Daily Archives: March 3, 2024

Showing articles 1 - 5 (5 total)

28May5:10 pmEST

Stock Market Recap 05/28/15 {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...

28May2:58 pmEST

Sizing Up the Fight

Despite another failure by bears to follow-through lower on the sell-off earlier this week, bulls have not exactly sealed the deal with an upside range breakout either.  Google may very well be a good example of this phenomenon among market leaders, beyond the major averages. On the daily chart, first below, the stock is rangebound though may...

28May12:30 pmEST

A Look at the Energy Complex

I took off the rest of an ERY long this morning inside Market Chess Subscription Services , as a way to play the short side of energy stocks (ERY is the triple-bearish version of the XLE, sector ETF). I may look to reenter the bearish bet after a weak bounce. As for crude itself, on the USO ETF daily chart, below, note that crude is now down...

28May11:23 amEST

Magnus Carlsen Blind at the Sohn Conference

Hat Tip: @Dasan on Twitter for the link

28May10:05 amEST

Aspirational No More

Given the vast array of earnings blow-ups in the retail sector this reporting season, it seems as thigh the aspirational customer, meaning upper-middle class and more or less resorting to purchasing a modified group of luxury brands to sample the "baller" lifestyle, has been trading back down to a more humble line.  Specifically, the likes of...

 
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