MarketChess
Showing articles 4311 - 4320 (6634 total)
07Sep12:53 pmEST
The Ritual Apple Event
It would not be September without a special event from Apple. And at 1pm EST (a few moments from now, as I write this), we should see an unveiling the iPhone 7, among other goodies. AAPL has enjoyed a nice rally this summer, though currently is locked in a $105-$110 range. I do not see a trade at the moment, favoring to gauge the reaction to...
07Sep10:39 amEST
Extra Guac, Now That Everyone's Talking About Chipotle
Much of the focus in the financial media over the last fifteen hours or so has understandably been on Bill Ackman's new stake in CMG. After all, it makes for great theater: Ackman and CMG both are seeking redemption after terrible press over the last year or two, most of it warranted, some of not. But bad press nonetheless, which makes for...
06Sep3:37 pmEST
Stock Market Recap 09/06/16 {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...
06Sep3:33 pmEST
Scantily Clad and Scantily Traded, But Worth a Look
Some obvious post-summer plays would seem to make sense here, such as chicken wings for football season. BWLD is a name we are watching closely, to see if recent progress this summer follows-through again to the upside. Beyond that, though, as the weather cool down we may see an uptick in patrons at gentlemen's clubs. With this in mind, RCI...
06Sep1:27 pmEST
Large Cap Tech Triumphant to Begin September
The "FANG" names, plus PCLN, are off to a good post-Labor Day start today, with FB AMZN NFLX GOOGL perhaps indicative of some fund managers putting some money to work in large cap, liquid, glamorous issues in anticipation of a fall rally. I am looking to see if that strength spills over into the bell, since the old axiom of amateurs opening the...
06Sep10:21 amEST
The Ren and Choppy Show
One of the major points we have been emphasizing for Members of late has been the notion that markets typically do not come back from Labor Day full speed ahead. Despite the conventional wisdom that once the summer (unofficially) is over, everyone involved in market returns to the desk, in reality it can take a good one, even two weeks before...
05Sep2:47 pmEST
Holiday Weekend Overview and Analysis 09/05/16 {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...
04Sep1:56 amEST
Saturday Night at Market Chess Cinemas
A new pro and college football season is upon us, as is tradition over the Labor Day holiday weekend. Even if you are not a football enthusiast, however, I still recommend you watch the Amazon Original Series: All or Nothing: A Season with the Arizona Cardinals. The current makeup of the wildly talented Cardinals' organization stands in...
02Sep9:58 amEST
Rusty Retail Needs to Get Back on Track
Despite the continued resilience of buyers in the broad market, over the last week or so we have seen two of the better retail players this year get pummeled after earnings. Both FIVE and LULU are down sharply off recent highs. LULU, on the weekly chart, below, is obviously finding some overhead supply/interested sellers at prior highs (light...
01Sep10:37 amEST
Some Bad Guy Talk from Tesla, Solar City
Elon Musk may very well need to resort to "bad guy talk" to weasel his way out of this situation, as reports surface of a cash squeeze for both TSLA and SCTY. There is no doubt that TSLA, at one point, had the makings of a long-term super stock. However, the market set the bar extremely high for Mr. Musk, and he has clearly not answered the...