Unexploded Trade War Bombs

25Jun2:22 pmEST

Let's Be Honest: The Ruth's Chris Hot Plate is a Durable Competitive Advantage

Although we do not necessarily rush out and buy relative outperforming issues on large down days in the market like today, we certainly want to take note of them and add them to our repertoire of names to closely monitor going forward. That said, we have already been tracking and playing quite a few restaurant stocks, be it fast-casual,...

25Jun10:34 amEST

These Levels Have Some Summer Pull

With the Dow Jones Industrial Average tagging its 200-day simple moving average for the first time since early-May, equities as an asset class have the the general feel of an ongoing, tedious summer consolidation or slow-paced correction. The pace of the selling could easily pick up if market players become cease to enjoy the ongoing sector...

23Jun6:09 amEST

Summer Trading: Let the Market Come to You {Video}

21Jun3:58 pmEST

Stock Market Recap 06/21/18 {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...

21Jun10:54 amEST

Two Charts to Help Shape Your Strategy

Despite prominent chip player Micron rallying after earnings, plenty of tech names reversed lower fairly sharply this morning. In addition, small caps, which we know have been extending higher for a while now, are also soundly in the red as I write this and are likely taking a long overdue breather. Even Netflix is showing signs of fatigue...

20Jun3:57 pmEST

Stock Market Recap 06/20/18 {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...

20Jun1:29 pmEST

Sometimes the Name Just Fits Perfectly

It is tough to conjure up a name of a firm more appropriate for the retail footwear bull run than "Shoe Carnival," but that is exactly what we have on our hands with SCVL. For a good while now, we have been tracking, trading, and profiling the strength in the footwear segment of retail plays on this site and inside the service. SCVL, below...

20Jun10:27 amEST

The Starbucks' Bull Run is Out of Orange Mocha Frappuccinos

It seems as though every time a major multinational firm has seen its stock run into some technical trouble over the last several years, especially considering some of the sizable percentage moves these large cap names had enjoyed since 2009 or 2011, the stock sorted through those tough, technical issues with something akin to an orange mocha...

19Jun1:42 pmEST

These Steakhouses Are a Real Hit

A World Cup-esque competition among the "Steakhouse Quartet," as we have dubbed them from time to time, of the main steakhouse stocks, BLMN (Outback) DFRG (the very high-end Del Frisco's) RUTH (sizzling plate, high-end Ruth's Chris, and TXRH (the always-busy, moderately priced Texas Roadhouse) is taking hold this June. And the two winners...

19Jun10:53 amEST

Unexploded Trade War Bombs

Equities have largely been able to cast aside the barrage of trade war headlines in Trump's first term in office. China has often been on the business (er, political) end of the trade war news, as the headlines often cross in the evening hours. Although the initial jolt of seeing the headlines has been significant at times, or at least felt...