Stock Market Recap 08/13/15 {Video}

17Aug12:27 pmEST

The Ghosts of Autos Past

After catching a monstrous price target upgrade from Morgan Stanley over the weekend, Tesla Motors gapped up higher at the open. In the upgrade, Morgan noted that they see TSLA eventually larger than Ford and General Motors. Indeed, if TSLA is going to be the next F or GM, then the template of, say, GM's share price performance from...

17Aug10:14 amEST

Crude, Where's My Car to Climb the Wall of Worry?

Despite gaps higher and impressive relative strength in KITE MBLY and TSLA this morning, equities as a whole are under a bit of pressure after a solid close last Friday. While pinpointing an exact reason for moves in the markets is often futile, it is worth noting that crude oil continues to stay weak, unable to muster even a modest...

16Aug2:52 pmEST

Weekend Overview and Analysis 08/16/15

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...

16Aug11:07 amEST

Sunday Matinée at Market Chess Cinemas

The Last King of Scotland (2006) features Forrest Whitaker and James McAvoy, both of whom are strong character actors and are allowed to flourish as the leads here. This film is a fantastic and intense depiction of real-life brutality seen under the Ugandan dictator Idi Amin’s regime, as viewed through the lens of his personal physician...

15Aug2:13 pmEST

Key Lessons from the Market Wizards Series

via YouTube: In this Opalesque.TV video interview, we interview bestselling author Jack Schwager on his most recent book, "The Little Book of Market Wizards: Lessons from the Greatest Traders." In the book, Jack summarizes the key lessons from his four previous Market Wizard books and offers insights from some of the world's top financial...

14Aug4:17 pmEST

Stock Market Recap 08/14/15 {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...

14Aug3:20 pmEST

Final Hour Late Summer Update

Given the whipsaws of the current market, I decided to lock in wins in a biotech and FDX shorts into the weekend. If need be, I will revisit those plays next week. But, for now, the back-and-forth nature still reigns supreme over any kind of range break, just yet. And beaten-down novelties like LL and TWTR are capturing the attention of bored...

14Aug12:22 pmEST

The Biotechnology Sector is Just Like the "Sons of Anarchy" Television Series

Initially, in the first few innings/seasons, there is a ton of promise, big growth opportunities, lots of exciting storylines and bright futures against a rugged backdrop. As the stories and rallies progress, tons of new breakout stars get into the mix, as well as some old-time famous cameos. And then, thorough no fault of its own, the...

14Aug10:24 amEST

Pondering a Surrender

The price action this week in the precious metals miners now compels us to consider whether what we saw in late-July, with violent selling after an orderly, steep move lower, was a form of capitulation from gold bugs who finally waved the white flag on their firmly held positions. The counter-argument to the above point, which many gold bears...

13Aug5:17 pmEST

Stock Market Recap 08/13/15 {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...