Daily Archives: April 4, 2024
Showing articles 1 - 3 (3 total)
24Jul2:50 pmEST
Methodical Warriors
We are methodical warriors inside Market Chess Subscription Services today , playing the short side of Russia overnight (RUSS long), with plenty of members short semiconductors and financials, too. In addition, I am working a piece of a day-trade long in a large gold miner. As you can see on the gold metal ETF itself, below, on the daily...
24Jul12:38 pmEST
Aiming at the Same Target
A recurring thesis covered in the full-length Member videos inside Market Chess Subscription Services has been the confluence of the 2100 (big, round number) level on the S&P 500 Index along with the 50-day simple moving average (dark blue line). Our thesis has been that too many market players have assumed this area would serve as support,...
24Jul10:22 amEST
Earnings Beats Striking an Odd Cord
AMZN SBUX V are surging this morning, while AAL SWKS are fading to red as I write this after all five issues were up impressively last evening after earnings. Beyond that, BIIB, the major biotechnology title, is gapping down hard from what had been a suspect consolidation for months. The impressive earnings beats and rallies in AMZN SBUX V may...