Trading Ideas

19Apr12:41 pmEST

POSCO May Be in a "Heads I Win, Tails You Lose" Spot

(Full disclosure: POSCO (PKX) is a name I have owned as a long-term investment inside the VIP arm of Market Chess Subscription Services since 2015) Owning PKX, the massive South Korea steel maker, the last few years has indeed been an interesting journey, as plenty of steels and global materials miners were all but written off as byproducts of...

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19Apr10:13 amEST

The Trend is Bending

“The trend is your friend until the end when it bends.” – Ed Seykota The commercial real estate stocks housed in the IYR ETF have profited nicely from a generally very low interest rate environment since 2009, as one would expect. The fallout from the 2008 financial crisis was baked into the proverbial cake during the prior, legendary bear...

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18Apr3:49 pmEST

Stock Market Recap 04/18/18 {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...

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18Apr3:47 pmEST

Nice 'n' Easy Would Do it This Time

We are winding down a generally slower-paced trading session today than what we have seen in recent weeks. And, yet, if bulls can help to base the S&P 500 Index sideways for a few days above 2,700, for example, it may very well set up a further advance into late-April. Energy and energy-related plays, including solar, shined today. I still like...

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18Apr1:05 pmEST

Fighting the Good Fight

GrubHub, a name which I have been long inside Market Chess Subscription Services, had a rough early morning on the back of a downgrade from Morgan Stanley . At one point, GRUB was not far from taking out yesterday's lows, which would have been a rather ugly giveback considering the strength of yesterday's rally. However, as we speak GRUB is...

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18Apr10:33 amEST

An Exotic Solar Guide for a Simple Chart

The long-term chart for TAN, sector ETF for solar stocks, below on the monthly timeframe, tells the story of a sector which has largely been dead money since 2012. While it is true that there were spirited rallies in 2013, early-2014 and early-2015, ultimately those breakout attempts were met with stiff resistance, and the long, sideways...

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17Apr3:55 pmEST

Stock Market Recap 04/17/18 {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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17Apr1:07 pmEST

Let's Pretend to Be Intellectual Stoners with This Play

Some of the more prominent and liquid marijuana plays are running today, namely GWPH and INSY. While those two issues are, indeed, a more conventional and less risky way to play the pot theme becoming increasingly legalized across the country than playing Pink Sheet bingo, let us not get too far ahead of ourselves and declare them to be blue...

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17Apr10:36 amEST

Winter Winners' Paradise

This morning's action appears to be a celebration, more than anything else, of those issues which had held up best throughout the winter volatility. Not only has Netflix been acting as well as any "FANG" leadership stock in the QQQ, but the likes of MTCH NTNX TWLO and many others represent potential new leadership regarding the growth The...

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16Apr3:45 pmEST

Stock Market Recap 04/16/18 {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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16Apr3:28 pmEST

Winter is Over But the Goose Might Not be Cooked

Equities are off session highs in the final hour as I write this, as Netflix earnings tonight linger. All things considered, though, barring a horrifying crash into the bell bulls can likely take solace in the lack of real panic or fear on the back of the headlines over the weekend.  The S&P 500 Index is initially pausing at its declining...

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15Apr10:57 amEST

Weekend Overview and Analysis 04/15/18 {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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13Apr10:25 amEST

What Gold Bugs Need Now 04/13/18 {Video}

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12Apr10:47 amEST

They Love Them Some Texas Roadhouse in Dubai

If you scroll through TXRH's corporate website and hunt for International Locations , it is interesting to see that Dubai has, by a long shot, the most Texas Roadhouse franchises of any place in the world outside of America. Kuwait City is not far behind. Of course, the U.S. military presence in those places may be a factor in terms of...

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11Apr3:48 pmEST

Stock Market Recap 04/11/18 {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...

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11Apr3:38 pmEST

Different Types of Hawks

Despite the Fed Minutes looking soundly hawkish across the board, it is worth noting into the home stretch of today's session that Treasuries are still staying bid.  On the TLT ETF daily chart, below, as a rough proxy, note price still contending with the $121.50 area to potentially unlock a secondary relief rally from the overall corrective...

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11Apr1:16 pmEST

Get off This Island

One of the first parts of the market we flagged for Members off the opening bell weakness this morning was the small cap strength in the IWM. Small caps were off far less than the senior indices seemingly from the get-go, and that divergence eventually took the Nasdaq green.  Moreover, plenty of individual tech plays, namely enterprise software...

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10Apr4:45 pmEST

Stock Market Recap 04/10/18 {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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10Apr1:59 pmEST

It's Time to Plan a Trip to Machu Picchu

Beyond Machu Picchu, Peru is also home to Compania de Minas Buenaventura, a diversified miner threatening well-defined resistance breakout as we speak.  The ticker for Compania de Minas Buenaventura is BVN, and it has been surprisingly very much under the radar for many traders despite turning in a strong performance on its own merits for a...

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10Apr10:37 amEST

Your Money or Your Life? A Stock Only Jack Benny Could Love

Much of legendary comedian Jack Benny's schtick often revolved around him being a miser, as heard in this classic audio clip .  Ollie's Bargain Outlet seems like the exact type of retail stock Mr. Benny's persona would have loved, as their slogan is "Get Good Stuff Cheap!". In addition, the stock itself has been a long-time favorite of ours...

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