Monthly Archives: November 2015
Showing articles 41 - 50 (89 total)
16Nov2:38 pmEST
A Strong Attempt to Get Back Into Power
In the face of bad news, stocks are snapping back hard this afternoon. The morning weakness in several key parts of the market is abating, for now, as the volatility index is getting decimated. For perspective, the Russell 2000 Index ETF, below on the updated 30-minute chart, are still well below their breakdown level from last week, with the...
16Nov12:38 pmEST
Keep Tabs on These Argentinian Delicacies
Both BFR and GGAL, two South American banks headquartered in Argentina, have been acting better, technically, than many large U.S. banks of late. On the daily chart of BFR, below, for example, note the tight basing pattern over all major moving averages. GGAL has a similar chart, as well. Both BFR and GGAL report earnings this Wednesday,...
16Nov10:32 amEST
A Double Whammy
If rates do keep going higher, it would likely only add credence to the idea that retail plays with REIT exposure, such as Dillard's, have broken trend for a meaningful period of time. One of our Members pointed out the DDS shellacking earlier this morning, magnifying the continued weakness in many consumer-related areas. But the REIT...
15Nov2:46 pmEST
Weekend Overview and Analysis 11/15/15 {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...
15Nov11:22 amEST
Sunday Matinée at Market Chess Cinemas
With France headlining the news, unfortunately in this context, and in everyone's thoughts, let us therefore shed light on a terrific French film for some silver lining. An excellent World War II/Holocaust film that does not get nearly the credit it deserves is the Louis Malle-directed masterpiece, Au Revoir Les Enfants (1987). Gritty and...
14Nov1:12 pmEST
You Want it to Be One Way
Luck, by definition, is streaky. The streaks, even outliers, at times can seem like the norm. But just as in most forms of gambling it is the very acceptance of the new paradigm which actually leads most speculators to ruin when the smoke-and-mirrors is lifted and markets change again, as they inevitably do. If you play enough poker, for...
13Nov4:05 pmEST
Stock Market Recap 11/13/15 {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!
13Nov12:36 pmEST
A Strong Dollar Speaks Louder Than All the Fed's Jawboning Combined
Against a backdrop of a perpetual "race to the bottom" in the central banking currency wars, the U.S. Dollar has largely held onto its gains from last Friday's gap up on the jobs report. The weekly chart breakout of the greenback is something we have looked at previously. And as long as that technical bull thesis remans intact I do not yet see...
13Nov10:28 amEST
Emerging from the Morning Fog
The first order of business for us, inside Market Chess Subscription Services, was taking advantage of this morning's weakness. As we discussed yesterday, sentiment seems to be rather subdued on this market pullback, with many assuming automatic support levels would hold and that the market had definitely bottomed since late-September despite...
12Nov5:15 pmEST
Stock Market Recap 11/12/15 {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...