Monthly Archives: April 2016
Showing articles 81 - 86 (86 total)
04Apr10:38 amEST
Even a Bad Stallone Movie Has Its Moments
The stock of Cliffs Natural Resources Inc. has not been much of a, well, cliffhanger, in recent years. In fact, CLF has been soundly atrocious, declining from over $100 per share to a recent low of $1.20. The Cleveland-based iron ore miner sure did flirt with the potential of becoming an outright penny stock. But buyers have attempted to make...
03Apr3:44 pmEST
Weekend Overview and Analysis 04/03/16 {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 more...
02Apr9:20 pmEST
Saturday Night at Market Chess Cinemas
Rushmore (1998) is a light-hearted but sharp-tongued original comedy, starring Bill Murray and Jason Schwartzman as the memorable Max Fischer. I have great memories of the film, as I saw it in a packed theater right when it was released while I was in college, with a spirited crowd roaring to each scene. Directed by Wes Anderson and...
01Apr2:59 pmEST
April Fool's Surprise for These Markets
Despite crude oil gapping down hard (and staying weak throughout the sessions) and a green Japanese Yen (FXY), equity markets are ignoring those markets are holding onto their upside reversals from early on in the session. I see a good deal of charts firming up and setting bases off of which to explode, as long as the broad market continues to...
01Apr12:38 pmEST
They Looked Down and Got Squeezed
One of the more interesting themes of the current market has been whether he lagging biotechnology issues would being to play catch-up to the indices testing or surpassing their respective 200-day moving averages. To be sure, both the IBB (large cap) and XBI (more small and mid-cap) biotech ETFs are still a good deal below their own 200-day...
01Apr10:41 amEST
Musk: The Man and His Dream
The unveiling of the Tesla Model 3, marketed as an affordable electric car, initially seems to be a nightmare scenario for TSLA short sellers, of which they are plenty. An old-fashioned "sell the news" reaction to such seemingly positive events may be an obsolete concept in this day and age of Central Bankers allowing markets to bluff them off...
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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.
