Daily Archives: April 4, 2024

Showing articles 1 - 4 (4 total)

20Apr5:08 pmEST

Stock Market Recap 04/20/16 {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...

20Apr3:24 pmEST

King Dollar Down, But Not Defeated

Those declaring the end of the greenback may still be a bit too early, despite the ferocious rally in commodity stocks and most things "inflationary," of late.  The UUP, ETF for the U.S. Dollar versus a basket of developed economies' currencies, did indeed lose fifteen-month support (lower light blue line on daily chart, below) over the last...

20Apr12:58 pmEST

Alternatives to Funyuns, Easy Cheese, and Bugles on 4/20

In lieu of the usual "munchies" on 4/20, fast food plays SONC and WEN appear to be setting up nicely on daily timeframes, below. Note the surge in recent months, followed by an orderly drift down to their respective 20-day moving averages over the last few weeks. If we see some rotation away from MCD down to other fast food plays, these two...

20Apr10:55 amEST

The Greatest Hustler Who Ever Lived

Berkshire Hathaway owns roughly 400,000,000 shares of The Coca Cola Company, one of Warren Buffett's core holdings and the type of durable company and brand he once mentioned he could sleep at night even if he had put every dime to his name in the stock. As an aside, I am sure Buffett also loses very little sleep about fellow billionaire Bill...

 
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