MarketChess
Showing articles 4371 - 4380 (6634 total)
15Aug10:30 amEST
Going with a Pro May Be the Next Move
In light of the moves we are seeing in long-term laggards which are suddenly surging, namely BABA YELP, even TWTR, the issue which, if any, will follow suit for comparable moves. To my eye, GoPro fits the bell as well as any of them. You are talking about a stock which has silenced even the cockiest of bulls in the name since October 2014,...
14Aug2:51 pmEST
Weekend Overview and Analysis 08/14/16 {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...
13Aug2:50 pmEST
Saturday Night at Market Chess Cinemas
I remember being in London for a brief period of time in early-2001. grateful for taking a few hours to check out the highly-regarded Traffic (2000) in a theater there. The film should be viewed as a bird's eye view of the war on drugs, rather than an in-depth exposé. Starring Michael Douglas, Benicio Del Toro, Catherine Zeta-Jones, Don...
12Aug3:19 pmEST
Many No Fold 'em Gold Players These Days
Headed into the weekend, it is interesting to see both gold and silver flip back to red after they had staged gaps higher this morning in light of the soft retail sales figure. I am still looking at most XME components (precious and non-precious miners, steels, materials, etc.) as more likely than not to consolidate into Labor Day before...
12Aug1:02 pmEST
Hook, Line, and...Mover!
After its IPO was met with little fanfare, LINE Corporation, out of Japan, has faded into relative obscurity while momentum players gravitated towards high beta China issues like NTES YRD WB, and now BABA. However, with nearly one full month as a publicly-traded ADR in America, LN is waking up today amid a soft summer Friday tape. On the...
12Aug10:49 amEST
It's a Small Town Throwdown
We have a sleepy summer Friday tape on our hands this morning, with post-earnings strength in leaders like ACIA and NVDA being slightly overshadowed by soft retail sales this morning. I am not in a rush to put on too many new trades thus far, given the slow action. But I am not going to fall asleep at the switch, either, if the market does...
11Aug4:43 pmEST
Stock Market Recap 08/11/16 {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...
11Aug3:40 pmEST
I Don't Know Why You Go to Extremes
Simply put, this type of market features benign indices and a plethora of enticing long setups beneath of the surface. While it remains to be seen if bulls can continue to pounce on that apparent meatball down the middle of home plate, thus far bears have shown a unique inability to win even minor skirmishes in their favor, let alone a battle...
11Aug1:28 pmEST
Volare Valero: Refiners are Like the Gypsy Kings
After most refiners barely flinched at yesterday's bout of weakness in crude and energy stocks in general, today's snappy recovery in the entire sector seems to have lifted a lid of pressure containing refiners from making explosive moves higher. Previously, I had thought that refiners were the quintessential "trade in their own" industry,...
11Aug10:18 amEST
Props to Your Girlfriend for Selling That Quilted, Hemp Flag on Etsy
After a seemingly out-of-nowhere earnings spike to kick off August, following after quarters on end of disaster since its 2015 IPO, ETSY is suddenly acting very well from a technical perspective. On the daily chart, below, multi-day buy volume surge which occurred after earnings is impressive because it shows that the earnings move was not...