Monthly Archives: February 2018
Showing articles 1 - 10 (74 total)
28Feb3:28 pmEST
Stock Market Recap 02/28/18 {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...
28Feb3:25 pmEST
This Market Has a Napoleon Complex
Although it is true that the Nasdaq stocks housed in the QQQ are actually still green as I write this, the truth of the matter is that the small caps in the Russell 2000 Index (or IWM ETF) are displaying such ostentatious price action as to demand our attention on a daily chart more closely than usual. The reason why the little guys command our...
28Feb1:16 pmEST
Golf's Comeback: A Good Walk, and Downtrend, Spoiled
Callaway Golf (ELY) is a much more focused way to play the resurgence of golf's popularity these days, largely tied to Tiger Woods, especially compared to Dick's Sporting Goods, which is suddenly in the news as a political hot-button issue. Tiger will be on full display in April at The Masters Tournament in Augusta, Georgia (a tradition unlike...
28Feb10:26 amEST
Three-Card Monte Market
At least on some level, the selling we saw throughout yesterday's session now seems to be the market's way of expressing dismay with the new Fed Chair's grilling by Congress. But even if yesterday was a mere shakeout, bulls are answering the bell once again this morning in terms of calming thing down after what was an ugly close. If nothing...
27Feb3:43 pmEST
Stock Market Recap 02/27/18 {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...
27Feb3:42 pmEST
Double Dare to Call a Double Top
All things consider, double-tops and double-bottoms tend to be vastly overrated chart patterns, as they are usually identified by traders well in advance of them being close to confirmed reversal formations. As a result, they are often nothing more than an academic exercise, at best, or a distraction and exercise in futility or even portfolio...
27Feb1:52 pmEST
Here's How to Tell if Macy's Truly Survived the Rough Retail Seas
Despite having its back against the wall for a while now, a fair amount of iconic but seemingly on-their-way-out retail brand names, like Macy's, seem to be inclined to put up rather than shut up (and shut their doors) for now. To be fair, a plethora of bullish factors aligned to help retailers are putting many in a position where they should...
27Feb10:08 amEST
It was Supposed to Be a Non-Judgmental Fed Intervention!
After all of these years since The Fed stepped in as a more active market participant than at any point in its history, markets remain sensitive to any and all things uttered by Fed heads and, especially, new Fed Chairman, Jerome Powell. Chair Powell is holding his ground early on, assuring markets that some volatility will not spook him from g...
26Feb3:53 pmEST
Stock Market Recap 02/26/18 {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...
26Feb3:48 pmEST
General Zhukov Gets to Berlin First
With geopolitical risks admittedly lurking in the background, one can still simply not deny that Russia has been on a tear to the upside. Merely keying off the RSX country ETF will reveal as much. YNDX is an internet play related to Russia we have been long inside the VIP arm of the service as an investment. But there is another angle to the...