MarketChess
Showing articles 1981 - 1990 (6618 total)
13Nov10:59 amEST
It's Not OK to Overlook Snap, Boomer
Late-last year shares of SNAP slumped as low as a $4-handle, easily one of the more ferocious decline during the broad market fourth quarter correction of 2018, with bears declaring the name to be imminently dead and a social media/app fad which had since run its course. Since then, however, the stock literally "snapped" back hard, rallying in...
12Nov2:55 pmEST
Dating Games; Earnings Games
I spent the better part of the last few hours trying to get ahold of someone in the corporate department for one of my holdings to see whether or not they actually had earnings tomorrow morning. And with the way corporate phone lines are set up now, it seemed like a miracle that I was able to get another human being on the actual phone to get...
12Nov11:06 amEST
Coming Home for the Holidays
In the midst of what seems like too many market players and pundits alike focused on whether or not we see another pullback before a potential year-end move higher, my focus is more on the underlying health of various key sectors. Recently, we have seen the likes of semiconductors flash spurts of brilliance, although they be able to reasonably...
11Nov3:06 pmEST
Dicerna for the Discerning Trader
There is nothing inherently wrong with choosing to abstain from trading individual biotechnology issues. After all, we have seen plenty of examples of the years of biotechs looking sharp, acting well with promising drug(s) in the pipeline, only to gap down an obscene amount due to a disappointing drug trial and/or an unfavorable decision by the...
07Nov10:55 amEST
Remember American Express?
Still in the Dow. Still relevant. Still an iconic brand. With the Dow Jones Industrial Average surging up and out of a multi-month/quarter consolidation, it is hard not to think that AXP will reemerge as more of a high profile stock, once again. Inside Market Chess Subscription Services, we noted the name for Members this morning as breaking...
06Nov11:02 amEST
A Journey Full of Danger
You just knew there would be the inevitable adversity as energy stocks embark on their journey to cement a major bottom. Just this morning, for example, the sector is fighting to shrug off FANG or Diamondback Energy's roughly 13% post-earnings selloff. The good news is that Whiting Petroleum (WLL) actually went green this morning off its own...
05Nov5:49 pmEST
Stock Market Recap 11/05/19 {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...
05Nov10:57 amEST
Time to Zig When They Should Zag
Stocks are mostly cooling off this morning after a nice run in recent sessions, something which is entirely understandable and to be expected especially with a variety of post-earnings selloffs from the likes of AMRN UBER SHAK. Going forward, though, the larger test will be whether this digestion spawns a larger pullback and conjures up...
04Nov1:49 pmEST
Long Live the Commodities Bear Market, Part Deux
More good news for the working thesis that the energy complex has put in a long-term bear market bottom: Natural gas is confirming an intermediate-term inverse head and shoulders bottoming formation, seen below on the UNG ETF daily chart, with a strong gap up above its 200-day simple moving average (yellow line) today. True, natty is enjoying...
03Nov12:18 pmEST
Special Edition: Full-Length Weekend Strategy Session 11/03/19 {Video}
For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of other...