Trading Ideas

20Sep11:00 amEST

Summer Into Fall, Make the Call

Today marks the last trading day of summer, with autumn in the Northern Hemisphere beginning on  Monday, September 23rd.  Although the post-Labor Day phase has been in gear for a few weeks now, and the Fed meeting is in the rear view mirror, stocks are still searching for a more definitive clue as to whether or not they should sustain a...

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16Sep10:24 amEST

Saber, Rattle, and Roll

In the wake of the Saudi Arabia oil attack (with fingers being pointed at Iran for saber rattling), stocks are mostly soft albeit with IWM holding green as I write this. Still, beyond the initial jolt in stocks overnight it appears as though we are likely in a holding pattern until after FOMC later this week.  On the matter of crude, we can see...

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13Sep3:22 pmEST

Dead Ahead of The Fed

It is a rather quiet end of the week on Wall Street, which may very well be apropos considering the potential storm next week with the much-ballyhooed FOMC. AAPL FB GOOGL are down on antitrust headlines, but note how GOOGL even today is exuding relative strength to peers. For a while now, GOOGL has had the best "FANG" chart, and that remains...

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12Sep3:16 pmEST

A Chance to Get Back Above Water

Virtually the entire energy complex has been mired in a bear market for a good while now, be it natural gas, crude oil, and especially energy stocks themselves.  In terms of gauging whether he worst is over, why not look at one of largest firms in the world and largest holding by market cap in the XLE ETF, Exxon Mobil Corporation (XOM)? Exxon...

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12Sep10:50 amEST

Détente from the Horror Show

Putting political opinions to one side, we know that whichever side you are on regarding the China/U.S. trade war there is no denying the increased, random overnight volatility we have seen in the market because of it for a good while now.  But with President Trump delaying China tariffs as a good will gesture amid more rumblings of a trade...

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11Sep5:28 pmEST

Stock Market Recap 09/11/19 {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...

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11Sep11:17 amEST

No True Victories on 9/11

It is tough to imagine that the beaten-down software and indeed many growth titles will immediately snapback to new highs in a single session or two, and perhaps not even before the FOMC one week from today. Having said that, with one of the more prominent growth security/software plays Zscaler (ZS) collapsing 25% this morning after earnings,...

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10Sep3:45 pmEST

A Tale of Two Pullbacks

Another session of glaring weakness in the Nasdaq, combined with abrupt, heavy bouts of selling in winning consumer discretionary stocks (e.g. CMG SHAK WING) likely outweighs any progress made by both small caps and lagging sectors beginning to show signs of life.  Moreover, the morning bounce attempts in suddenly-oversold software growth...

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10Sep10:47 amEST

Kosmos Drinking Some Milkshakes

Despite crude oil's bounce over the last few sessions, it remains tough to find strong energy charts which withstood the barrage of that sector's bear market (for all intents and purposes) since October 2018. As a result, we have not focused much at all on long ideas in most energy-related stocks both on this website and inside the service for...

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09Sep5:30 pmEST

Stock Market Recap 09/09/19 {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...

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06Sep10:32 amEST

A Lonely Place for Bears

One of the more interesting aspects about the way the current market is constructed is that despite some notable bearish signs, such as the small and micro-cap ETFs spending most of their summers below a declining 200-day moving average (typically a rather serious technical predicament), other parts of the market have proved to be remarkably...

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05Sep7:38 pmEST

Stock Market Recap 09/05/19 {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...

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05Sep11:00 amEST

Here Comes That Knock Again...

Despite an ugly post-earnings move lower in software growth play MDB, which seems to be upsetting some of the upside momentum software enjoyed yesterday, the China trade talks optimism combined with some upbeat macro data is sending the major averages much higher this morning. Both QQQ and SPY are breaking their respective ranges higher to...

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04Sep3:54 pmEST

Stock Market Recap 09/04/19 {Video}

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04Sep10:07 amEST

Coup d'état in Software

(Napoleon Bonaparte addresses the Council of Five Hundred during the Coup of 18 Brumaire) A sharp post-earnings gap higher in emerging software leader Coupa Software Inc. looks to have temporarily stopped the bleeding in what has been a lackluster performance by most software-related firms in recent weeks. While it may be a tad early to...

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03Sep3:40 pmEST

The Lighter and Darker Side of a Range

GM looks like a viable short idea, possibly bear-flagging on its daily chart, first below, underneath all moving averages.  On the other side of the tape, LRCX continues to exude excellent relative strength among the chips, seen on the second daily chart.  In order for bulls to find a silver lining to today's action in the broad market, it is...

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03Sep10:54 amEST

Comically Choppy Narrow Range

On the QQQ, at least, we have the comically choppy, narrow range from August spilling over into September.  Case in point, note the updated QQQ (ETF for the top 100 stocks in the Nasdaq Composite, by the way, which is the epitome of very best tech firms, essentially) daily chart, below, shows the moving average "sandwich" we tracked for Members...

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02Sep3:32 pmEST

Labor Day Overview and Analysis 09/02/19 {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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30Aug8:46 amEST

Hurricane Dorian Plays

Potential natural disasters, such as Hurricane Dorian currently barreling towards Florida, remind us of just how helpless we can be at times when it comes to Mother Nature. As traders, no one is rooting for death and destruction. Instead, we are simply aligning our views with reality--If Dorian strikes Florida hard then we want to be armed with...

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28Aug10:46 amEST

Invert, Always Invert

“Invert, always invert: Turn a situation or problem upside down. Look at it backward.”  -Charlie Munger All of this talk regarding the inverted yield curve certainly has me conjuring up the old Charlie Munger quote, above, although I recognize he was not referring to the bond market at all.  Still, "inversion" is the hot topic do jour again...

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