MarketChess
Showing articles 4211 - 4220 (6612 total)
04Oct3:49 pmEST
A Good Reminder About Gold
Days like today, as gold and her miners get crushed, worth reposting Mr. Hearst's philosophy about "The Color." As ugly as it was today, I suspect a year-end rally remans very much in the cards. See you after the bell for my recap.
04Oct1:29 pmEST
The Case for and Against Sugar
Famous science writer, Gary Taubes is set to release a new book in late-December titled, The Case Against Sugar . Taubes has previously detailed the critical mistakes the FDA made in declaring dietary fat to be the main culprit for disease and well-being while sugar/fructose was largely viewed with a far less disdainful eye. Recent...
04Oct10:43 amEST
Balancing Out the Move in Gold
Back on September 15th we noted a potential scenario for gold and her miners in this blog post . The setup was not unlike equities in the summer 2009--A significant rally for months on end coming off a major bear market bottom, followed by a fairly obvious daily chart head and shoulders top. The quick washout, followed by a pivot to commence...
03Oct3:52 pmEST
Stock Market Recap 10/03/16 {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...
03Oct3:47 pmEST
The Allure of the Rails' Yesteryear
After noting their consistently bearish price action for quarters on end, the majority of the railroad stocks have been in steady-as-she-goes uptrends since the winter months. The Norfolk Southern daily chart, below, illustrates as much, with even today's soft tape not inflicting any selling on the name. Other large rails like CP CSX UNP have...
03Oct1:24 pmEST
It's All Fun and Games Until the Market Tests Your Mystique
Warren Buffett finally shed at least some light on the Wells Fargo situation last week, downplaying a report that he wants to transform the WFC Board. Instead, Buffett largely is taking a wait-and-see approach, as share of WFC have lost more than $20 billion in value since the scandal broke. WFC is a prominent holding for Buffett's Berkshire...
03Oct10:46 amEST
A Glance Into the Abyss
Despite The Fed standing pat at its most recent meeting and not raising rates, some of the reactions by the "rate-sensitive" sectors hint at tightening cycle still underway. Specifically, the utilities are testing the 200-day moving average on the sector ETF for the first time since January. On the XLU daily chart, below, the ETF clearly broke...
02Oct2:52 pmEST
Weekend Overview and Analysis 10/02/16 {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...
01Oct11:37 amEST
Saturday Night at Market Chess Cinemas
Netflix recently ordered a second season of Last Chance U (2016), its first sports documentary. And if the second season comes anywhere close to the quality of the first season's six episodes, it will be a huge success. Without question, the first season of Last Chance U , released this past July, surpassed the expectations of even the...
30Sep1:36 pmEST
An Oktoberfest Truce for Deutsche Bank?
As we noted earlier, the heightened non-financial media exposure to DB over the last twenty-four hours or so reached a crescendo to the point where an imminent swoon became less likely. After all, if everyone is thinking the same, then no one is thinking. That is not to say DB has permanently bottomed, but as we finish the day, week, month,...