MarketChess
Showing articles 6421 - 6430 (6645 total)
27Dec1:57 pmEST
Saturday Night at Market Chess Cinemas
The Ref (1994) is a very funny, yet underrated and overlooked film, starring Kevin Spacey, Judy Davis and Denis Leary, directed by the esteemed Ted Demme. The film did not gain too much attention when it was released. But it is a well-acted comedy, which is something not as easy to pull off as it seems. The film is set during the holiday...
27Dec11:38 amEST
Chris Ferguson on Bankroll Management
Here is famous tournament poker pro Chris "Jesus" Ferguson's take on bankroll management. Try to apply the concepts discussed in this video to trading and the market for your own "bankroll," or portfolio, management.
26Dec2:27 pmEST
You Can't Hack This
I have to duck out early today, but I suggest you continue to keep an eye on IMAX. The 3D movie play is certainly a conferred for an upside breakout with the holiday movie season in full swing. In addition, the stock is ripe for a short squeeze breakout with the numerous bears in the float. The weekly chart is impressive, with the $31.60 area...
26Dec1:09 pmEST
Never an Easy Battle in This Arena
The current bull market is likely to be remembered for how routinely it has shrugged off negative technical divergences to immediately catapult to fresh highs. In addition, classic warnings of extreme confidence, if not outright complacency, have also been eschewed by this bull. To be fair, however, we have not exactly seen taxi drivers giving...
26Dec1:01 pmEST
These Two Are Trying to Keep it Together for 2015
Headed into next week, as well as 2015, BLUE LOCK remain two charts worth eyeing on the long side if the market is constructive. On their respective daily charts, below, note the orderly consolidations within the context of uptrends. You are looking to stalk them for upside breakout to resume the uptrend, with protective stop-loss on the other...
26Dec11:39 amEST
Illusions of an End of Year Treat
The 3D printing stocks have been beaten-down badly in 2014, with many of the hot money players from earlier this year taken out in body bags with one failed bounce after the next leading to lower lows. Over the past week or so, I charted SSYS as a potential year-end squeeze candidate on the long side for a quick, snapback rally. And this...
26Dec10:44 amEST
It's a Fugazi
It is often said that from failed directional moves in the market, or false breakouts, come aggressive moves in the other direction. With this in mind, we will update two charts in our ongoing analysis about whether they have just seen, in fact, false (or fugazi, as Donnie Brasco would say) breakdowns. GoPro is a chart I presented as a short...
25Dec11:22 amEST
Christmas Collage
Merry Christmas! On this day in 1776, General George Washington launches a gutsy attack and crosses the Delaware River with 5,400 troops, hoping to surprise a Hessian force celebrating Christmas at their winter quarters in Trenton, New Jersey. This was a pivotal moment during the Revolutionary War, cementing Washington's legacy to make the...
24Dec12:50 pmEST
Two Ideas to Consider Before Christmas Officially Begins
A few moments before the early close today at 1pm EST, keep an eye later this week an next week on AMZN as another short setup. On the daily chart, first below, note the potential bear wedge breakdown (yellow arrows) after a bull trap or false breakout several weeks back. AMZN remains a damaged chart in a downtrend for all of 2014. And on the...
24Dec12:14 pmEST
GoPro Trying to Use Handcuffs as Weapons During Lock-Up
After charting the recent IPO GoPro as short setup for a several weeks, the issue now becomes whether the stock has become a buy. On the updated daily chart, below, you can see the weakness late-last week down out of the highlighted bear flag failed to confirm lower. In fact, it led to a multi-day bounce this week. Beyond that, the company...