MarketChess
Showing articles 2951 - 2960 (6613 total)
26Feb3:48 pmEST
General Zhukov Gets to Berlin First
With geopolitical risks admittedly lurking in the background, one can still simply not deny that Russia has been on a tear to the upside. Merely keying off the RSX country ETF will reveal as much. YNDX is an internet play related to Russia we have been long inside the VIP arm of the service as an investment. But there is another angle to the...
26Feb2:10 pmEST
Can You Guess Which Sector Made Six-Year Highs Today?
Well, not quite six-year highs yet, but steel stocks in the SLX ETF hit their highest collective level today, at $51.91, since May 2012. On the SLX daily chart, below, note the move up and out of the high and tight bull flag today. We all know names like X garner much attention, but there are plenty of other steels which are sporting alluring...
26Feb10:39 amEST
Setting Up Camp
After another opening gap higher, one of our Members astutely pointed out that the small caps housed in the Russell 2000 Index seemed hell-bent on rather immediately filling said gap lower. At first, it appeared as though the larger cap indices would ignore the Russell. However, once IWM (ETF for the Russell) flipped red, you could almost...
24Feb5:27 pmEST
Weekend Overview and Analysis 02/25/18 {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 mark Please click here for more...
24Feb4:53 pmEST
Saturday Night at Market Chess Cinemas
The Romanian television series, Umbre , is currently available on Amazon Prime in America. Umbre aired via HBO Europe, and is probably the closest thing you will ever see to a legitimate hidden gem. There have been two seasons so far, but I expect more to come as the show serves as a great ambassador for eastern European filmmaking. Much...
23Feb12:59 pmEST
Educational Video: Candlestick Analysis 02/23/18 {Video}
The following video fleshes out a topic one of our Members raised this week about candlestick analysis, in general. We apply that analysis to the current market not only for educational purposes, but also as a potentially actionable piece of information for future, similar setups. I hope you find the video useful.
23Feb10:31 amEST
Slow and Steady Floats the Chase
Another opening gap higher in the broad market, after yet another late-day fade yesterday afternoon, is putting virtually all traders to the test this morning. While it seems as though bears may have found themselves trapped again, the major averages have yet to go full throttle to the upside and slam that trap door shut. In fact, as I write...
22Feb3:54 pmEST
Stock Market Recap 02/22/18 {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...
22Feb3:51 pmEST
A Diggstown Hustle Market
With the various whipsaws and indecision across equities and indeed many markets, I am hedged up again in my trading portfolio. Bulls and bears can cherry-pick a fair amount of tidbits regarding this market, but the reality is that equities are being jerked in several different directions at once, which warnings signs popping up like a...
22Feb1:00 pmEST
The Ole Excuse Versus Catalyst Conundrum for Snap
The action in Snapchat this week raises a fairly common conundrum in markets and trading: Whether an event or series of events function as an excuse for an overdue market move or, instead, whether they act as a catalyst to precipitate the move. SNAP was actually a name we were long last week, electing to sell into strength due to broad...