Nothing But a Bastard from a Basket of Software Stocks

12Jul10:43 amEST

Ironically, Circuit City is Now Hot

No, not that Circuit City. Instead, the likes of LFUS, or Littelfuse, Inc. a supplier of circuit protection products for the electronics, automotive and industrial markets, is one of many stocks breaking higher this morning. There are a few peers of LFUS which also have a enticing charts, which we are monitoring closely on what is so far...

11Jul3:11 pmEST

Stock Market Recap 07/11/17 {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...

11Jul2:56 pmEST

Are You a Brick and Mortar Half-Vacant or Half-Full Type of Person?

All kidding aside, most things retail are being lumped together as akin to the dinosaurs. As we know, the dinosaurs had a great run of dominance for a long time but eventually met a swift and violent ending, filled with decisive closure. So while ANF and Macy's, among many other iconic brands in the retail space, merely try to avoid zooming...

11Jul9:31 amEST

Yakety Yack

Deep into the heart of the era of "Fed transparency," with Fed heads jawboning every day of the week and then some, the market appears to be looking forward to two days of Janet Yellen testimony this week. It is interest to see the Fed's conquest for transparency devolve into confusing, often conflicting remarks by its members, be them voting...

10Jul5:19 pmEST

Stock Market Recap 07/10/17 {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...

10Jul10:38 amEST

Dressing Up New Leaders

Whether it be the likes of Alibaba, Square, NVIDIA, or Applied Optoelectronics, bulls sure can point to some emerging new leaders in the market. PayPal, along the lines of Square, is right there, too. And with this morning's upgrade we can see PYPL attempting to clear $55 for a fresh breakout higher into a sluggish summer morning tape. Thus,...

09Jul9:34 amEST

Weekend Overview and Analysis 07/09/17 {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...

08Jul8:37 pmEST

Saturday Night at Market Chess Cinemas

Baby Driver (2017) is the epitome of an entertaining, summer "popcorn movie." The film has been met with plenty of rave reviews for its creativity. And while I do indeed agree that writer/director Edgar Wright is worth his salt, I am not yet inclined to declare this to be one a candidate for Best Picture. That said, Hollywood will take...

07Jul2:44 pmEST

Suddenly Stranded in the Heat of Competition

Amid the focus today on sharp, snapback rallies in the likes of AAOI, not to mention plenty of traders eyeballing TSLA for a possible oversold bounce, it is worth noting that bond bulls have suddenly become a quiet bunch after professing victory in recent weeks. Specifically, using TLT as a proxy, below on the daily chart, you will note the...

07Jul10:27 amEST

Nothing But a Bastard from a Basket of Software Stocks

Given the day-to-day indecision we have seen from the broad market it is tough to get behind a given thesis at the moment with heavy conviction. Of course, the market can change in a New York Minute, which is why we are diligently keeping tabs on the very best relative strength names for Members on a daily basis. But if the small caps in the...