MarketChess
Showing articles 2711 - 2720 (6613 total)
16Jun4:32 pmEST
Saturday Night at Market Chess Cinemas
Following in tradition for this website on Father's Day Weekend, the great father/son tale told in Road to Perdition (2002) is worth a viewing (or a repeat viewing). My own father died in 2002, not long before this film was released. He took great care of himself, especially as he reached middle age, but an aggressive form of brain cancer...
15Jun3:38 pmEST
Mr. Rothstein, County Commissioner Pat Webb is Here to See You
Ah, the gaming industry. You have to love it. Just when the Supreme Court of the United States rules under one of America's founding principles of federalism and declares states' rights to allow sports betting if they so choose, Red Rock Resorts start to perk up as a mostly locals' casino operator in Las Vegas, of all places. RRR has been an...
15Jun9:26 amEST
Another Shot at Cracking the Natural Gas Code
In addition to a down 200-point open coming on the Dow, most commodities are also showing weakness as the latest trade war headlines likely serve as a convenient excuses for more profit-taking into the weekend. But natural gas is higher, and for our purposes we are all the more enticed by some exploration firms which have flashed more than...
14Jun3:52 pmEST
Nothing Says Bull Market Like Wildly Overpriced Sporting Goods
I was a net seller today inside the service and will likely tilt that way into the weekend. However, it is interesting to see a name like Dick's Sporting Goods, below on its daily chart, quietly improve and finally wake up after a very rough stretch beginning in late-2016. You can plainly see DKS basing tightly back above the $37 level,...
14Jun2:10 pmEST
By the Way, That's Not Mom and Pop Buying Zynga
Much like Pandora, Zynga seems to get no respect from traders even on up-days and even, as the daily chart illustrates below, the technicals are improving as a whole. ZNGA has been hot since the first day of May, with surging buy volume to support the move. Despite being a low-priced stock, there were multiple sessions where more than 25...
14Jun10:43 amEST
An Interesting Location for the World Cup
No, I am not referring to the host country of this World Cup, which is getting underway this morning. Instead, I am talking about the price location of Yandex, Russia's version of Google, essentially. And if you subscribe to the idea that Google is somewhat of a proxy for U.S. (or global) GDP, then it is hard not see YNDX as a potential long...
13Jun3:50 pmEST
Stock Market Recap 06/13/18 {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...
13Jun3:48 pmEST
Saving the Waterfall Jumper
The initial spike lower that GDXJ (ETF for junior gold miners) suffered after the FOMC decision at 2pm EST today had larger implications, too. As you can see on the GDXJ daily chart, below, juniors have been rather compressed for a few months now, with plenty of fits and starts keeping traders like myself mostly at bay and not being too...
13Jun1:12 pmEST
Do Not Nuke the Nukes Yet
(Pictured above, Julius Robert Oppenheimer, often known as father of the atomic bomb) The fact that a stock like Cameco, updated below on its daily chart, not only failed to swoon in the face of the recent Trump/North Korea headlines signaling a major global development in peace, but is actually coiling and ripe for an explosion (er,...
13Jun10:18 amEST
Taking a Break Way Up There
The stock for Cambridge, Massachusetts-based biopharma Sarepta Therapeutics Inc. has been more than commendable this spring, as many of its peers saw their stocks struggle. Even many of the bios which had held up well took the brunt of a volatile ASCO conference this year and suffered sharp drawdowns, namely BPMC NKTR, among others. Thus, when...
FOLLOW chessNwine
MARKET CHESS SUBSCRIPTION SERVICES
Full-Length Video Recaps & Strategy Sessions
Private Twitter Feed Access
Custom Videos Tailored to You
chessNwine HAS BEEN SEEN ON
Top Pages
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.
