Weekend Overview and Analysis 07/26/15

29Jul10:24 amEST

Lots of Topping on the Social Pizza

Top component Facebook reports earnings tonight, which surely complicates things in terms of swinging SOCL, the social media ETF, to the short side. The ETF does not trade with much volume, the but SOCL does give a good snapshot of the idea that recent FB strength has been masking underlying weakness in the sector. But with TWTR YELP gapping...

28Jul5:42 pmEST

Stock Market Recap 07/28/15 {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...

28Jul3:07 pmEST

Plenty of Bird Feeders for the Twitter Bears

Headed into what should be another rambunctious TWTR earnings report this evening, it is worth noting that not much has changed since we last took a long, hard look at the stock after its last gap down in late-April. Back then, the idea was to look for the $36 level to act as a price magnet of sorts, essentially rendering the stock dead money...

28Jul12:22 pmEST

Avoiding the Squeeze

With the small caps, micro caps, and mid caps all reversing sharply higher this morning from oversold conditions, it is tough to get caught leaning short here, especially in front of the FOMC tomorrow afternoon. And China's upside reversal last night was also a good shot across the bow to not get too complacent pressing into those 1929 chart...

28Jul10:15 amEST

Morning Coffee Notes

Small caps are still lagging and have been all over the place since the open. But bulls are still giving it a go at a snapback rally in front of the Fed tomorrow afternoon. In addition TWTR earnings tonight should provide some excitement. Speaking of earnings, BIDU is following-through lower from last evening's gap own after the report. On the...

27Jul5:26 pmEST

Stock Market Recap 07/27/15 {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...

27Jul3:05 pmEST

Will it Be, "Bye-Bye, Baidu"?

Baidu, China's version of Google, reports earnings tonight amid another increase in dislocations in the Shanghai Composite. Technically, BIDU remains mired in an established downtrend, seen on the daly chart, below, with declining longer-term moving averages above price. The recent bounce may have served as a reprieve to underwater longs. But...

27Jul12:18 pmEST

BTFD.tv Appearance

Here was my appearance on BTFD.tv with my friend @JackHBarnes. As always, it was a enjoyable time and I hope you find the discussion worthwhile.

27Jul10:12 amEST

There's Something Strange in the Neighborhood

Throughout last week we chronicled the potential bull rotations into the banks and homebuilders, especially. However, last Thursday we noted the sharp reversal of fortune with downside moves after green opens in the XLF, financial sector ETF. As a result, inside Market Chess Subscription Services we entered FAZ, the triple-levered bearish...

26Jul2:55 pmEST

Weekend Overview and Analysis 07/26/15

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...