Daily Archives: December 12, 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...

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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...

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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...

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