Daily Archives: March 3, 2024
Showing articles 1 - 4 (4 total)
09Jan3:49 pmEST
Stock Market Recap 01/09/17 {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...
09Jan3:37 pmEST
An Apolitical Inauguration Play
Love it, hate it, or phlegmatic to it, the inauguration of Donald J. Trump as forty-fifth President of the United States will take place on Friday, January 20th. In terms of "Inauguration Day" stock plays, it may be a stretch to overdo it. But MGM does have a brand new property down in Washington Harbor, not far from the White House. In...
09Jan1:07 pmEST
Red and Green, Loud and Clear
The interplay between the U.S. Dollar and precious miners is a bit more pronounced today, with the Dollar ETF (below, on the daily timeframe) dipping below a well-defined rising price channel. In light of the Dollar weakness, precious miners are breathing a more pronounced sigh of relief. In particular, the higher beta junior gold miners in...
09Jan10:39 amEST
Taylor Ham, Egg, and Biotech on a Roll
Two segments of the market stand out this morning into an otherwise soft open. Both Apple and several of its suppliers, like CRUS, are out of the gate impressively. But so are select biotechnology issues, namely ARIA EXAS and INCY. As we know, biotech struggled mightily throughout most of 2016. And if bulls can turn that ship around this year...