Daily Archives: April 4, 2024

Showing articles 1 - 4 (4 total)

31May5:02 pmEST

Stock Market Recap 05/31/16 {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...

31May3:38 pmEST

Having a Good Stretch

Energy has been enjoying a good couple of weeks directly in the face of the U.S. Dollar rally, making the bounce for USO and XLE all the more impressive as other commodities and miners corrected.  Still, it is worth noting that energy titan and, arguably, a good "tell" for the XLE, Exxon Mobile, is signaling some short-term caution today.  On...

31May12:59 pmEST

Losers Getting the Love

The theme we saw at various intervals in recent weeks, of beaten-down high beta issues like GPRO TWTR catching a bid and exuding relative strength, is persisting the first day back from holiday.  In addition to TWTR, we have the likes of LNKD and some badly-beaten biotech outperforming. TASR has enjoyed something of a renaissance of late, too. ...

31May10:48 amEST

Holiday Hangover Slowing Things Down

Despite a hefty premium for the CPXX buyout by JAZZ, and CLF surging on the deal with MT, upside momentum in the broad market was initially blunted out of the gate this morning.  AMZN is still acting well among leaders, but other names like CMG may be vulnerable to cracking again, on top of some glaring relative weakness out of MCD SBUX. ...

 
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