Yearly Archives: 2016
Showing articles 881 - 890 (1006 total)
16Feb10:45 amEST
Hide-and-Go-Seek a Gap-Fill
Despite crude oil giving up its mornings gains for a complete gap-fill, and then some, on the USO ETF, equities have not followed suit. Even with troubled banks like CS DB gapping down, stocks are holding firm after the first hour of trading. I suspect the fade-the-open after a long weekend was a bit too obvious to come to fruition. However,...
14Feb4:04 pmEST
Weekend Overview and Analysis 02/14/16 {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...
14Feb11:56 amEST
Sunday Matinée at Market Chess Cinemas
Regardless of your political affiliations, one thing is certain: As we move throughout this year politics will become increasingly prominent on the national stage headed into the November 2016 general election. With this in mind, an excellent documentary/biography to watch is Boogie Man: The Lee Atwater Story (2008). Viewers from all...
12Feb2:48 pmEST
Ketchup to Those Miners
One of my many important concepts we have been discussing for Members on a daily basis regarding the recent surge in precious metals and their miners of late is whether we see some of the not-yet-extended miners begin to play catch -up. Royal Gold is one such example, below on the daily timeframe and not over its 200-day moving average (like...
12Feb12:51 pmEST
Big Hammers and Big Volume
Although today may largely prove to be a fairly low volume bounce in the market, the story this week could easily be the heavy volume we have seen in the likes of crude oil, gold and precious metals miners, and headliner Deutsche Bank. As an example, consider the DB weekly chart, below, and massive volume this week as the stock reverses...
12Feb10:47 amEST
From Hero to SLoB
There can be no doubt that energy stocks, despite not making new lows (for OIH, XLE) on this latest downdraft in the market, still have plenty of work to do to cement anything remotely close to a durable bottom. Nonetheless, the resilience in heavyweights like XOM should not be dismissed by bears. Beyond that, another heavy weighting in both...
11Feb5:12 pmEST
Stock Market Recap 02/11/16 {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...
11Feb3:27 pmEST
O is for OPEC, That's Good Enough for Squeeze
Just as the S&P 500 Index momentarily took out its January lows, a headline crossed the wires that OPEC members might be ready to cooperate on a cut of oil production. As we know, bearish overall markets tend to feature more sensitive correlations between asset classes, due to confusion and fear, and therefore stocks also spiked up with oil on...
11Feb12:43 pmEST
Total DB Move
Much like at various junctures in the 2008 bear with Bear Stearns, Fannie/Freddie, AIG, then Lehman and Citi, equities may very well be tethered to the day-to-day movements in the likes of CS and DB, two European banks under significant pressure and may be indicating systemic risk. Although it may seem too obvious and simplistic to draw that...
11Feb10:49 amEST
Aerospace and Defense: Time to Come Back Down to Earth
Many aerospace and defense stocks have seemingly defied the market selling in 2016. Beyond that, they have largely enjoyed steep, multi-year uptrends. Today, however, the likes of Boeing are getting sold hard, in addition to mainstays like GD LMT RTN. I also view a chart like NOC, below on the daily timeframe, as being an actionable short...
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“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.
