MarketChess
Showing articles 1121 - 1130 (6611 total)
13Sep11:01 amEST
Be Royal in Your Fashion...And Energy Stocks
With Europe's energy crunch gaining more attention by the day, it is only fitting that Royal Dutch Shell (Shell), a Dutch multinational oil and gas company headquartered in The Hague, Netherlands, and incorporated in the United Kingdom (more on that in a bit and why it is important), should attempt to break its tight daily chart base (below)...
12Sep10:22 amEST
Weekend Overview and Analysis 09/12/21 {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...
10Sep3:05 pmEST
Building the Case for Value
It is not just those boring, dividend-paying, defensive names which offer value here according to historically low multiples and lack of investor enthusiasm. Indeed, the same can be said for many materials miners housed in the XME ETF--Both non and precious alike This includes the likes of FCX, steels, aluminum plays, coals, etc.. While...
10Sep11:20 amEST
Next Train to Somewhere
The sheer amount of indecision in the market action of late is likely a reflection of internal competing forces. On the one hand, the market is aware of supply chain disruptions in the economy, but has not had a full-blown reckoning of it and has come nowhere close to acknowledging how lasting it may be. The market is aware of the intense...
09Sep4:31 pmEST
Stock Market Recap 09/09/21 {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...
09Sep10:25 amEST
Out in Front of It
President Biden is set to address the nation at 5pm EST tonight regarding the Delta variant. CNBC just reported that he will mandate federal workers get vaccinated, with no option for testing anymore. Basically, get the vaccine or get lost. Needless to say, you do not need me to offer up an opinion on politics. In this day and age, especially,...
08Sep3:44 pmEST
A Simple Test Before a Night on the Town
Considering how late we are in this earnings season, tonight is a fairly stacked lineup of interesting names, be it GME LULU RH, even HQY. And while I doubt any one of those tickers moves the market, the reaction to GME, perhaps, could be indicative of whether underlying risk appetite for this rocky tape still remains strong or, instead, is...
08Sep10:59 amEST
Finding Vulnerabilities
In a seemingly invulnerable, one-sided market, the only chance bears have, is in finding a slight opening and exploiting it with full-blown aggression. As it stands now, we know how early it truly is both in today's session and overall with where we are in the bull run to make any presumptions about a market top, let alone a standard...
07Sep3:44 pmEST
Someone Needs to Set Up a Spite Store Next to Big Tech
Although not an overly busy week coming off the holiday, in terms of earnings and macro data, we do have COUP SMAR reporting tonight, followed by the likes of GME LULU and RH, then AFRM ZS KR later in the week. The take-home message today was that even though small caps reversed down noticeably off their morning strength to dovetail with the...
07Sep10:37 amEST
Someone Will Be Exiled
Rates are moving higher this morning, which at the moment seems to be mildly concerning for the market but nothing creating any real fear, since AAPL FB GOOGL and TSLA are all higher as I write this. That said, if rates trend higher throughout this post-Labor Day period in September, it should eventually show some wear and tear and high...