MarketChess
Showing articles 4471 - 4480 (6634 total)
12Jul10:44 amEST
A Summer Maze of Sorts
The crude oil weakness yesterday truly brought to surface some glaring divergences, insofar as emerging markets and most energy stocks holding the line green even when you would have thought a sinking commodity would be bringing them to their knees. But navigating this maze yields an interesting result this morning, as USO rallies back above...
11Jul4:41 pmEST
Stock Market Recap 07/11/16 {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...
11Jul3:38 pmEST
UFC Sells for $4 Billion, and Here Comes...
Those of you who followed my work over the years know I entered WWE long in August 2012 and was fortunate to sell in March 2014. I have since largely ignored WWE, as the chart needed a good deal of time to reset. However, in light of the UFC buyout today, looking at the WWE monthly below I am becoming intrigued again. I want to see this...
11Jul1:03 pmEST
Shorts Get Black and Blue Steak, Even if They Didn't Order It
This type of market action will surely leave a few bruises on undisciplined shorts, who did not have have the humility to quickly fold their hands last week when they market gave most indications of just how truly resilient it was. I recognize that this rally cannot last forever, and there is always the possibility for a devastating bull trap...
11Jul10:36 amEST
The Big Fundamental Question
On a morning where Tim Duncan, (or, as Shaq nicknamed him, "The Big Fundamental") is retiring, it is interesting to see stocks make new all-time highs on the S&P 500 Index even as plenty of well-versed market pundits note we remain in the midst of an "earnings recession." The market can often be seen as a forward discounting mechanism, which...
10Jul1:37 pmEST
Weekend Overview and Analysis 07/10/16 {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...
10Jul10:40 amEST
Sunday Matinée at Market Chess Cinemas
Recent discussions about race in America has me thinking of one of my favorite all-time films: In the Heat of the Night (1967). The film is in the mystery genre with a backdrop of racial tension in the south from the mid-twentieth century. A black detective from up north, played by the brilliant Sidney Poitier, is asked to investigate a...
08Jul3:09 pmEST
A Willie Mays Hayes Market
Bulls certainly deserve credit for style points, in terms of the multiple shakeouts we have seen, heretofore, in a seemingly endless range on the indices for years. And, yet, the S&P 500 Index is within a tick or two of all-time highs from last summer as I write this. Beyond that, an perhaps of more significance, we have an increasing amount...
08Jul1:12 pmEST
Betting Top Two Pair
Regarding equities traded in America, both JOY and TCK are a pair of the top components in the KOL ETF. Most people regard KOL as the exclusive "coal" sector ETF, but the holdings are actually much more diverse. And when we consider the JOY and TCK charts, this top two pair has undertaken a great task in healing multi-year downtrends, steady...
08Jul10:55 amEST
These Stocks Can Take a Punch
The same may very well be said for the market at-large, but when we look below the surface for fresh money long ideas into this morning's gap higher it is worth focusing on individual issues which can roaring back from the Brexit shock two weeks ago. Software and communications are at the very top of my list of setups here, plenty of which...