Monthly Archives: November 2014
Showing articles 1 - 10 (91 total)
Futures are soft, and there are several reasons I outlined in my Weekend Market Film Session to be cautious. Nonetheless, if the holiday rally ensues I am still eyeing the casual dining space. BLMN has an improving chart, seen on the daily timeframe, below. Also watch KONA for another entry over $25.80, but be aware it trades thinly. And on...
The following video contains coverage of the broad market, as well as tons of actionable trading ideas for equities and other markets regarding the coming week of 12/01/2014-12/05/2014. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link Click Here
What Does a 30% Chance of Rain Mean? (Understanding Risk, with Gerd Gigerenzer) via YouTube This is a good Sunday morning video to spend a few minutes on. Hat Tip to my friend Claus (@augustlights) on Twitter for posting this . &feature=youtu.be
If you have not seen Europa Europa (1990) then you are doing yourself a disservice. In my view, this is the best Holocaust film ever made. Based on the real-life story of Solomon Perel, a Jew in Nazi Germany who got separated from his family and tried to conceal that he is Jewish while joining the Hitler Youth, we see behind enemy lines of...
Here is a good Saturday documentary about how one of the dominant firms in American history rose to prominence and contributed to the nation's success.
“Remember that failure is an event, not a person.” -Zig Ziglar If you cannot take losses, and especially numerous small losses, then you cannot trade over the long-run. That is pretty much my philosophy when it comes to the market, as losses are inevitable in the same way that even the best baseball hitters are successful only 30% of the time....
BONT NILE are two laggard retail plays which could easily see more of a bid into Christmas. With Black Friday upon us, both stocks are acting well today. BONT is a beaten-down chart and trying to move up off the "right side" of a long, potential base bottom. And NILE is still potentially bull-flagging under well-defined $37 resistance. Keep an...
With energy stocks immediately getting pounded after my ERY purchase on Wednesday (ERY is the triple-short ETF for the energy sector), I find myself up a large percentage move in a very brief period of time. As a result, and due to the XLE gapping free and clear below its daily chart Bollinger Band (below), thus rendering it quite oversold...
With crude oil getting drilled over Thanksgiving break, I expect my ERY long (triple-short the energy sector stocks) to do well on Friday. I may consider adding to the position, discussed in more detail in this blog post on Wednesday, if dip-buyers get stuffed on bounce attempts. As for bottom-fishing crude oil itself, there is no doubt...
First, here is some relaxing music to have on with your Thanksgiving dinner. In addition, here is a great graphic from Deadspin with every state's most distinct Thanksgiving dish. I will be back later tonight with commentary on the swoon in crude oil futures. Enjoy yourselves!