MarketChess
Showing articles 4231 - 4240 (6612 total)
27Sep3:37 pmEST
Nike on the Surface, UA Underneath It
Nike reports earnings tonight after the bell, in what is otherwise a slow earnings week. The Dow component is obviously a major component of the consumer discretionary complex. Along with DIS HD SBUX, the consumer titans have been relatively weak for a few months now, if not quarters in some cases. While many eyes will be on NKE's numbers on a...
27Sep1:16 pmEST
Photogenic Birds Stealing the Spotlight
The allure of a possible bidding war for TWTR is suddenly and understandably stealing the spotlight in what has already been a busy news cycle for stocks. Whether CRM DIS GOOGL MSFT or another firm actually pull the trigger with a hefty bid remains to be seen. But clearly TWTR's chart has improved to such a degree where we can say that even if...
27Sep10:47 amEST
Wag the Dog
After U.S. stock index futures rallied sharply during the first Presidential debate last night, it was widely construed as the market declaring Secretary Clinton to be the winner. However, crude oil weakness overnight seemingly began to pressure futures as they actually flipped red just before the opening bell. Now, however, as I write this,...
26Sep3:50 pmEST
Stock Market Recap 09/26/16 {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...
26Sep3:40 pmEST
The Dunkin' Donuts Formidable Fall Lineup
When we see the technicals align with news, it can be an intriguing proposition, indeed. In the case of DNKN, we saw remarkable resiliency even as the coffee commodity rallied earlier this month and equities in general churned. Today, DNKN is an excellent example of the type of relative strength we look to ferret out for Members during market...
26Sep1:11 pmEST
Trust Issues
Regardless of what happens with DB and the interplay with banks and markets, as per my prior post, Wells Fargo still clearly has some issues. On the monthly chart, below, note that risk remains lower for the potential bear flag breakdown. Thus, cautious view of WFC remains likely correct. As they say, where there is smoke there is fire, and...
26Sep10:53 amEST
A Lehman Event...or a Layman Event?
The nagging weakness in Deutsche Bank may finally be coming home to roost, for some type of "Lehman Event" central to a major bear case. However, it is worth noting that when Lehman was allowed to go belly-up by Goldman-turned-government rival Hank Paulson in September 2008, the major indices, as well as most sectors and stocks, were already in...
25Sep12:08 pmEST
Weekend Overview and Analysis 09/25/16 {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...
24Sep10:32 amEST
Saturday Night at Market Chess Cinemas
"Mad Dogs" was a one-season-and-done, as the Amazon Original Series based off a British series was not renewed for another season. But that may not be such a bad thing. Even the creators of the show admitted that it would be a shame to see a high energy, exciting, fun first season become watered-down in subsequent seasons given the implied...
23Sep1:23 pmEST
Context Into the Weekend
Headed into the first weekend of autumn, stocks are pulling back after ferociously filling a gap higher on the S&P 500 Index dating back to the harsh sell-off we saw two Fridays ago. That sell-off seems like a distant memory now, given bears' inability thus far to gather downhill momentum off of it. Moreover, bulls have done an admirable job of...