Daily Archives: October 10, 2024
Showing articles 1 - 3 (3 total)
30Dec3:59 pmEST
Stock Market Recap 12/30/15 {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...
30Dec12:56 pmEST
The Great Wall of Tesla
Tesla finally conquered its 200-day moving average today, which has been akin to a great brick wall for quite some time for the stock. However, the stock has still been largely rangebound since early-2014, much to the chagrin of momentum traders who enjoyed a fairy smooth ride higher in 2013. On the updated daily chart, below, if TSLA is going...
30Dec10:46 amEST
Still Some Trouble from Above
Despite early strength at the open, small caps are back in the red as I write this, with the IWM ETF still struggling with the $115 level, above. We have been keying off the triangle pattern (of lower highs, but higher lows) forming on ETF throughout December, highlighted below, as a means of providing context to the price action. Overall, the...