Daily Archives: April 4, 2024

Showing articles 1 - 6 (6 total)

26Nov4:24 pmEST

Stock Market Recap 11/26/14 {Video}

The following video contains coverage of relevant broad market issues, as well as plenty of actionable trading ideas across all asset classes. Enjoy tonight's video, and enjoy your evening. HAVE A HAPPY, HEALTHY, AND SAFE THANKSGIVING!  Direct Vimeo Link Click Here

Read More

26Nov2:17 pmEST

Drillers Getting Drilled; Chess Moves

With the weakness in many energy names persisting today, I went long ERY (the triple-short energy sector ETF) at $18.32. I placed 4% of my trading portfolio into this position, with a protective stop-loss below $17 if I am wrong. Energy stocks have shown relative weakness for a while now, along with crude oil. I have seen plenty of...

Read More

26Nov12:25 pmEST

Ready for Round Two

Here is a quick update for another potential entry into UGAZ, the triple-long natural gas ETF. On the UNG daily chart, below, of the straight-up natty ETF, you can see that today's session has seen some wild price swings with the inventory report. Still, it is impressive to see bulls hold the key $22 level I have been observing. If the...

Read More

26Nov10:43 amEST

Ideas Before the Thanksgiving Festivities Begin

HAIN has been a long setup mentioned here for several days now, and the 30-minute chart, first below, shows a nice breakout and subsequent high/tight bull flag consolidation. Watch it over $112.50 for more upside. WYNN is still a short setup, particularly if it breaks $176, below, seen on the second daily chart. In addition, holiday week long...

Read More

26Nov10:05 amEST

The Way I See it, Everybody Takes a Loss Sometimes; Chess Moves

With the resurgent strength in Facebook, I elected to cover my short position, which was 6% of my portfolio, at $76.27 from $74.09 and $73.62 entries for a loss. The short looked promising, but buyers defended the potential breakdown in the near-term. The stock is up against a 50-day moving average, however, and my be back in my short radar if...

Read More

26Nov12:31 amEST

Late Night Strategy for Wednesday

Both RUSL and JNUG, the triple-long ETF's for Russia and the junior gold miners, respectively, will undergo the notorious  reverse split on December 23rd . That news reminds me of some actionable ideas for Wednesday. I am viewing JNUG as a long idea if GDXJ (the straight-up junior gold miner ETF) can clear $29. 80 above. Meanwhile, Russia is...

Read More

 
BackToTop
 

This website is intended for educational purposes only. | © 2024 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site