Monthly Archives: May 2018
Showing articles 11 - 20 (62 total)
25May10:17 amEST
Updating an Old Game Plan
Despite crude oil gapping down hard, on top of a disappointing reversal lower int he futures overnight, bulls are giving the old dip-buying playbook a shot here as we head into the long, holiday weekend. Typically, with Memorial Day being the epitome of a patriotic holiday, it is rare for markets to swoon into the long weekend. Most market...
24May10:37 amEST
Silver Has a Chance to Become Legendary
With various headlines about Trump and North Korea throwing cold water on what is typically a bullish drift into the long, Memorial Day holiday weekend, the Dow is off by more than 200 points as I write this. The pullback appears to be orderly, though if the S&P 500 Index loses 2,700 below it would be a rough way to head into the holiday for...
23May5:02 pmEST
Stock Market Recap 05/23/18 {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...
23May2:05 pmEST
Let it Come to You
Care.com has been one of several up-and-coming healthcare IT growth stories, in addition to the likes of TDOC TRHC VEEV, which seems like it is bound for continued strength in the coming quarters. On the CRCM daily chart, updated below, as one of our Members noted today the stock has not made much net progress since last November. That may...
23May10:23 amEST
Let's Do the Limbo
In front of the Fed Minutes later today, equities are trying to fight off one of the weaker overnight futures' sessions we have seen in a few weeks. Small caps are flipping green as I write this, as IWM continues to hold over the $160 level, frustrating bears playing for a more meaningful pullback. A main reason why small caps are so resilient...
22May10:48 amEST
Don't Be a Stock Snob
Nothing unnecessarily eliminates opportunities in many forms of speculation than having a condescending mindset. As an example, I have seen plenty of instances in poker where players would always sit in higher limit games even when they were not particularly good games (gauging from the lineup of players), whereas if they had been willing to...
21May4:27 pmEST
Stock Market Recap 05/21/18 {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...
21May3:40 pmEST
Majestic, Indeed
First Majestic Silver Corporation, a Canadian silver mining company, is another fine example of a silver miner exuding impressive strength of late, flying directly in the face of the U.S. Dollar's rally. While the entire precious metals and mining complex remains mired in long-term technical quagmires, bears have not gotten what they expected...