Monthly Archives: March 2017
Showing articles 51 - 60 (83 total)
13Mar3:48 pmEST
Dead Ahead of The Fed
Despite a relatively flat day on the major averages, some standouts below the surface made for interesting movement. We continue to put in the work to identify for Members the very best charts even with plenty of macro events this week. Bears have had ample time to make a dent in this market, and even have some notable victories like the...
13Mar1:40 pmEST
Foxwoods and Mohegan Sun: Enjoy it While it Lasts
The opening of Steve Wynn's Boston Harbor property may have been pushed back to 2019, giving Foxwoods and Mohegan Sun, among other casino resorts in New England/upstate New York some borrowed time. However, make no mistake that marker will indeed come due. And when it does, I suspect WYNN will dominate New England and even parts of New York,...
13Mar10:10 amEST
The Ol' Texas Hedge
Texas hedge noun 1. (finance) the opposite of a normal hedging operation, in which risk is increased by buying more than one financial instrument of the same kind We caught a fortuitous bounce of the ball inside Market Chess Subscription Services this morning, walking into today both Long MBLY and Short INTC. With Intel buying out...
11Mar5:21 pmEST
Weekend Overview and Analysis 03/12/17 {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...
11Mar1:49 pmEST
Saturday Night at Market Chess Cinemas
Italy's most popular television series, Gomorrah , premiered in 2014 as a gripping crime drama series based on the book of the same name by Roberto Saviano. Season two is already in the books, but is not yet released on Netflix. More seasons are in the works. Still, the first season is stellar, available both on SundanceTV and Netflix,...
10Mar1:44 pmEST
Gold Bugs: Do Whichever Weird Ritual You Need
Stocks are largely back to flat this afternoon, with morning strength being faded now commonplace in since the Trump speech rally last week. We are doing our best to not trade out of boredom and force in bets simply for the sake of gambling here, given the pedestrian movement in the market. Still, it is instructive to keep tabs on the...
10Mar9:16 amEST
Sliding Off the Schneid
Stocks are set to open noticeably higher after the jobs report earlier this morning. When we view the S&P 500 Index and Nasdaq daily charts, there has been little if any, real technical damage of which to speak. However, those pesky small caps in the Russell 2000 Index, along with oil and TLT, have been a thorn in the side of upside momentum...
09Mar1:24 pmEST
Someone is Cruising for a Bruising
Crude oil and Treasuries continue to slide this afternoon, with bottom-fishers in the oil pits at risk of a further washout. Equities, as a whole, have largely held in rather well considering the USO swoon. Still, the small caps are now operating below their 50-day moving average on the IWM. And it will be interesting to see if bulls can...
09Mar10:46 amEST
Regeneron Trying to Regenerate a Good Chart
In addition to some of the more by-the-book sound biotechnology charts, like CELG and the BIVV blog post yesterday, which are on the the long radar here, we also want to be on the lookout for potential bottoming charts from laggards, too. After a breathtaking multi-year rally, from 2010-2015, Regeneron degenerated into a longtime laggard among...
08Mar3:56 pmEST
Stock Market Recap 03/08/17 {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...