscapes. The firm, of course, focuses on irrigation, landscape lighting, nursery, and turf and maintenance supplies. Although that may not sound like cutting edge cloud, cybersecurity, software technology, the market is certainly on to the case for bulls as far as the SITE...

21Aug11:00 amEST

Breaching the Housing Fortress

Pursuant to a video we did on Friday, housing and homebuilder-related stocks are catching a strong bid this morning, though it may have slightly less to do with rates and more to do with Toll Brothers up more than 12.6% after earnings. Still, the XHB and ITB sector ETFs related to homebuilders and housing materials plays are higher by more...

20Aug4:49 pmEST

Stock Market Recap 08/20/18 {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...

20Aug10:38 amEST

A Monster Deal for Beverage Plays

News of beverage and snack giant PepsiCo (PEP) buying out the at-home carbonated drink maker SodaStream (SODA) for $3.2 billion in an all-cash bid reignites bull hopes for more consistent "Merger Mondays" headed into the back end of 2018. Either way, the SODA buyout surely ought to put other beverage plays on the radar. FIZZ has been a solid...

19Aug1:46 pmEST

Sunday Matinée at Market Chess Cinemas

Available on Netflix, Gran Torino (2008) is vintage Clint Eastwood in his twilight years. I recall watching the film in a theater (which seems like an antiquated concept these days) in Las Vegas right near the depths of the financial crises and that devastating bear market. The audience was instantly gripped and likely fed off Eastwood's...