Daily Archives: April 4, 2024

Showing articles 1 - 4 (4 total)

04Apr5:13 pmEST

Stock Market Recap 04/04/16 {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...

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04Apr3:16 pmEST

Putin on a Tough Guy Front

Considering the carnage in crude oil today, not to mention the oil service stocks (first daily chart, below, of the OIH sector ETF) getting soundly rejected off a prior important price area at $27, it is fairly impressive to see Russia not getting pounded.  However, if the RSX (Russia country ETF, second daily chart, below) loses $16 soon, I...

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04Apr1:02 pmEST

From Bobby's Room to Ivey's Room

There is a fairly clear rotation playing out today, with money coming out of some of the more prominent Nasdaq technology issues and rotating down to biotechnology and pharma stocks.  Even with FANG names FB AMZN GOOGL NFLX off session lows as I write this, the QQQ ETF is still in the red while many biotechs squeeze higher off recent base...

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04Apr10:38 amEST

Even a Bad Stallone Movie Has Its Moments

The stock of Cliffs Natural Resources Inc. has not been much of a, well, cliffhanger, in recent years. In fact, CLF has been soundly atrocious, declining from over $100 per share to a recent low of $1.20.  The Cleveland-based iron ore miner sure did flirt with the potential of becoming an outright penny stock. But buyers have attempted to make...

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