Daily Archives: September 9, 2024
Showing articles 1 - 4 (4 total)
05May5:02 pmEST
Stock Market Recap 05/05/15 {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...
05May2:40 pmEST
The Summer Dance of Bear Hope
While the momentum blow-ups this earnings season in LNKD TWTR YELP, and now QLYS, may be enough ammunition for hopeful bears to declare a correction imminent, this particular bull market has been resilient enough to previously shrug off those types of moves in the past. But when it comes to a heavyweight market cap sector such as the...
05May12:22 pmEST
Play it Safe with Baba Booey
BABA has been a short idea we have been charting in recent sessions, as the $80 level failed to hold for the controversial stock. Earnings, however, are coming up later this week, on Thursday, which of course can trump this chart one way or the other. Into big strength, $80 then $86 would be levels of interest upside, whereas a major...
05May10:11 amEST
Making a Statement with the Dollar
Even with the U.S. Dollar ETF, seen below on the daily timeframe for UUP, trying to stabilize at its 100-day moving average and green this morning, select commodities are flexing, namely crude oil. In addiiton, natural gas has been on a tear of late and may finally be turning the corner into summer. Precious metals remain rather sloppy...