Daily Archives: September 9, 2022

Showing articles 1 - 4 (4 total)

15Jun3:56 pmEST

Stock Market Recap 06/15/17 {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...

15Jun3:53 pmEST

The Best Time to Buy Snapchat is When There Are Filters in the Street

We have largely eschewed the notion of fooling around with SNAP much since its IPO, mostly due to the lethargic price action and overall trend down.  Today, SNAP is off by more than 4% and acting poorly as I write this, yet again as the stock comes down to test its $17 IPO level.  I will say this: When the DrudgeReport features a...

15Jun1:35 pmEST

Bad News for Disney

Disney seems to be under distribution, and I do not mean it is distributing one of its feature films to movie theaters across the country.  Instead, observing the daily chart, below, DIS seems to be undergoing heavy selling by institutions, as seen by the heavy and steady sell volume bars on the bottom pane of the chart. The drawdown that ESPN...

15Jun10:36 amEST

Stocks Have Suddenly Become a Bunch of Soxists

The Philadelphia Semiconductor Index (or "SOX"), below on the monthly timeframe, may finally be reacting to the massive and legendary overhead supply from the Dot-Com bubble of Wall Street yesteryear. There is a whole can of worms to that argument, though, where many contest the idea that overhead supply (or likely, interested sellers derived...


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