Yearly Archives: 2014
Showing articles 151 - 160 (243 total)
01Dec12:08 pmEST
The Signs Are Changing
The sharp upside reversal in the precious metals and miners from the drubbing in the futures is quite the development, considering the progress from "losers to winners" that we saw taking place in recent weeks in terms of buyers arriving just when they were previously giving up the ghost. Gold bears were quite vocal last night in the hopes of...
01Dec9:55 amEST
Locking in the Rest of an Energy Winner; Chess Moves
I sold the rest of my ERY long (triple-short energy sector ETF) at $22.21 just now, closing out the final 2% portfolio position it was. I had previously taken partial profits at at $21.66 from my $18.32 entry discussed in this blog post . Energy stocks are trying to bounce fem oversold conditions this morning, which is enough for me to step...
30Nov11:51 pmEST
Late Night Strategy for Monday
Futures are soft, and there are several reasons I outlined in my Weekend Market Film Session to be cautious. Nonetheless, if the holiday rally ensues I am still eyeing the casual dining space. BLMN has an improving chart, seen on the daily timeframe, below. Also watch KONA for another entry over $25.80, but be aware it trades thinly. And on...
30Nov12:24 pmEST
Weekend Market Film Session 11/30/14 {Video}
The following video contains coverage of the broad market, as well as tons of actionable trading ideas for equities and other markets regarding the coming week of 12/01/2014-12/05/2014. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link Click Here
30Nov9:42 amEST
What Does a 30% Chance of Rain Mean?
What Does a 30% Chance of Rain Mean? (Understanding Risk, with Gerd Gigerenzer) via YouTube This is a good Sunday morning video to spend a few minutes on. Hat Tip to my friend Claus (@augustlights) on Twitter for posting this . &feature=youtu.be
29Nov7:15 pmEST
Saturday Night at Market Chess Cinemas
If you have not seen Europa Europa (1990) then you are doing yourself a disservice. In my view, this is the best Holocaust film ever made. Based on the real-life story of Solomon Perel, a Jew in Nazi Germany who got separated from his family and tried to conceal that he is Jewish while joining the Hitler Youth, we see behind enemy lines of...
29Nov11:54 amEST
Bethlehem Steel, The People Who Built America
Here is a good Saturday documentary about how one of the dominant firms in American history rose to prominence and contributed to the nation's success.
28Nov8:36 pmEST
Stop Giving Away Your Power as a Person
“Remember that failure is an event, not a person.” -Zig Ziglar If you cannot take losses, and especially numerous small losses, then you cannot trade over the long-run. That is pretty much my philosophy when it comes to the market, as losses are inevitable in the same way that even the best baseball hitters are successful only 30% of the time....
28Nov11:38 amEST
Two Competitive Plays for the Holiday Shopping Season
BONT NILE are two laggard retail plays which could easily see more of a bid into Christmas. With Black Friday upon us, both stocks are acting well today. BONT is a beaten-down chart and trying to move up off the "right side" of a long, potential base bottom. And NILE is still potentially bull-flagging under well-defined $37 resistance. Keep an...
28Nov10:19 amEST
Locking in Some Fast Gains; Chess Moves
With energy stocks immediately getting pounded after my ERY purchase on Wednesday (ERY is the triple-short ETF for the energy sector), I find myself up a large percentage move in a very brief period of time. As a result, and due to the XLE gapping free and clear below its daily chart Bollinger Band (below), thus rendering it quite oversold...
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About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
