Yearly Archives: 2016
Showing articles 821 - 830 (1006 total)
07Mar10:58 amEST
A Few Casual Pickups at the Health Markets
We have a mixed bag this morning, with weakness in financials the tech battling it out against small cap and more materials strength. If this action keeps up, we may very well see a rangebound market where both carefully crafted longs and shorts can work. With this in mind, we know the organic health food stores have had a rough couple of...
06Mar4:22 pmEST
Weekend Overview and Analysis 03/06/16 {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...
06Mar12:46 pmEST
Sunday Matinée at Market Chess Cinemas
A bit of a sleeper from the 1990s is Above the Rim (1994), starring Duane Martin, the late-Tupac Shakur, the late-Bernie Mac, Marlon Waylans, and the always underrated Leon. The late Jeff Pollack, who was co-creator, writer, and producer of the 1990's Will Smith NBC TV sitcom "The Fresh Prince of Bel Air," also wrote and directed this film. ...
05Mar2:27 pmEST
What to Look for at a Bear Market Bottom 03/05/16 {Video}
In the following Saturday educational video, published earlier today inside Market Chess Subscription Services, we apply the recent price action in the precious metals and mining complex to the elements typically associated with bear market bottoms. Thus far, the price action and volume patterns have been impressive. But the true test now...
04Mar3:31 pmEST
There's Two or Three Potential All-Stars in There
The global materials and mining complex has been on a tear of late. And, to paraphrase Lou Brown, there may very well be two or three potential All-Stars in there, in terms of new market leadership going forward. However, the complex is seeing some notable fades this afternoon, perhaps profit-taking and shaking and baking to keep the momentum...
04Mar12:55 pmEST
Update on LinkedIn and What it Means for the Broad Market
LinkedIn, a chic pick to assume a leadership role throughout last year, heading into 2016, was cut in half beginning around last November and culminating with a horrific post-earnings gap down in early-February. Without strong leadership, it is tough to see much meaningful upside sticking on the indices. As we noted throughout 2015, even...
04Mar11:04 amEST
If We're Gonna Throw Down, Then Let's Throw Down
The market rally has yet to give up the ghost, with another soft open fumbled by bears off the jobs number. The Nasdaq is lagging again, but small caps continue to push higher yet, ignoring overbought readings and likely inflicting some type of near-term "pain trade." In addition to extreme strength in the global mining/materials complex,...
03Mar5:11 pmEST
Stock Market Recap 03/03/16 {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...
03Mar3:34 pmEST
I Cannot Believe This is Happening in Our Country
That's right. I cannot believe that Twitter's chart is actually putting in what looks to be a confirmed inverse head and shoulders bottom on the daily timeframe, outlined below. Pending today's close at least over $19.05, bird is the word, along with its laggard buddy, GPRO, also rallying. FIT is still a fine mess, though, soundly in the red....
03Mar12:48 pmEST
Fishing in Shallow Waters
Working our way through the New York lunch hour, we have another fairly slow day on our hands. Good action in the precious metals and miners, as well as materials in general, are outpacing the lagging biotech and "FANG" stocks. The net result is a mixed bag, with volatility staying soft. One of our key for this afternoon is the 30-minute chart...