Trading Ideas

18Mar2:36 pmEST

Not Necessary for Lightning to Strike Twice

The headline this morning read that FIS is set to buy Worldpay, an E-Commerce payments processor, for $34 billion. For a while now, we know that the payments space has been exuding impressive growth and has often enjoyed obvious institutional sponsorship.  So even if more M&A does not come (i.e. lightning striking twice), we still want to keep...

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15Mar2:01 pmEST

Medical Device Strength {Video}

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13Mar3:27 pmEST

The Cactus League is Not Just for Baseball

With Major League Baseball's spring training in full swing, including the west coast Cactus League, we ought to think of another Cactus which is rather impressive in the energy patch.  As one of our Members astutely noted, WHD, the ticker symbol for Cactus Wellhead, the leading manufacturer of pressure control equipment used during drilling,...

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13Mar11:04 amEST

Drugs and More Drugs for a Drugged-Up World

News of activist investor Nelson Peltz getting involved with Aurora Cannabis (ACB) as Strategic Adviser seems to add further credence to the notion that pot stocks are here to stay and likely will only gather steam in the coming quarters as the industry becomes more mainstream. Indeed, names like ACB APHA CGC CRON TLRY, even NBEV, have become a...

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12Mar4:57 pmEST

Stock Market Recap 03/12/19 {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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12Mar3:53 pmEST

Stop Breaking My Brexit

The Brexit drama seems like it will never end, likely serving as nothing more than a distraction from some of the developments across a variety of markets. We have covered quite a few of these emerging sectors for Members, and continue to monitor the action in, say, silver very closely.  Also note the strength in some medical device plays...

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12Mar10:45 amEST

A Regular Cottage Industry of Hot Stocks

All of the derivative plays sprouting from the Uber/Lyft ride-sharing popularity are sure to attract some hot money, and HyreCar (HYRE) is a pretty good example of that phenomenon. HYRE has earnings coming up this Thursday. But the stock is already trading we'll ahead of its average volume today and is sporting an enticing chart for a quick...

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11Mar11:48 amEST

Name Another Semiconductor Stock Which Can Get Bought for $7 Billion

News of chipmaker Nvidia (NVDA) buying Mellanox (MLNX) for $6.9 billion to accelerate its push into the data center looks to be more than enough of a bright spot for bulls this morning to offset the awful Boeing news and sizable gap down.  In fact, the NVDA for MLNX is seeing shares of NVDA rally, too, which is often a particularly bullish sign...

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08Mar3:03 pmEST

It's Déjà Vu All Over Again {Video}

As equities finally slumped, it was a strong week for gold miners in the face of U.S. Dollar strength. We have seen this before, though, without too much in the way of sustained upside.  Is it déjà vu all over again? We examine that issue in the following video, where gold bugs have another excellent opportunity. 

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07Mar10:50 amEST

Objective Observations

A sizable opening push lower in the broad market is driving home the message that this tape is still correcting part of the two-month rally since Christmas. In front of a widely-anticipated jobs number tomorrow morning, bears are wrestling for the initiative with plenty of technical reference points on the line, having prevented bulls from...

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06Mar3:34 pmEST

Stock Market Recap 03/06/19 {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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06Mar3:29 pmEST

Quite the Straight-Line Path

A wide spread between the glaring weakness in the IWM, ETF for the small cap stocks housed in the Russell 2000 Index, versus a large cap tech "FANG" name like NFLX today (currently up by more than 1%) is just one feature of a market likely correcting a one-way rally since Christmas. Recall that during the post-Christmas rally we saw the FANG...

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06Mar11:10 amEST

When All Else Fails, We Go Gambling in Macau

On the back of some gaming numbers out of Macau which showed revenue rebounding slightly in February, two of the more intimately-related Macau gambling plays are faring rather well this morning.  Both LVS and especially MLCO (a pure play on Macau as opposed to Las Vegas Sands) are notably green in a weak overall tape. Of the two, MLCO is the...

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05Mar5:26 pmEST

Stock Market Recap 03/05/19 {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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05Mar3:35 pmEST

There's a Lot Going on Here

Much like in the painting above, there is an awful lot going on in this market right now. Specifically, the rise in speculative fervor for particularly high beta, riskier parts of the market like pot stocks, China internet names, and those infamous blockchain/crypto plays back in focus for hot money traders. To be sure, it remains to be seen...

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04Mar5:16 pmEST

Stock Market Recap 03/04/19 {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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04Mar11:21 amEST

Sticking to Discipline

Despite green futures overnight and more M&A with biotech NITE being bought at a nice premium by BIIB this morning, the glaring weakness in the enterprise software (IGV) and cybersecurity (HACK) sector ETFs compels me to part ways with two longs I would prefer to hold, NEWR and SCWX. Although it may be just a morning shakeout, I am respecting...

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01Mar11:10 amEST

Patience Paying Off

The indices are still green but well off their opening high as I write this, forcing us to consider, yet again, just how priced in the "good news" is for the near-term. If we suffer a deep red close today, headed into the weekend of a new month, that would perhaps be more of a blinking red light than any of the previously mild fades we have...

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28Feb3:27 pmEST

Sending Everything Through the Proper Channels

Seven-to-ten years ago I probably would have attached a rather provocative photo of a sexy woman with a blog post regarding Lululemon's stock and chart. And while I still, ahem, have the joie de vivre regarding beautiful women, growing older has meant learning to channel energy properly, more than anything else.  On that note, as we work our...

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28Feb11:05 amEST

Don't Get High on Your Own Overhead Supply

One of the more interesting aspects about the two-month rally which commenced on Christmas is how universal the opinion seems to be from market players and pundits alike that the current tape is rather extended as the major indices are seemingly bumping their respective heads against prior, tough resistance from late-2018.  On the surface, that...

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