Trading Ideas

Showing articles 1 - 20 (3120 total)

19Jun1:42 pmEST

These Steakhouses Are a Real Hit

A World Cup-esque competition among the "Steakhouse Quartet," as we have dubbed them from time to time, of the main steakhouse stocks, BLMN (Outback) DFRG (the very high-end Del Frisco's) RUTH (sizzling plate, high-end Ruth's Chris, and TXRH (the always-busy, moderately priced Texas Roadhouse) is taking hold this June. And the two winners...

19Jun10:53 amEST

Unexploded Trade War Bombs

Equities have largely been able to cast aside the barrage of trade war headlines in Trump's first term in office. China has often been on the business (er, political) end of the trade war news, as the headlines often cross in the evening hours. Although the initial jolt of seeing the headlines has been significant at times, or at least felt...

18Jun3:51 pmEST

Stock Market Recap 06/18/18 {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...

18Jun10:19 amEST

Working at Night

Given the correction in crude oil and many energy names in recent weeks, it would indeed be a stealth move for the natural gas-related exploration plays we have been tracking here and especially for Members to have them break out now.  The likes of Chesapeake, among a few others, have made notable technical improvements of late, and the CHK...

15Jun3:38 pmEST

Mr. Rothstein, County Commissioner Pat Webb is Here to See You

Ah, the gaming industry. You have to love it. Just when the Supreme Court of the United States rules under one of America's founding principles of federalism and declares states' rights to allow sports betting if they so choose, Red Rock Resorts start to perk up as a mostly locals' casino operator in Las Vegas, of all places.  RRR has been an...

15Jun9:26 amEST

Another Shot at Cracking the Natural Gas Code

In addition to a down 200-point open coming on the Dow, most commodities are also showing weakness as the latest trade war headlines likely serve as a convenient excuses for more profit-taking into the weekend.  But natural gas is higher, and for our purposes we are all the more enticed by some exploration firms which have flashed more than...

14Jun3:52 pmEST

Nothing Says Bull Market Like Wildly Overpriced Sporting Goods

I was a net seller today inside the service and will likely tilt that way into the weekend.  However, it is interesting to see a name like Dick's Sporting Goods, below on its daily chart, quietly improve and finally wake up after a very rough stretch beginning in late-2016.  You can plainly see DKS basing tightly back above the $37 level,...

14Jun2:10 pmEST

By the Way, That's Not Mom and Pop Buying Zynga

Much like Pandora, Zynga seems to get no respect from traders even on up-days and even, as the daily chart illustrates below, the technicals are improving as a whole.  ZNGA has been hot since the first day of May, with surging buy volume to support the move. Despite being a low-priced stock, there were multiple sessions where more than 25...

14Jun10:43 amEST

An Interesting Location for the World Cup

No, I am not referring to the host country of this World Cup, which is getting underway this morning. Instead, I am talking about the price location of Yandex, Russia's version of Google, essentially. And if you subscribe to the idea that Google is somewhat of a proxy for U.S. (or global) GDP, then it is hard not see YNDX as a potential long...

13Jun3:50 pmEST

Stock Market Recap 06/13/18 {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...

13Jun3:48 pmEST

Saving the Waterfall Jumper

The initial spike lower that GDXJ (ETF for junior gold miners) suffered after the FOMC decision at 2pm EST today had larger implications, too.  As you can see on the GDXJ daily chart, below, juniors have been rather compressed for a few months now, with plenty of fits and starts keeping traders like myself mostly at bay and not being too...

13Jun1:12 pmEST

Do Not Nuke the Nukes Yet

(Pictured above, Julius Robert Oppenheimer, often known as father of the atomic bomb) The fact that a stock like Cameco, updated below on its daily chart, not only failed to swoon in the face of the recent Trump/North Korea headlines signaling a major global development in peace, but is actually coiling and ripe for an explosion (er,...

13Jun10:18 amEST

Taking a Break Way Up There

The stock for Cambridge, Massachusetts-based biopharma Sarepta Therapeutics Inc. has been more than commendable this spring, as many of its peers saw their stocks struggle. Even many of the bios which had held up well took the brunt of a volatile ASCO conference this year and suffered sharp drawdowns, namely BPMC NKTR, among others.  Thus, when...

12Jun3:19 pmEST

Somewhat Dead Ahead of the Fed

While momentum traders seeking intraday hot action are piling into the likes of FIT RH TSLA today, among a few other monster movers like SAGE, the general tone and tenor of the broad market action this afternoon has me thinking the market will slow down and drift into the FOMC event which truly begins after 2pm EST. Although the beginning of...

12Jun10:36 amEST

You Adapt, Evolve, Compete, or Die

An extremely rare interview on CNBC this morning with the legendary trader and hedge fund investor, Paul Tudor Jones, had me recalling his many famous quotes regarding markets. One of my favorite ones is, “You adapt, evolve, compete or die," implying that traders must constantly be willing to change their minds to keep up with ever-changing...

11Jun5:07 pmEST

Stock Market Recap 06/11/18 {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...

11Jun2:16 pmEST

One in the Same After a Long Battle

As we work our way through the heart of afternoon trading, rotation seems to be the name of the game as small caps lag while other parts of the market attempt to benefit from inflows.  On that note about rotation, it is interesting to see two long-time, high beta laggards finally sustain rallies. FitBit has been on a tear since early-May,...

11Jun10:41 amEST

Another Look at Archer

We previously looked at the long-term chart for Archer-Daniels-Midland Company, the global food processing and commodities trading firm, and surmised that ADM may very well be on the cusp of a meaningful breakout from a multi-year  consolidation pattern.  Adding credence to that thesis is the recent rotation we have profiled into several XLB...

08Jun11:25 amEST

Don't Let the Door Hit You in the ASCO on the Way Out

On the whole, the price action in many biotechnology stocks during the latest ASCO conference is one plenty of biotech bulls would soon forget, as the market gave us a plethora of bios gapping down 10-30%, or more, over the last week. While it is usually a mistake to view a sector-specific conference like ASCO as a panacea (literally and...

07Jun10:46 amEST

Modified Playtime for Bears

On the back of the Nasdaq Composite and the QQQ (ETF for the top 100 stocks in the Nasdaq, namely "FANG" types of names) running directly into their prior, respective March highs, if not overshooting them yesterday, we ought not be too surprised to see tech stocks now mostly experience some profit-taking and generally lagging the market this...

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