Daily Archives: April 4, 2024

Showing articles 1 - 3 (3 total)

22Apr5:48 pmEST

Stock Market Recap 04/22/19 {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...

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22Apr2:53 pmEST

Dark But Familiar Days for Biotech

This is why we look at charts--Not for our crystal ball predictions, nor for the voodoo of the craft. Instead, we observe charts to help manage and define our risk as serious speculators trading real money.  On the zoomed-out daily chart for IBB, ETF for large cap biotechnology stocks, note how significant the current price level is. Note only...

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22Apr10:26 amEST

It's Gonna Take Patience and Time

Gauging the post-holiday price action early on, even with the JEC for KEYW buyout offer combined with some early relative strength in bios and software it is still more likely than not that this market needs just a bit more time to reset itself before a potential new leg higher. Mind you, that fresh rally may very well come when many market...

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