Daily Archives: April 4, 2024
Showing articles 1 - 4 (4 total)
29Nov3:49 pmEST
Stock Market Recap 11/29/17 {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...
29Nov3:48 pmEST
Reduce and Realign
Much like the photo above, it is rather easy to view today's market action as a major peak or "top." But beyond the tech drubbing, which is only one day so far, the reality is that plenty of other sectors seem to be happily enjoying sector rotation. We need to pay close attention in the coming days to see whether these rotations have legs. As...
29Nov1:01 pmEST
Potato, Potahto, NVIDIA, Nevada: Don't Call the Whole Tech Off
Although we generally do not want to become too bearish, too soon on this historically resilient market, the aggressive selloff in the Nasdaq today is occurring on notably heavy volume in the midst of a classic sector rotation. I will flesh out what that rotation means, and some more actionable ideas stemming from it, in my usual Midday Video...
29Nov10:43 amEST
Late-Stage Waves
The clear rotation this morning down away from "FANG" plays and the general Nasdaq Composite Index towards banks, brokers, insurers, and retail stocks smacks of late-stage bull market rotations. When we think of "late-stage" moves, in may conjure up a variety of scenarios, though. Those who have been rooting for a market top will look for an...