MarketChess
Showing articles 2161 - 2170 (6618 total)
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...
03Jun5:32 pmEST
Full-Length Stock Market Recap 06/03/19 {Video}
If you enjoy my videos and blog posts, then please click here for more details about joining Market Chess Subscription Services for plenty of other features, as well. Enjoy the video, and enjoy your evening.
03Jun2:46 pmEST
Follow the (Right) Leaders
Working our way through another shaky final hour here, the glaring weakness in tech (due to FANG and software selling more than offsetting the CY buyout-led bounce in chips) stands in stark contrast to the small caps fighting to hold green. It is hard to put too much faith in small caps, though, unless QQQ can stage some type of meaningful...
03Jun10:36 amEST
Make the Best of Leaning Leaders
We have some indisputably ugly price action in the "FANG" stocks this morning, led by GOOGL's pummeling as the U.S. Department of Justice is reportedly preparing an investigation into Alphabet’s Google for antitrust violations. In addition, AMZN FB NFLX are all getting whacked and serving as easy sources of liquidity for larger mangers who wish...
02Jun11:56 amEST
Weekend Overview and Analysis 06/02/19 {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...
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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.
