MarketChess
Showing articles 3341 - 3350 (6619 total)
18Sep3:37 pmEST
Rules for the Range: I'll Be Right Back!
Some afternoon selling in the Nasdaq sees the QQQ ETF, update below on the 30-minute chart, quickly move down to the bottom end of what is a fairly tight range over the last week or so. The range illustrates just as quickly as we see the top end, price is right back down to probe the bottom end. The top end of the range also stretches back to...
18Sep1:31 pmEST
Surviving the Fall
After an energetic open to the upside, stocks are mostly drifting sideways-to-slighty-down into the daly afternoon portion of the session. Even though trimming partial profits on longs makes sense, it remains difficult to step in front of this market on the short side, especially with the FOMC coming up later this week. Turning to the steel...
18Sep10:50 amEST
Virtual Reality is Great But Let's Remember the Real Thing
NVIDIA is gapping up once again this morning as upgrades continue to pour in. Beyond that, the stock is now on the tip of everyone's tongue, what with its virtual reality technology coupled with a ferocious if not steep long-term uptrend. Given how popular the name has become, I took the opportunity off the opening bell to lock in some profits...
17Sep10:25 amEST
Weekend Overview and Analysis 09/17/17 {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...
17Sep12:57 amEST
Saturday Night at Market Chess Cinemas
If you are in the mood for a well-acted, dark comedy which practically defines what the word " risqué" means, then Secretary (2002) is certainly worth a viewing. James Spader, one of my favorite actors, stars as an overbearing lawyer towards his emotionally vulnerable secretary Maggie Gyllenhaal. The two soon cross over the line from...
15Sep1:54 pmEST
No Way, Jose!
The latest update on Tropical Storm Jose from the National Hurricane Center can be visually absorbed from their graphic, above, and see in full here . It has obviously been a busy season, any way you slice it. And if Jose does strengthen to do some damage along the eastern seaboard of America in the next week or so, we want to have some...
15Sep10:42 amEST
Don't Arbitrage at Arby's
Instead of Arby's (partly owned by Wendy's), head on over to Yum! Brands, Inc. for a tastier version of "arbitrage." Specifically, for Yum! Brands, owner of KFC, Taco Bell, and Pizza Hut, the U.S. stores are slipping today (first daily chart, below, for YUM), while the China version of the YUM (ticker YUMC, second daily chart, below) is...
14Sep4:36 pmEST
Stock Market Recap 09/14/17 {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...
14Sep3:47 pmEST
Merrie Olde England
It has been a while since we update the British Pound Sterling analysis. But long-time readers will recall we continue to look for a bottom here, given the technicals, in part, of the FXB (ETF for the Sterling versus a basket of developed economy currencies). On the FXB weekly chart, below, the Pound has done an admirable job of moving to its...
14Sep1:27 pmEST
An Old Bucket Shop Play
As far as issues which trade on a major exchange (in this case, the Nasdaq), it does not get too much more speculative than a very small cap China play in the electric car sector. And, yet, if Kandi Technologies Group, Inc., based Jinhua, China, cannot figure out a way to turn its beaten-down chart around now, I suspect it may never find a...
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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.
