Yearly Archives: 2016
Showing articles 61 - 70 (1006 total)
05Dec3:54 pmEST
Netflix Just Needs to Be Coached Up
NFLX still looks good on multiple timeframes, but just needs another push and hold back over $120 this week to go long for a Christmas run. More in my recap after the bell.
05Dec1:24 pmEST
Glimmers of Glitter for Gold
In light of the Italy vote result, the overnight gold fade had to be rather frustrating for those positioning for some type of calamity in global markets. Still, in spite of the fade, the Euro rally may be what the doctor ordered for gold to muster some type of reversal down here. Clearly, observing the GLD ETF daily and monthly charts,...
05Dec10:45 amEST
Convict Your Convictions with an Impartial Jury
One of the more challenging aspects about speculating in markets revolved around the scenario where we become exciting at the prospect of a big-time, "home run" thesis for a potential legendary trade, only to see it take too long to develop. At that moment, the issue then becomes whether to show more patience or instead seek to reevaluate the...
03Dec9:12 pmEST
Weekend Overview and Analysis 12/04/16 {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...
03Dec9:11 pmEST
Saturday Night at Market Chess Cinemas
Confidence (2003) did not win any big awards, and certainly was not the "type" of film do so. But it sure is a good time, featuring an accomplished cast of Edward Burns, Dustin Hoffman, Paul Giamatti, Andy Garcia, Rachel Weisz, and Brian Van Holt. As the title implies, the film centers around the art of the “confidence (or con) game.” All of...
02Dec1:39 pmEST
Sunday's Italy Vote: Does Campanilismo Equal Nationalismo?
As the various direct or indirect referendums on the European Union begin to travel around Europe like an American on vacation with a leisurely but clear itinerary, Italy will have a vote on Sunday which is on proposed constitutional reforms but more or less amounts to a vote of confidence in its Prime Minister Renzi. Unlike Brexit and the U.S....
02Dec11:04 amEST
Unfazed Tase
All of the future sales likely pulled forward by RGR and SWHC, the premier firearms makers traded publicly, in recent years have likely been adequately priced into those stocks. When you factor in President-Elect Trump's desire to seek a rather pro-Second Amendment Justice on the Supreme Court, the bull case for RGR SWHC tends to diminish all...
01Dec3:46 pmEST
Stock Market Recap 12/01/16 {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...
01Dec3:44 pmEST
Ice, Ice, Baby
Not only do we have a big Friday morning coming up with the jobs number, but the Sunday vote in Italy could easily provide even more fireworks for this market and the tech outflows we are seeing. Meanwhile, the higher rates' beneficiaries are starting to flex, including exchange stocks like ICE, below on the daily timeframe. Overall, risks...
01Dec1:36 pmEST
Seems Like Ancient Ruins
The pre-Election trading may very well seem like a distant memory at this point. But, as far as markets are concerned, we have some sightseeing to do. Specifically, the S&P 500 Index is backtesting its prior mid and then late-August all-time highs at 2,193 today. We have a few hours remaining in the session before a big jobs number tomorrow...