Daily Archives: March 3, 2024
Showing articles 1 - 4 (4 total)
29Sep3:52 pmEST
Stock Market Recap 09/29/16 {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...
29Sep3:51 pmEST
There's the Rub
Headed into the bell on what has been a wild session, the mega caps in the Dow look rather ominous and perhaps headed towards a major break. But the Nasdaq and small caps balance out the pessimism, with the QQQ ETF still above its 20-day simple moving average. Despite the DB concerns and the Dow swooning 200-points intraday, if bears cannot...
29Sep1:24 pmEST
Back for Another Total DB Move
Bulls were well on their way to a fairly mild day of consolidation this morning, especially in light of yesterday's upside reversal, when Deutsche Bank reared its head again and a sharp intraday sell-off ensued. The Dow suddenly found itself down more than 200 points, and the S&P 500 Index actually breached yesterday's lows. I took the...
29Sep10:49 amEST
This Mime Speaks to Us
Mimecast is a name we have been long inside Market Chess Subscription Services, entering at $16.10 last week and looking for immediate upside. Instead, the stock struggled to reclaim its 20-day moving average and then got hit with a 4 million share, dilutive secondary offering earlier this week in the after hours Monday night. The London-based...