Monthly Archives: September 2015
Showing articles 11 - 20 (91 total)
28Sep12:12 pmEST
The New York Mets of the Commodity World
After being a perennial heartbreaker for years on end, natural gas is showing a glimmer of hope this morning, outperforming other commodities by a long shot. On the 30-minute chart for the natural gas ETF, below, as long as $12.30 now converts into support I am looking at natty as potentially setting up for some type of tradable bounce. ...
28Sep10:20 amEST
Find the Generals on This Battlefield
Frequent comparisons from the current market structure to 1998 or 2011 have become more prevalent of late, in terms of market players looking to predict limited downside from here and another leg higher in the coming weeks. However, the more people are keying off those analogs, the less likely it is we will see either scenario actually play out...
27Sep3:15 pmEST
Weekend Overview and Analysis 09/27/15 {Video}
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...
27Sep11:51 amEST
Sunday Matinée at Market Chess Cinemas
On the Waterfront (1954) features an ex-prizefighter who struggles with his connections to union bosses and longshoremen violence in 1950’s Hoboken, New Jersey. Terry Malloy (Marlon Brandon) had a chance to be a contender in the boxing world, until a mob-connected union boss (Johnny Friendly, played by Lee J. Cobb) instructed Malloy’s brother...
26Sep9:28 amEST
Strategy: The Battle of the Midway
Here is a good historical piece about the famous World War II Battle of the Midway, arguably one of the most important battles of the entire war. For our purposes as speculators, it is also a good example of strategy at the highest level, with legendary Admirals on both sides playing the ultimate chess match with everything on the...
25Sep3:54 pmEST
Stock Market Recap 09/25/15 {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!
25Sep12:41 pmEST
Context is King
Since the violent but trend-less price action in the broad market since a sharp sell-off in August, it is more important than ever to focus on staying objective and putting all theses about where the market goes from here into context. Indeed, staying out of trouble in a market climate where huge drawdowns are now the rule for traders, rather...
25Sep10:50 amEST
Bending But Not Breaking
Another Nike earnings beat is helping the Dow Jones Industrial Average hold its morning gains, up nearly 185 points as write this. In addition, banks and semiconductors are bouncing back from mildly oversold conditions we saw yesterday. However, the biotechnology and small market capitalization issues in the IBB and IWM, respectively, are both...
24Sep4:58 pmEST
Stock Market Recap 09/24/15 {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...
24Sep2:56 pmEST
Whoever Spoke Last Set Off the Blast
Amid plenty of interesting moves in commodities today, in front of a Yellen speech tonight, natural gas is printing a fairly textbook reversal to the upside after its inventory report this morning. Upside follow-through to the bottoming candlestick highlighted with arrows on the ETF daily chart, below, is, of course, necessary (even if not...