You Might Want to Start Believing in Fate

29May10:46 amEST

Your Presence is Required

Now is as good of a time as any for buyers to show up and do their thing regarding the lowly semiconductors. As you likely know, most chips have been dreadful over the last month, with the likes of MU NVDA getting pummeled despite a rare standout like AMD. CREE is a long-term turnaround story which has finally corrected a bit and may be ripe...

28May3:30 pmEST

The Law of Interia

With the broad market indices insisting on not moving much, just yet, it remains tough to force the issue in terms of attacking even the most attractive individual chart. Two possible exceptions, however, reside in the biotechnology, names we have highlighted but here and with Members. FATE is having a very strong session on a huge uptick of...

28May10:18 amEST

Mount Everest is the New Hotel California

The recent slew of tragic deaths on the way up Mount Everest seems like a good lesson in taking unnecessary risks. On the one hand, we must acknowledge that plenty of choices in life come down to being comfortable with the idea of taking risk and dealing with uncertain outcomes. On the other hand, brazenly taking overly-aggressive risks...

27May2:34 pmEST

Memorial Day at Market Chess Cinemas

On this Memorial Day, I am going to re-recommend an overlooked mini-series. Whereas Band of Brothers (2001) deservedly received much attention and praise for its ten-part portrayal on HBO of the real-life "Easy Company" paratroopers on the western front in World War II, The Pacific (2010) is decidedly underrated. The Pacific was HBO's...

23May2:58 pmEST

All Eyes from All Angles

At the risk of being overly-dramatic headed into a holiday weekend, the S&P 500 Index is at the most critical of junctures. Thus, in lieu of discussing individual stocks on dips, the more relative issue will be whether buyers can, in fact, place a floor underneath this wobbly, headline-sensitive market. If so, then individual names, especially...

22May11:00 amEST

Swimming in Circles

Fish are typically seen swimming in circles when the school wants to stay put--A common response of schools attacked by predators is the formation of a circle. With respect to the current market, you might argue that the persistent trade war headlines combined with various glaring weak spots, namely the semis (with QCOM the concern du jour),...

21May5:17 pmEST

Stock Market Recap 05/21/19 {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...

21May11:09 amEST

Ready to Attack

With bulls making another stand this morning and threatening to see this small cap-led rally sustain higher into Memorial Day, I went long Pareteum Corporation for a swing trade inside Market Chess Subscription Services. TEUM is a name we traded a while back. And I continue to view this one as a "sleeper" small cap winner with less than a $1...

20May5:15 pmEST

Stock Market Recap 05/20/19 {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...

20May10:42 amEST

You Might Want to Start Believing in Fate

Fate Therapeutics Inc., a La Jolla-based cancer and immunotherapy small cap biotechnology stock, is a pretty textbook example of a "good house in a bad neighborhood" setup in the market. Specifically, biotechs as a group have been floundering, with the XBI (ETF for small cap bios) weakening further this morning below its 200-day moving...