Monthly Archives: July 2015
Showing articles 41 - 50 (96 total)
20Jul10:19 amEST
Undesirable Currency
Gold and its derivative miners continue to swoon this morning, with the charts of GDX GDXJ and GLD all gapping free and clear their lower respective daily chart Bollinger Bands. In addition, they had all been in recent, multi-week downtrends before last Friday's sharp plunge. And, of course, they all remain mired in multi-year bear markets. The...
19Jul1:55 pmEST
Weekend Overview and Analysis 07/19/15
The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend 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. Please click here for...
18Jul9:10 pmEST
Saturday Night at Market Chess Cinemas
The Sorrow and the Pity (1969), or "Le chagrin et la pitié," is likely the best documentary from the 1970s which few have seen or recall. Written and directed by Marcel Ophüls, the documentary chronicles actual French life under the Nazi occupation, which is an overlooked but worthwhile topic of World War...
18Jul11:32 amEST
Game Theorist's Guide to Buying a Car: The Cardinal Sin
Here is a good Saturday video about using game theory to buy a car.
17Jul4:03 pmEST
Stock Market Recap 07/17/15 {Video}
If you enjoy my blog posts and videos, then I would encourage you to please click here for more details about joining Market Chess Subscription Services for plenty of value-additive features at a reasonable price. Enjoy the video, and have a great weekend!
17Jul12:33 pmEST
And the S&P is Saying, "Whaddya Want from Me?"
Compare and contrast the Nasdaq ETF's intraday chart, first below, versus that of the Russell 2000 Index's ETF, second below, also on the five-minute frame. We have the potential for a trend day higher in one, and a trend day down (using the loose definitions of trend day, there) in the other. Indeed, it is that kind of market where, as we...
17Jul10:20 amEST
Masking the Action with Eyes Wide Shut
Equities are beginning to take on a classic late-innings feel, with most momentum traders congregating around a select few popular tickers as the advance/decline line signals weakness below the surface. Granted, it is early on and, granted, this bull market has cast aside one divergence after the next. But with respect to increasing or pressing...
16Jul5:16 pmEST
Stock Market Recap 07/16/15 {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...
16Jul3:05 pmEST
Smelling Blood in the Oily Water
With crude oil's upside reversal candlestick last Tuesday not yet confirmed higher, you get the sense that oil bears are ready to sink their paws into trapped longs who have been rather complacently assuming a bottom in the energy complex for a while now. Throughout today's session, crude has failed to hold bounces which looked somewhat...
16Jul12:28 pmEST
Stretched Out After Earnings
Netflix is leading the charge higher after earnings, maintaining its status as a marquee market winner. In addition, Google is attempting to emerge from a very long corrective period, since early-2014, headed into its own earnings report tonight. While that is playing out, mega cap Intel is seeing a monstrous initial gap higher last night...