Daily Archives: April 4, 2024
Showing articles 1 - 4 (4 total)
13Aug5:17 pmEST
Stock Market Recap 08/13/15 {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...
13Aug3:34 pmEST
Talk is Cheap and Overtrading is Expensive
We have a market on our hands which is uniquely fit for hindsight trading, with each mini-peak and valley in the context of a sideways range lends itself to looking back in lieu of focusing on the present. While the market did stage an impressive reversal yesterday (the S&P's largest in several years, according to some statistics I have seen),...
13Aug12:35 pmEST
Who is Flying the Energy Plane?
Crude oil continues to plunge, unable to hold what could have easily been an overdue snapback rally yesterday, amid energy stocks rallying and bullishly diverging for several days now. And, yet, the action is scatterbrained today, with XOM green, while COP is down nearly 3%, for example. Moreover, the glaring laggards from yesterday, such as...
13Aug10:33 amEST
No Easy Way Out of This Town
Yesterday's sharp upside reversal in the market is taking a breather today, while beaten-down solars names like SEDG SUNE catch oversold bounces. In addition, mature tech name CSCO is seeing a post-earnings rally. Overall, though, the action is tame following the fireworks we saw yesterday afternoon. In addition to watching the biotech issues...