MarketChess
Showing articles 1111 - 1120 (6616 total)
22Sep11:01 amEST
Promises Were Made; Promises Will Be Kept
While far from an exact promise, to be fair, we know The Fed has almost assuredly put out enough feelers, trial balloons via The Wall Street Journal and other sources, and fair warnings to markets in general of an announcement later today for a taper in 2021 for it to actually happen at 2pm EST today. As we speak, equities are bouncing off the...
21Sep3:45 pmEST
The Cheapest Calorie During Runaway Inflation
(Angry Protein Cat courtesy of @TedNaiman) After catching a Morgan Stanley upgrade this morning, one of our Members astutely flagged Hostess Brands as an intriguing long idea, as MS slapped a $20 upside price target on it. Featuring iconic brands such as Twinkies, Ding Dongs, and HoHos, among many, many, others, it may not be a particularly...
21Sep10:58 amEST
Boeing Has Achieved Maximum Flying Altitude
Several names which became synonymous with the epic bull run off the March 2020 lows are now displaying notable signs of fatigue, with little in the way of acknowledgment from market players and pundits alike. First and foremost, some of the (in)famous meme stocks like AMC GME are both acting sluggishly, soft in both red and green tapes of...
20Sep4:31 pmEST
Stock Market Recap 09/20/21 {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...
20Sep3:09 pmEST
No One is Coming to Save You
China may very well wind up bailing out Evergrande in some way, shape, or form (the offshore players could get the wrong end of the stick, so to speak, for example), but it may be from much lower price levels from here in markets. I am fully aware that The Fed since, basically, the Greenspan era has spawned a generation of market players who...
20Sep10:12 amEST
In the Evergrande Scheme of Things
With tons of off-the-cuff Evergrande analysis out there for you to enjoy right about now, the last thing you need from me is another China macro tourist opinion. On that note, I find it fascinating that so few people are even mentioning (even if to then quickly dismiss) the potentially massive head and shoulders top on the small cap-dominated...
19Sep10:10 amEST
Special Edition: Full-Length Weekend Strategy Session 09/19/21 {Video}
For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of...
17Sep12:19 pmEST
Another Plot Twist!
It may just be attributable to an OPEX Friday, but the twists and tuns we have seen of late in this market, especially the large cap tech names in the QQQ ETF (updated hourly chart, below) have truly been something to behold as we head towards the FOMC next week. With QQQ suddenly threatening to breach the lower end of a new established range...
16Sep3:28 pmEST
Update on My Upcoming Book, and Markets, Into the Bell
My upcoming sports betting strategy book has already been completed, in terms of the manuscript and cover design. The above picture is the back cover design by Kelsey Grass. The formatting required to publish it both on Kindle and paperback is taking some time, however, and it may be a few more weeks before it is published and available for...
16Sep11:00 amEST
The Most Appropriate Quote for This Market Journey
“There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it’s the end of a bull market or the end of a bear market.” -Paul Tudor Jones I am of the view that the above quote is relatable to the current market, as the daily swings indicate a certain degree of overall indecision manifesting...
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About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
