Weekend Overview and Analysis 01/07/18 {Video}

10Jan3:32 pmEST

Biotech: No, No, No...No More Foreplay

For the second session in a row, the XBI (ETF for small and mid-cap biotechnology issues) is notably outperforming the broad market. However, bios have been a bit dodgy in recent weeks in terms of being able to hang onto and sustain strength. Will this time be another tease? As you can see on the XBI daily chart, below, bulls need to see a...

10Jan10:35 amEST

The Little Red Book of Rumors and Excuses

News this morning that China may be considering cutting back its buying of U.S. Treasuries not only sent TLT lower yet (even after its recent bout of weakness), but also seemingly sent U.S. stock index futures tumbling pre-market. Despite Warren Buffett opining that valuations were not too rich for equities relative to rates, we still have some...

09Jan4:35 pmEST

Stock Market Recap 01/09/18 {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...

09Jan1:43 pmEST

Crossing the Rubicon

With rates moving higher today, perhaps the bond market is finally aligning itself with the implication of the rally in many commodity-related materials plays over the last few months. As is usually the case with markets, things do not always play out in linear fashion. Moreover, rates on the 10-Year Note, for example, still must climb a good...

09Jan10:43 amEST

High Energy Going for New Heights

Three of the main beverage buyout targets, FIZZ MNST SODA (also with NBEV as a small speculative play perking up this morning), are either sporting sound charts or, in the case of FIZZ, attempting to emerge from corrective patterns this morning. For a while now, many have speculated on which one of these firms would be the most logical buyout...

08Jan3:48 pmEST

Stock Market Recap 01/08/18 {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...

08Jan3:46 pmEST

Grumpy Old Man Winter Plays

Headed into tomorrow we have our eyes on CMP, Compass Minerals. This is the quintessential "old man winter" play, as they produce rock salt for the icy roads. CMP had a nice rally of late and is finally flagging out. Also note CMP is in the suddenly-hot materials space, which may very well put it in the sweet spot going forward the rest of...

08Jan2:21 pmEST

A Pickup Artist's Dream

Sprouts Farmers Market, Inc. continues to be a niche health food grocer which makes the most sense for larger retail players to swoop in for the pickup to gain intriguing growth. While the Whole Foods buyout by AMZN last summer seemed, at first blush, like a major setback for SFM because they were not the chosen one, in reality it indicated...

08Jan10:42 amEST

The Long Journey Through Winter

After playing UNG, the natural gas ETF (straight up with no leverage in lieu of the elevated BOIL UGAZ ETFs) over the holidays, we elected to sell into strength given the commodity's propensity to see any and all rallies for a good while now fall apart just when it looks most promising for bottom-fishing bulls. The reality is that all natural...

06Jan6:40 pmEST

Weekend Overview and Analysis 01/07/18 {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 mark Please click here for more...