Daily Archives: May 5, 2021

Showing articles 1 - 4 (4 total)

24Sep4:58 pmEST

Stock Market Recap 09/24/15 {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...

24Sep2:56 pmEST

Whoever Spoke Last Set Off the Blast

Amid plenty of interesting moves in commodities today, in front of a Yellen speech tonight, natural gas is printing a fairly textbook reversal to the upside after its inventory report this morning.  Upside follow-through to the bottoming candlestick highlighted with arrows on the ETF daily chart, below, is, of course, necessary (even if not...

24Sep12:31 pmEST

A Nice Save

After some ugly price action yesterday, gold miners found buyers this morning for a gap higher. On the GDX, ETF of the senior gold miners, daily chart, below, note the horizontal light blue line provides well-defined support around the $13 level.  While GLD and SLV, the ETFs for the gold and silver metals, respectively, are nearly or already...

24Sep10:44 amEST

Not So Fast, My Friend

Stocks are pushing lower yet today, with apparently too much traders expecting the usual snapback rally which the market has generously conditioned them to expect in recent years. That generosity, however, may very well prove to be fool's gold, as I suspect plenty of those prior gains have already vanished, and will continue to do so at a rapid...

 
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