Monthly Archives: November 2018
Showing articles 41 - 46 (46 total)
05Nov3:05 pmEST
The Duck, I Says
Even with rates going higher and The Fed on track to raise at least once more before 2018 is over (likely in December), it is fascinating to see those sectors which one would think should suffer from higher rates flourish of late. Specifically, the high-yielding consumer staples, REITs, and utilities have functioned as impressive safety trades...
05Nov10:26 amEST
Forever Elusive
It almost seems poetic that natural gas, after years upon years of endless new lows and failed rallies, would truly improve from a technical perspective and grow stronger by the month as equity markets look as shaky as they have in quite some time. Forever elusive, indeed. On the UNG daily chart, below, which is the ETF for the commodity, note...
03Nov9:05 pmEST
Saturday Night at Market Chess Cinemas
The first season of the YouTube Red series, Cobra Kai , which is the follow-up to The Karate Kid (1984), as well as the sequel, functions initially as a curious "where are they know?" long overdue update. But after that, we have the makings of an excellent series. Ralph Macchio has been known to be rather picky in terms of him advancing...
02Nov10:56 amEST
Not Marriage Material
As one of our Members astutely noted earlier, the S&P 500 Index's ETF, SPY, basically tested its 200-day moving average from underneath in the pre-market surge this morning. Whether or not that will suffice to render the current relief rally near its termination date remains to be seen. However, what we do know is that it remains tough to trust...
01Nov3:06 pmEST
Get That Swagger Back
The markets, not to mention the general competitive nature of capitalism, have a unique way of humbling the most cocksure players, in due time. Indeed, it was not too long ago that Under Armour stormed onto the retail sportswear scene and took no prisoners, justifiably strutting around the sector as if they were the future. That...
01Nov10:35 amEST
Three Card Monte Market
In front of Apple earnings this evening, equities are doing their best to bide their time in the form of three-card monte type of action. Specifically, the small caps in the IWM noticeably lagged yesterday's rally (and nearly closed red), but are now well out in front of the tape as tech is the laggard du jour. As long as this type of three...
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About
“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.
