MarketChess

31May10:27 amEST

One Step at a Time with Box

The headlines this morning read that BOX fell hard after earnings despite top and bottom line beats. While it is certainly true that BOX has the look an feel of a "sell the news" move after reporting, it is important to note the context of the chart in order to gain better perspective as to whether the promising tech play with AI exposure is...

Read More

30May4:00 pmEST

Stock Market Recap 05/30/18 {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...

Read More

30May12:25 pmEST

How Badly Do You Want a Pot?

A Potbelly, that is.  With consumer names continuing to catch nice rotations, by and large, and the likes of Shake Shack threatening a runway squeeze higher after its massive earnings gap with no giveback, we feel compelled to ferret out names which have been essentially left for dead in this part of the market.  Potbelly Sandwich Shop IPO'd...

Read More

30May9:22 amEST

Avoiding Overload: What Happens in an Internet Minute in 2018

I saw the above infographic posted recently (created by @LoriLews and @OfficiallyChadd). It surely puts things into perspective in terms of just how easy it can be to suffer information overload in this day and age. And when it comes to trading, it is even more important with respect to staying thorough in our preparation as traders without...

Read More

29May2:03 pmEST

Reminder: Long-Term Overhead Supply is Not a Myth

While renewed fears regarding Italy's debt and the general European concerns are back in the news, we ought not dismiss the technical predicament of the XLF, ETF for large cap financials.  Specifically, as we watch major banks like BAC C GS JPM MS WFC all get pounded with violent selling today after recent underperformance, you will note the...

Read More

29May10:44 amEST

Consumer Stocks Winning at the Pump

Coming off a long, holiday weekend for the quintessential patriotic holiday, bulls sure would have preferred a better open for equities than this one. However, small cap stocks are green as are many individual names related to the consumer and retail complex. With oil finally correcting after a steep multi-week advance, the old Wall Street...

Read More

28May5:06 pmEST

Weekend Overview and Analysis 05/28/18 {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...

Read More

27May11:56 amEST

Sunday Matinée at Market Chess Cinemas

On this Memorial Day Weekend, the trio of George Clooney, Mark Wahlberg, and Ice Cube headline the cast of Three Kings (1999), a film worth a viewing over the holiday. The film centers around the Gulf War, and maintains a fast pace of action and thrilling adventure while intertwining well-place comedy, too.  via YouTube: Starring Emmy and...

Read More

25May12:36 pmEST

Fusing Actionable and Educational Analysis of Chipotle 05/25/18 {Video}

Read More

25May10:17 amEST

Updating an Old Game Plan

Despite crude oil gapping down hard, on top of a disappointing reversal lower int he futures overnight, bulls are giving the old dip-buying playbook a shot here as we head into the long, holiday weekend.  Typically, with Memorial Day being the epitome of a patriotic holiday, it is rare for markets to swoon into the long weekend. Most market...

Read More