Daily Archives: June 6, 2024

Showing articles 1 - 4 (4 total)

29Dec5:00 pmEST

Stock Market Recap 12/29/15 {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...

29Dec3:37 pmEST

Not the Best Story for Bonds This Year

TLT is weakening further today, seeming lost in the shuffle among the rally in equities.  As you can see on the weekly chart, below, beyond today's move higher in rates (and thus sell-off in Treasuries) is the notion that we may be seeing a sneak preview of what is to come next year, given the highlighted triangle pattern at risk of breaking...

29Dec1:12 pmEST

You're Part of a Team

Lost in the noise of the FIT GPRO post-IPO slop in recent quarters, with each bounce being cheered on in vain, has been the outperformance of a few quality IPOs like SERV ZEN.  In addition, it is still worth watching very recent IPOs like RACE SQ to see if their post-IPO technical, tight sideways price bases resolve higher on daily timeframes...

29Dec10:57 amEST

Tugging Along

It appears as though equites are moving with crude oil rather closely these days, perhaps tugging along with it today. Black Gold's gap higher today negated yesterday's apparent bear flag breakdown on the USO ETF daily chart, as equities also gapped up this morning. At the moment, the FANG gang is still intact, and perhaps will have smooth...


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