Monthly Archives: November 2015
Showing articles 61 - 70 (89 total)
10Nov10:36 amEST
The Tide Went Out
On social media yesterday, we were observing the Russell 2000 Index small cap ETF, IWM, on the 30-minute timeframe. Specifically, price had been working through a broadening channel, with $117.30 acting as rough support, tested multiple timeframes before a late-day bounce off it. This morning, however, sees sellers attempting to regain...
09Nov5:06 pmEST
Stock Market Recap 11/09/15 {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...
09Nov2:10 pmEST
Season Two Trailer for "Better Call Saul"
Let's take a quick break from the market action to check out the recently-released trailer for one of the better shows on television, on AMC: "Better Call Saul," which is a comedy/thriller spin-off of the legendary "Breaking Bad." The second season is likely to come out in early-2016.
09Nov12:46 pmEST
Two Different Horses in the Race
Working through the mid-day portion of the trading session, here are two separate ideas, a long and a short. PACB, on the first daily chart, below, is one of the "cleaner" biotech charts out there, price basing tightly to compliment a strong buy volume pattern. If the market rallies back to green today I suspect this one should do well. And...
09Nov10:45 amEST
Negotiate This Chart for the Holidays
After earnings this morning, Priceline is gapping back down below its prior breakout level from well-defined resistance, roughly $1,395. This type of price action now sets up some goalposts for bulls and bears, where bulls likely need price back over that level to resume the bull run, while bears can place cover-stops above it while shooting...
08Nov2:13 pmEST
Weekend Overview and Analysis 11/08/15 {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...
07Nov2:34 pmEST
Saturday Night at Market Chess Cinemas
La Femme Nikita (1990) is a very good Franco-Italian thriller, serving as Luc Besson's vehicle to be an auteur as both writer and director. As the title implies, this is a classic, noir, femme fatale film, with a bad girl female lead condemned to death for the murder of a policeman. She is given a second chance, however, as a...
07Nov12:30 pmEST
Stop Wasting Your Time on These 25 Things, Starting Now
The following is a great list, courtesy of the Marc and Angel Hack Life blog, applicable to trading, markets, and the lifestyle of a speculator/gambler, on many fronts. Indeed, trading is the ultimate challenge in mental and emotional toughness, with too many allowing short-term emotions to propel them too high or spiral too far down into...
06Nov4:12 pmEST
Stock Market Recap 11/06/15 {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!
06Nov12:48 pmEST
A Post-Halloween Feast
Both BABA and SHAK are two pretty good examples today of the danger in assuming a downtrending stock has bottomed and has commenced a new uptrend. Famed short-seller James Chanos is out with bearish commentary on BABA today. But the stock already had shown signs of struggling at the $85 level after a steep rally into Halloween. Moreover, the...