Daily Archives: April 4, 2024

Showing articles 1 - 4 (4 total)

30Jul5:05 pmEST

Stock Market Recap 07/30/15 {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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30Jul3:29 pmEST

Does LinkedIn Earnings Deserve Your Full Attention?

With LNKD set to report tonight, we should gain some insight as to whether the social media basket of stocks in the SOCL ETF will continue to weaken, or instead find some type of footing like FB did off the lows today.  AMZN and especially NFLX were impressive today, as the many other parts of the market churned, while TASR gave up some serious...

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30Jul12:29 pmEST

Following the Line

It looks as though buyers continue to valiantly defend the $121.50 level on the Russell 2000 Index small cap ETF, seen below on the 30-minute timeframe, full-well knowing the important of it. This is an area we have observed several times before. And this morning's upside reversal seems to reenforce that notion. Until it is lost, index shorts...

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30Jul10:19 amEST

Fold 'em in the First Round

The possibility of going long WFM as it gapped down, post-earnings, to a major prior price level ($36) was something we discussed as a day-trade idea inside Market Chess Subscription Services  last night into this morning.  However, the setup did not quite unfold in such a way where it was worth the initial day-trade long. Mind you, later...

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