MarketChess
Showing articles 2151 - 2160 (6612 total)
11Jun10:50 amEST
Retail Gets Some Swagger Back
Another opening gap higher in the broad market is surely putting heat on top-callers over the last week or so, especially those wading into the time-sensitive options part of the water. Still, as I write this I see quite a few healthcare and software names cooling off and coming in a bit. Guardant Health (GH), for example, is a truly promising...
10Jun3:45 pmEST
The Next Generation Coming Up
In light of the RTN/UTX monster merger today, aerospace and defense stocks are back in focus for us. While the usual suspects like BA GD LMT NOC are always worth a look (LMT NOC have the best charts but the sector is seeing a bit of sell-the-news here), we want to keep returning to smaller/mid-cap defense stocks as logical targets. Aerojet...
10Jun10:57 amEST
What if the Amazon/Whole Foods Synergies Underwhelm?
At first blush, the Amazon/Whole Foods synergies formed since AMZN bought out WFM two summers ago seem to be rather underwhelming, with many Whole Foods Markets' locations featuring somewhat lower prices on various items, but also worse customer service and generally more of a "warehouse" feel inside the stores. Naturally, the lower prices and...
09Jun12:24 pmEST
Weekend Overview and Analysis 06/09/19 {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...
07Jun10:19 amEST
Shake Shack is Spending the Summer at the Jersey Shore
After extensive renovations, a major rest stop on the Garden State Parkway in New Jersey has reopened with a Shake Shack location sure to take advantage of the many Jersey Shore beachgoers this summer, and beyond. The location is impressive in its strategic placement, as that particular rest stop is right in the heart of the Jersey Shore and...
06Jun10:15 amEST
Cooling Off, One Way or Another
On the back of an impressive two-day bounce, the broad market has the look and feel of near-term consolidation this morning. After all, it was just on Monday that it appeared as though we were on the verge of a more pronounced washout, the likes of which had perhaps been building up throughout the month of May. Instead, bulls rose to the...
05Jun3:30 pmEST
Divergence Alert: Something is Amiss
The slide in crude oil is a notable divergence to the rally in equities today. Indeed, the first daily chart, below, of the USO ETF for crude, we can see as much. Equity bears will argue that the crude divergence is the true canary in the coal mine, so to speak, portending the ultimate demise of the current bounce. On its face, it is hard to...
05Jun10:34 amEST
Bulls Have to Learn Their Clichés
On the back of an exhilarating rally yesterday, this morning's opening gap higher smacked of, perhaps, a near-term trap to slow down bulls who were assuming an immediate return to the penthouse for a new market uptrend. That new uptrend may still materialize, but as we are seeing with an early small cap fade in the IWM it is likely to come...
04Jun4:55 pmEST
Stock Market Recap 06/04/19 {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...
04Jun11:55 amEST
Stay Tough, My Friends
The toughness needed to survive various market cycles ought not be lost on any of us, especially with the price action we have seen this spring in the face of a tough-talking trade war. With the S&P 500 Index slicing back up through its 200-day moving average today, though, as seen on its ETF's daily chart (below), bulls may have earned...