Daily Archives: April 4, 2024
Showing articles 1 - 4 (4 total)
29Oct4:29 pmEST
Stock Market Recap 10/29/18 {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...
29Oct3:49 pmEST
Operation: Live to Fight Another Day
Risk happens fast. Market like these show just how quickly precious, hard-fought gains can evaporate during corrections. While many insist on being heroes and bottom-fishing what is obviously a deepening correction with a distinct inability to hold bounces, the likely better strategy is to respect the open-strong/close-weak correction...
29Oct2:33 pmEST
The Reality of the Situation
As it turns, viewing both leaders like AMZN GOOGL NFLX and exhilarating M&A like the IBM for RHT deal today as potential knights in shining armour to help rescue bulls from a correcting market is a much tougher proposition than many had anticipated. Currently, all major indices are well off their morning highs, with the QQQ now down a stunning...
29Oct10:32 amEST
Outline of a Cold Autumn Market
A $34 billion IBM for RHT deal in software at a hefty premium seems to have helped propel another attempt at a relief rally in the broad market this morning. As I write this, most of the major averages are higher anywhere from 1.3% to 1.66%. Once again, the pertinent issue for us is whether bulls can hang onto these early gains, a fairly...