Daily Archives: October 10, 2021

Showing articles 1 - 4 (4 total)

02Jun5:17 pmEST

Stock Market Recap 06/02/15 {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...

02Jun3:08 pmEST

Now it Can Do Whatever it Wants

First Solar is a short idea we have been noting inside Market Chess Subscription Services  for a while now, with the stock "leaning down" against well-defined support and eventually filling its gap below.  Now that we have seen the gap-fill, though, it is anyone's guess as to what happens next. Savvy shorts have likely covered part or all of...

02Jun12:31 pmEST

Mind the Correlated Paths

Just as quickly as the U.S. Dollar's rally yesterday seems to throw a wet blanket on many commodities, today the greenback's weakness down below the highlighted bull flag (on the daily chart of the Dollar ETF) could easily be galvanizing buyers in those same commodities. Specifically, crude oil is near the highs of the session as I write this,...

02Jun10:12 amEST

Tough to Step in Front of This One

Semiconductors have been symbolic of this bull run on many fronts, not only refusing to permit a garden variety correction but consequently surging higher just when it appears the eventually breakdown is nigh.  Recently, the spurt of big-time M&A activity added fuel the fire for some of the comically steep long-term trends, such as that of...

 
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