Let's Start a Cocoa Farm

09Nov5:15 pmEST

Stock Market Recap 11/09/17 {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...

09Nov2:28 pmEST

Junk in the Trunk While Energy Rides Shotgun

The glaring weakness in high yield corporate paper is getting plenty of attention as this week unfolds, using HYG JNK as proxies. Typically, the type of heavy and steady selling we have seen with high yield corporates and junk bonds often spells trouble for debt-ridden energy firms. However, with XPO, one of the higher beta sector ETFs related...

09Nov10:40 amEST

Leaves Still on the Trees

With one eye on the lagging small caps in the Russell 2000 Index (not to mention mostly sluggish biotechs, healthcare, transports, and high yield corporate paper of late), we want to stay balanced as long as those parts of the market do not wreck some of the more intriguing, emerging plays of late. Specifically, the likes of Grubhub Inc.,...

08Nov3:54 pmEST

Stock Market Recap 11/08/17 {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...

08Nov3:31 pmEST

Square May Decide if it is Hip to Be Bear

Jack Dorsey's better half, Square, is set to report earnings tonight after the bell. Much like NVDA tomorrow night, SQ is a new market growth leader which has enjoyed a strong if not steep rally ahead of this earnings report. And if bears are to negate the upside reversal by the small caps off their 50-day moving average which we saw today,...

08Nov1:31 pmEST

Love Does Not Need to Be Perfect

Just as we do not want to linger too much the likes of SNAP's disaster earnings reaction today and instead focus on peers acting more constructively, namely FB TWTR, we also do want to lament some burger joints getting obliterated after their own reports of late, especially HABT RRGB. Although it may easy to extrapolate the HABT RRGB blow-ups...

08Nov10:40 amEST

Inspector Garmin: Go Gadget Go!

It has been more than ten years since the Garmin craze in the middle of last decade, when driving past cars at night and seeing the glow of a cool-looking Quest and then Nüvi was practically a status symbol. Since then, the navigation hardware has practically become a casualty of capitalism's creative destruction, with step-by-step voice...

07Nov3:53 pmEST

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

07Nov3:51 pmEST

Here Comes the River Card for Zynga...

ZNGA is selling off today in front of earnings tonight, among a few other firms of note like SNAP COHR BEAT etc.. Zynga has seen an improved chart in a hot sector, and could easily be a buyout target. So, the dump today is interesting to say the least. I am looking to see if the names bounces back tonight to keep it on the radar. As for the...

07Nov1:31 pmEST

Let's Start a Cocoa Farm

In addition to the move in natural gas this week, another under-the-radar commodity is cocoa. The NIB, admittedly a thinly-traded ETN, still gives a pretty good idea of the resurgent strength in cocoa. On the monthly chart, below, the signs of a major bottom in place, beyond the plethora of articles around the world about the dearth of cocoa...