Stock Market Recap 10/12/17 {Video}

17Oct10:38 amEST

These Charts Need More Law & Order

Despite the Trump Administration's tough stance on crime and criminals, the prison stocks, CXW GEO, have been noticeably cooling off since the spring months. Recall that the private prisons (also functioning as REITs) rallied sharply in the wake of Trump's surprise victory last November. But now comes the true test of mettle, as both daily...

16Oct3:37 pmEST

Stock Market Recap 10/16/17 {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...

16Oct3:30 pmEST

In the Midwest, They Call it "Pop"

The three horse race (with New Age Beverages Corporation [NBEV] and its kombucha drinks as a dark horse) between FIZZ MNST SODA to get fully bought out has been rather interesting to watch. At the moment, SODA is sporting an intriguing chart on the long side, though MNST looks sound and FIZZ may be trying to stabilize after its recent...

16Oct1:33 pmEST

An Obvious Mask

As promising as a slew of mid-cap biotechnology stocks looked this morning, they now look equally as lethargic on the back of a midday downside reversal on the back of some comments by President Trump regarding drug pricing. I still want to gauge the late-afternoon price action, in order to see if buyers are willing to hop back in the saddle...

16Oct10:35 amEST

The Rising Fall Sector Foliage

An opening bounce on the major averages is morphing into an early grind, as the pertinent issue for equities remains whether bulls can continue to sustain adequate sector rotations to stave off a much-anticipated pullback. Earnings season in October would, logically, seem to be the time for an extended market to correct. However, this market...

14Oct8:58 pmEST

Weekend Overview and Analysis 10/15/17 {Video}

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 mark Please click here for more...

14Oct8:02 pmEST

Saturday Night at Market Chess Cinemas

As with most aspects of life, the art of timing matters and is often rather significant. And when it comes to cinema and television series, that philosophy holds true to a greater degree. Case in point: When an actor completes a role in a prominent film or series which is rather serious (a thriller/dramatic epic, etc.), it is often suggested...

13Oct1:21 pmEST

Lithium May Go Out with Periodic Bang

To follow-up on a recent blog post, lithium (LIT ETF) has been on a tear this year and may be ripe to conclude 2017 with a bang rather than a whimper. And SQM, one of the major lithium-related players, a Chilean ag, looks as enticing as any on the long side with earnings not until around Thanksgiving. On the SQM daily chart, below, you can...

13Oct10:48 amEST

All at Once, Finally

On the back of AK Steel and United States Steel Corporation (X) gapping higher, alongside CLF MT, this morning, we are seeing steel stocks housed in the SLX sector ETF move nearly in unison up for the first time in a good while. Moreover, the XME, which is a general umbrella for most things related to materials and miners, is threatening to...

12Oct4:36 pmEST

Stock Market Recap 10/12/17 {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...