Got Unwind on My Mind

26Jan2:13 pmEST

Following Up on Wynn Resorts and Steve Wynn

In light of this blog post from Monday, I thought it would be the right thing to follow-up on WYNN in light of (according to Mediate, and other sources like the WSJ) allegations that Las Vegas hotel and casino mogul Steve Wynn is facing dozens of accusations that he displayed a pattern of sexual misconduct over the years, which included...

26Jan10:56 amEST

There's Two or Three Potential All-Stars in There

To paraphrase Lou Brown, there may very well be two or three potential All-Stars in the beverage space. We know that buyout rumors have been swirling for a while now, what with pressure on the likes of DPS KO PEP, and others, to grab up-and-coming growth as consumer tastes evolve in beverages. MNST SODA and FIZZ are the three main prospects....

25Jan3:28 pmEST

Stock Market Recap 01/25/18 {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...

25Jan3:24 pmEST

Hey Karl, Let's See if You Can Figure Out What's Wrong with This Market

"You see there, Scotter. He thinks of the simplest things first" It sure seems like, after several gaps higher in a row, that this market is a bit of out of gas for now. Getting light is likely right.

25Jan1:27 pmEST

All the Right Moves and Buzzwords

From Wikipedia: HealthEquity, Inc. is designated as a non-bank health savings trustee by the IRS. This designation allows HealthEquity to be the custodian of health savings accounts regardless of which financial institution the funds are deposited with. Without question, there are plenty of interesting buzzwords in that description regarding...

25Jan10:41 amEST

Spring is a Long Way Away

Despite Caterpillar turning in strong earnings, the Big CAT is currently red as the major averages whip around once again. Early sloppiness has not yet led to the type of downside reversal and follow-through which bears have been yearning for, though. And that dynamic compels us to wade through the chop and identify which stocks remain...

24Jan4:56 pmEST

Stock Market Recap 01/24/18 {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...

24Jan3:47 pmEST

The Silver Tribe Makes Its War Cry

Of all the tribes out there, the silver tribe has been one of the more quiet and docile ones in recent years. Often lagging gold rallies, silver and her miners has also taken a backseat to industrial metals and miners, leaving silver miners at the bottom of the barrel more often than not, unable to hold so much as a decent bounce after a...

24Jan1:05 pmEST

Bulls Don't Want to Hear, "Bye Bye, Baidu"

Baidu was supposed to be a good "catch-up" play to a never-ending bull run. However, with BIDU looking great this morning and now flipping red alongside the Dow and the broad market, I am continuing down the road of unwinding longs and not being too aggressive with news, for now. To be sure, calling a market top remains an elusive if not...

24Jan10:36 amEST

Got Unwind on My Mind

I am not saying to move to full cash on the sidelines, nor to call a major market top for that matter, but today seems like a decent spot to lock in fast gains, cut frustrating laggards and probably be a net seller of equities. While there are still a few long setups which I am eyeing, I have also made three sales this morning, one in the...