MarketChess
Showing articles 4171 - 4180 (6634 total)
25Oct3:43 pmEST
Stock Market Recap 10/25/16 {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...
25Oct3:40 pmEST
On Defense
Opening night for the NBA, combined with major stock averages which are largely trendless, is good enough to report this old gem of the legendary Red Auerbach on defense. Defense (in terms of stop-loss discipline, selectivity, and position sizing) is a prominent factor in this market for traders looking to survive a tape with a plethora of...
25Oct1:30 pmEST
If We're Gonna Grind, Might as Well Grind and Brew
Equities are still having issues holding much of anything, with the FANG stocks masking a good deal of faded breakouts and grinding action below the surface of late. I have an eye on PCLN's outperformance here, especially over $1480. But on the whole most of my watchlist long ideas are not gaining much traction at all. At a minimum, bulls need...
25Oct10:44 amEST
Playing Without a Mouthguard
The sizable post-earnings gap down in Under Armour this morning decisively breaks the descending triangle pattern the stock had been forming for quite some time. We tracked the relative weakness in UA over the last few quarters, which piggybacked the general weakness in other consumer titans like DIS NKE SBUX, among others. Indeed, buyers in UA...
24Oct3:52 pmEST
Stock Market Recap 10/24/16 {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...
24Oct3:50 pmEST
Visa: It's Everywhere a Bull Market Wants to Be
Visa is the marquee firm reporting tonight after the bell. Judging from the monthly chart, below, it is likely going to be tough for bears to really wreck the type of havoc they want to on this market unless and until we see that steep multi-year trend begin to show fatigue. So, I am keying off the reaction in Visa not just tonight but also the...
24Oct1:19 pmEST
A Classic Look
It may seem as though the fade off the morning highs on the S&P 500 Index is a case of "here we go again!" But when we observe the 30-minute chart for the S&P's ETF, below, note the fairly orderly pullback (light blue lines) down to prior resistance (purple line). This presents an excellent test for dip-buyers the rest of the session to avoid...
24Oct10:51 amEST
Bank Bears Need to Hold On
In the face of more weakness in Treasuries this morning, regional banks are gapping higher, by and large. As TLT moves lower, rates edge higher, which can often benefit financials. While it is widely-known amongst market players and pundits that visible banking houses like GS and MS have been faring well lately, the regionals remain a bit of a...
22Oct7:38 pmEST
Weekend Overview and Analysis 10/23/16 {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...
22Oct12:55 amEST
Saturday Night at Market Chess Cinemas
Directed by the great Louis Malle, Atlantic City (1980) is unfortunately bound to be forgotten. Much like the saga and downfall of the actual Atlantic City, New Jersey, in terms of both gaming and the city itself, the film inevitably became overshadowed by other films set in gambling meccas. Case in point: Atlantic City is among the...