Stock Market Recap 07/29/15 {Video}

02Aug10:26 amEST

Sunday Matinée at Market Chess Cinemas

My Cousin Vinny (1992) is one of those films I periodically reference in my blog posts, but have never officially recommended. But in the dog days of summer there is nothing better than a well done comedy, through and through. So let's officially recommend it now. More than twenty years since its release, we can appreciate the likes of ...

01Aug12:23 pmEST

Saturday Education

Here is some reflective, food for thought on a Saturday. First, an infographic showing the largest company by revenue in each state in 2015. And then a documentary about the Wall Street legend, John Pierpoint Morgan.

31Jul3:43 pmEST

Stock Market Recap 07/31/15 {Video}

If you enjoy my blog posts and videos, then I would encourage you to please click here for more details about joining Market Chess Subscription Services for plenty of value-additive features at a reasonable price. Enjoy the video, and have a great weekend!

31Jul12:48 pmEST

Battle of the Midway in the Range

Although the stock trades too thinly in terms of volume for my taste, GLPG was a new issue biotech we looked at in this blog post not long ago as a long setup. Indeed, several Members inside Market Chess Subscription Services pounced on the play, and are benefitting from the sizable move higher today. Going forward, aa long as GLPG holds...

31Jul10:33 amEST

After the Storm

After FEYE and LNKD earnings, both stocks are flirting with losing significant technical ground on a long-term basis, beyond a mere single gap down. Regarding FEYE, on the first weekly chart, below, note the $46 level is in grave danger of being lost now. Follow-through below this level, as we saw with the TASR sell-off and follow-through down...

30Jul5:05 pmEST

Stock Market Recap 07/30/15 {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...

30Jul3:29 pmEST

Does LinkedIn Earnings Deserve Your Full Attention?

With LNKD set to report tonight, we should gain some insight as to whether the social media basket of stocks in the SOCL ETF will continue to weaken, or instead find some type of footing like FB did off the lows today. AMZN and especially NFLX were impressive today, as the many other parts of the market churned, while TASR gave up some serious...

30Jul12:29 pmEST

Following the Line

It looks as though buyers continue to valiantly defend the $121.50 level on the Russell 2000 Index small cap ETF, seen below on the 30-minute timeframe, full-well knowing the important of it. This is an area we have observed several times before. And this morning's upside reversal seems to reenforce that notion. Until it is lost, index shorts...

30Jul10:19 amEST

Fold 'em in the First Round

The possibility of going long WFM as it gapped down, post-earnings, to a major prior price level ($36) was something we discussed as a day-trade idea inside Market Chess Subscription Services last night into this morning. However, the setup did not quite unfold in such a way where it was worth the initial day-trade long. Mind you, later...

29Jul5:28 pmEST

Stock Market Recap 07/29/15 {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...