Monthly Archives: November 2018
Showing articles 1 - 10 (46 total)
30Nov10:39 amEST
Apple, Goldman, Oil Continue the Heel Turn
via Quora.com : "Turning heel" means that a player is shifting from a "face" persona to a "heel" persona, or turning from a "good guy" to a "bad guy." One of the most famous examples of someone "turning heel" is probably when Hulk Hogan was reintroduced as "Hollywood Hogan" and joined the New World Order. Shares of Apple, Goldman Sachs,...
29Nov5:25 pmEST
Stock Market Recap 11/29/18 {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...
29Nov2:38 pmEST
Christmas Market
With some of the fear and indecision regarding political and monetary headlines abating today, the major averages are back in the green as I write this. Indeed, the small cap bullish divergence we noted with Members this morning continued to play out and likely turned the tables on shorts and volatility longs who were pressing for a complete...
29Nov10:58 amEST
The Road is About to Take Some Twists
In this day and age of thinking about markets in primitive terms of either "risk on," or "risk off," the last few days of rallying is being met with a morning dip, as we speak. Naturally, when many a trader quickly morphs into a "risk on" mindset, especially on the back of yesterday's post-Powell explosive rally (not to mention a classic...
28Nov5:28 pmEST
Stock Market Recap 11/28/18 {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...
28Nov3:33 pmEST
Crossing Over from Fall to Christmas
Since the broad market correction began, you will note on the bottom pane of the QQQ ETF weekly chart, below, that the RSI has been pinned below its 5-week moving average, a standard measure for this indicator. For reference, the RSI is an acronym for the "Relative Strength Index," used to identify changes in technical momentum. On any given...
28Nov10:57 amEST
Health Scares Be Darned: Chipotle is Back
Brian Niccol, Chipotle Mexican Grill's CEO since February, has impressed the market enough to the point where the stock essentially did not even flinch during this autumnal correction. The restaurant company's digital strategy, above all else, figures to be at the heart of the future growth prospects. But, let us not beat around the bush...
27Nov10:54 amEST
Shop 'til You Drop; Chop 'til You Drop
Despite some more tough trade war talk by President Trump last evening after the closing bell, specifically directed at Apple, the Nasdaq looks to be doing a fair amount of heavy lifting this morning in an otherwise choppy tape. While the SPY (S&P 500 Index's ETF) is still trying to decisively leave $267 in the dust to sustain a relief rally,...
26Nov4:34 pmEST
Stock Market Recap 11/26/18 {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...