Trading Ideas

06Dec2:26 pmEST

Shaken and Stirred, Yet Unperturbed

Shares of TripAdvisor, Inc. continue to distinguish themselves this broad market correction from the other travel-related stocks such as BKNG (formerly Priceline), EXPE, and India's MMYT.  On the updated TRIP daily chart, below, today's relative strength on top of the general strength of the chart in general this correction may very well get...

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06Dec10:45 amEST

That's All Right, That's OK, You're Gonna Work for Us Some Day

"That's all right, That's OK, You'll all work for us some day" – Cheer for when the Harvard football team was losing during the game. Was since banned for Harvard University Band  use by Harvard Administration. Much like the condescending, arrogant cheer by Harvard students at football games (not to mention preppy high schools around the...

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04Dec10:11 amEST

Still Plugging Away

It may seem as though gold and her miners have completely shut down as a group, failing miserably to hold a rally for even a respite from the chop (at best), if not outright multi-year downtrend since the complex featured a spectacular rally in the first half of 2016. That 2016 rally may indeed now seem like a distance memory, but it is worth...

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03Dec3:42 pmEST

Another Day at The Office for Burlington Coat Factory

Burlington, formerly known as Burlington Coat Factory, is yet another stealth retail play emerging as a new school leader in the sector, not unlike Canada Goose Holdings Inc. (GOOS).  After suffering a sharp drop to its rising 200-day moving average in the heat of the broad market correction, BURL recovered sharply after strong earnings and...

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03Dec10:56 amEST

Snapping Back in a Major Way

The deeply disappointing Thanksgiving week price action in equities seems like a distant memory this morning, as bulls pounced on the U.S./China trade war détente weekend headlines.  That said, this morning's rally is not a full-blown bull party yet, per se. As I write this, for example, small caps in the IWM are up less than a measly 0.2%. Of...

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02Dec3:36 pmEST

Weekend Overview and Analysis 12/02/18 {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 markets.  Please click here  for more...

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30Nov10:39 amEST

Apple, Goldman, Oil Continue the Heel Turn

via Quora.com : "Turning heel" means that a player is shifting from a "face" persona to a "heel" persona, or turning from a "good guy" to a "bad guy." One of the most famous examples of someone "turning heel" is probably when Hulk Hogan was reintroduced as "Hollywood Hogan" and joined the New World Order. Shares of Apple, Goldman Sachs,...

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29Nov5:25 pmEST

Stock Market Recap 11/29/18 {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...

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29Nov2:38 pmEST

Christmas Market

With some of the fear and indecision regarding political and monetary headlines abating today, the major averages are back in the green as I write this. Indeed, the small cap bullish divergence we noted with Members this morning continued to play out and likely turned the tables on shorts and volatility longs who were pressing for a complete...

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29Nov10:58 amEST

The Road is About to Take Some Twists

In this day and age of thinking about markets in primitive terms of either "risk on," or "risk off," the last few days of rallying is being met with a morning dip, as we speak.  Naturally, when many a trader quickly morphs into a "risk on" mindset, especially on the back of yesterday's post-Powell explosive rally (not to mention a classic...

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28Nov5:28 pmEST

Stock Market Recap 11/28/18 {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...

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28Nov3:33 pmEST

Crossing Over from Fall to Christmas

Since the broad market correction began, you will note on the bottom pane of the QQQ ETF weekly chart, below, that the RSI has been pinned below its 5-week moving average, a standard measure for this indicator.  For reference, the RSI is an acronym for the "Relative Strength Index," used to identify changes in technical momentum. On any given...

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28Nov10:57 amEST

Health Scares Be Darned: Chipotle is Back

Brian Niccol, Chipotle Mexican Grill's CEO since February, has impressed the market enough to the point where the stock essentially did not even flinch during this autumnal correction. The restaurant company's digital strategy, above all else, figures to be at the heart of the future growth prospects.  But, let us not beat around the bush...

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27Nov3:17 pmEST

Solars: Finally Time to Shine? 11/27/18 {Video}

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27Nov10:54 amEST

Shop 'til You Drop; Chop 'til You Drop

Despite some more tough trade war talk by President Trump last evening after the closing bell, specifically directed at Apple, the Nasdaq looks to be doing a fair amount of heavy lifting this morning in an otherwise choppy tape.  While the SPY (S&P 500 Index's ETF) is still trying to decisively leave $267 in the dust to sustain a relief rally,...

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26Nov4:34 pmEST

Stock Market Recap 11/26/18 {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...

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26Nov10:29 amEST

The First Stop May Be the Dirtiest

With the broad market off to a sizable Monday morning bounce coming off one of the worst Thanksgiving weeks of trading in several decades, many are quick to point out potential "double-bottoms" on the various indices with respect to their prior October lows. To be sure, those patterns have not yet confirmed and are a good ways away from doing...

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25Nov2:08 pmEST

Weekend Overview and Analysis 11/25/18 {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 markets.  Please click here  for more...

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23Nov10:39 amEST

Leftovers

Much like the leftovers from Thanksgiving dinner, this market is seeing the leftovers of a correction still playing out even during what is typically a bullish holiday week. Indeed, the action continues to be lethargic on many levels, with crude oil's plunge this morning not doing bulls any favors, either. Moreover, we have an early close today...

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21Nov4:43 pmEST

Stock Market Recap 11/21/18 {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...

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