Daily Archives: March 3, 2024
Showing articles 1 - 4 (4 total)
04Aug3:44 pmEST
Stock Market Recap 08/04/16 {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...
04Aug3:43 pmEST
Time to Negotiate Some Jobs
In front of PCLN earnings tonight, then the jobs report tomorrow morning before the bell, stocks remain in a very narrow range dating back to July 14th on the S&P 500 Index. Much like Tesla Motors, which is still stuck in its own multi-year range, PCLN is a market leader which has actually been sideways since early-2014, too. On the monthly...
04Aug12:58 pmEST
An Arbitrage Play of Sorts
Along with Disney, McDonald's is quietly turning in a lackluster performance in the market. Just as with DIS, MCD may be suffering the effects of a long in the tooth multi-year bull run, as the seemingly can't-miss blue chip name has noticeably lagged other fast food players like JACK QSR YUM since Memorial Day. But one name have played...
04Aug10:41 amEST
Close Range Photography
Tomorrow morning's jobs report may very well prove to be the excuse this rangebound market at all-time highs needs to commence its next directional move. On the S&P 500 Index daily timeframe, below, note the Bollinger Bands "pinched" after the narrow sideways movement since mid-July. From periods of compression in the market often come...