Daily Archives: September 9, 2024

Showing articles 1 - 4 (4 total)

06May5:02 pmEST

Stock Market Recap 05/06/15 {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...

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06May2:57 pmEST

Navigating the Bumpy Streets

The small caps in the Russell 2000 may be outperforming the other indices a bit today, but we have been watching some specific levels all day inside Market Chess Subscription Services  in order to at least stay out of trouble with longs. Indeed, it is worth noting that in choppy and/or corrective markets, even the most attractive of long...

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06May12:28 pmEST

A Noir-ish Feel to the Rally in Crude

While crude oil gapped up this morning (and faded a bit off the highs as I write this), energy stocks remain suspiciously soft as a whole. Specifically, the likes of CHK is reversing down, and, more importantly, the XLE (energy sector ETF) is actually flirting with a breakdown from a long, sideways range.  This type of action reinforces the...

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06May10:21 amEST

Summer Dishes Are Almost Done Already

Well, that was fast. After its earnings gap lower last week, TWTR hit a low of $36.52 this morning, within shot of the $36 level I had expected to be hit sometime this summer. (The updated weekly chart, below, shows the prior price memory at $36).  It may very well come sooner than that, or perhaps has already passed if $36.52 is all she wrote....

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