Daily Archives: April 4, 2024
Showing articles 1 - 4 (4 total)
23Feb5:13 pmEST
Stock Market Recap 02/23/16 {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...
23Feb3:40 pmEST
From Russia with Curiosity
Headed into the bell of a grinding sell-off today, we have more earnings after the bell of note, namely FSLR. As we know, many solars have been pummeled of late, namely SCTY SUNE. So, it will be interesting to see if First Solar follow the group down or continues to hold the line. Overall, energy and financials led us lower today, with some...
23Feb12:41 pmEST
Context for the Afternoon
After a fairly slow-moving morning, into the afternoon we are looking at a few day-trading setups which I will run Members through in a Midday Video. Beyond that, some good context will be whether the outlined intraday potential inverse head and shoulders bottom proves true for the small caps, seen on the IWM 5-mnute chart, below. The pattern...
23Feb10:56 amEST
Dimon's Buys Are Forever
A few weeks back, Jamie Dimon, chairman and chief executive of JPMorgan Chase, spent $26 million of his personal fortune to buy his bank's stock, JPM. His buys were cheered as a sign of a bottom for the stock and perhaps the market at-large. Today, JPM and the other big banks in the XLF are getting whacked again, clearly lagging the market. I...