Daily Archives: January 1, 2022

Showing articles 1 - 4 (4 total)

23Nov5:22 pmEST

Stock Market Recap 11/23/15 {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...

23Nov3:14 pmEST

EA Sports: It's in the Gamestop

Working our way through the final hour of today's session, small caps, biotech, and the likes of NFLX continue to lead the market even as we fade well off the highs of the day. For now, it appears to be just an initial holiday week shakeout. However, we have indeed seen surprisingly bloody Thanksgiving weeks before, namely in 2011.  At the...

23Nov12:34 pmEST

Latecomer Chipotle Shorts Need to Avoid Getting Barbacoa'd

After the E. coli news in recent weeks, CMG is staging a relief rally today from oversold weekly chart conditions, seen below.  After plunging in a virtual straight line down over the last month, the stock hit the lower weekly oversold Bollinger Band marking intermediate-term rather oversold conditions. At the moment, I would look for a test of...

23Nov10:46 amEST

Team Defense

Despite concerning price action in the likes of CHK last week, not to mention the energy-filled HYG JNK ETFs, you almost get the sense that it is a team effort by energy bulls to defend the 50-day moving average on the XLE, energy sector ETF and pictured below on the daily timeframe.  As long as that dark blue line continues to hold, it is...


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