Daily Archives: March 3, 2024

Showing articles 1 - 4 (4 total)

08Aug4:48 pmEST

Stock Market Recap 08/08/16 {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...

08Aug3:49 pmEST

Hey, Remember Me? Benny Blanco from the Backtest

Into the closing bell, I still have my eye on the $10.80 level above for USO, ETF for crude oil. Given the bounce we have seen in Black Gold, the first stop is the USO 20-day moving average where we are now. But, after that, if bulls hold serve, the $10.80 level which we have looked at so many times as marking prior support and resistance is...

08Aug1:07 pmEST

A Roundabout Way to Get Back

After topping out in late-2013, high end auction house Sotheby's is essentially back up to where it was in the summer 2014, two years ago now.  As you can see on the zoomed-out monthly, below, BID acted as a proxy for bull/bear cycles since the early-1990s, for a variety of reasons.  However, since 2013 no such close correlation has followed...

08Aug10:48 amEST

Explore This Overlooked Segment in Energy

As legend holds, on his way down to Seaside Heights for a weekend full of fist pumping at the club, Giovanni da Verrazano (above, top right) discovered the majority of the eastern coast of America including the Virginia and Delaware Capes, New Jersey, New York Bay, Rhode Island, Narragansett Bay, Massachusetts Bay, and the Maine Coast, for his...

 
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