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03Aug10:20 amEST

How Does it Feel to Get Beat Up By a Bunch of Hipsters?

The numerous and steadfast shorts in the float of FIZZ, National Beverage Corp. and owner of the popular LaCroix beverage line, seem to be trapped at this moment in time. With the recent glimmer of hope for equity bears, given the mid-summer indecision and various pullbacks we are seeing in stocks, not to mention some selling of "good news"...

02Aug3:05 pmEST

Stock Market Recap 08/02/17 {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...

02Aug2:59 pmEST

The Eternal Battlefield

Even though both the Nasdaq Composite Index and the QQQ (ETF for the top 100 stocks in the Nasdaq) both long ago left their prior dot-com bubble highs in the dust, a lingering issue from a long-term perspective has been that the semiconductors, the sector at the heart of the dot-com bubble run-up, have yet to adequately conquer their demons...

02Aug10:34 amEST

A Truly Bizarre Celebration

Of all the times we have seen the mainstream (non-financial niche) media report on the Dow Jones Industrial Average and "stocks" making all-time highs, this particular time strikes a certain chord given the lackluster price action beneath the surface. Indeed, the Apple jubilation from last night's earnings, not to mention FEYE ONCE and a few...

01Aug4:52 pmEST

Stock Market Recap 08/01/17 {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...

01Aug12:49 pmEST

The Mask Market: Do You Feel Lucky?

The widening spread between the Dow Jones Industrial Average and some notably weakening parts of the market continues to be masked by headlines of stocks hitting new highs. Indeed, while it is true that the Dow is still chugging on higher for one new all-time high after the next, the negative divergences below the surface transcends mere...

01Aug10:40 amEST

Time to Start Popping

A plethora of precious metals miners report earnings in the next week or so, placing an even bigger premium on the current technical juncture in which the GDX (ETF for senior gold miners) currently finds itself. We previously looked at the daily timeframe, updated below, and inferred from the technicals that both the 200-day simple moving...

31Jul4:30 pmEST

Stock Market Recap 07/31/17 {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...

31Jul3:42 pmEST

It Takes Two to Tango

Summer trading often feature some quality pair trading opportunities. And with the Dow divergence becoming more pronounced by the day, as small caps, transports, and now even tech lag behind, it may be worth looking into some plays off this setup. Specifically, a Dow component like Nike, below not he daily chart, has quietly been acting much...

31Jul10:47 amEST

Back to Shore

Despite a solid open for the Dow, with even tech stocks green, the small cap weakness again seems to be dragging down the market here, once again. On the updated IWM daily chart, below, the ETF for the Russell 2000 small cap index illustrates the recent breakout to fresh highs was short-lived, as price is now soundly back inside the a prior...