MarketChess
Showing articles 2411 - 2420 (6618 total)
12Dec1:59 pmEST
Midday Analysis 12/12/18 {Video}
The following video is an example of the daily, intraday videos which I present Members of Market Chess Subscription Services. Please click here for more details about joining for plenty of other features, as well. I hope you find the video useful. Thank you for watching.
12Dec11:06 amEST
You Can't Always Ask for a Fade
After being lulled into a certain sense of numbness regarding the daily whipsaws and faded gaps higher we have seen in this market over the past few weeks (if not months), this morning's latest installment of the opening surge playbook has more than held its own within the first ninety minutes of trading. While that may seem like a minor, if...
11Dec3:29 pmEST
Look This Black Swan in the Eye
While we know Apple, GE, crude oil, and small caps have all had their issues in recent weeks, the price action in the banking sectors, gauging the KRE and XLF ETFs, has been most alarming. Prominent and even iconic global banking houses like DB GS MS have seen their stocks get pummeled with no mercy shown by the market for most of this...
11Dec11:01 amEST
Fighting the Good Fight
Whereas smooth, bull market uptrends often raise expectations of market players to the point where they become accustomed to the market delivering a plethora of home run long trades and much excitement to the upside, corrective markets often lower those expectations over time to the point where we simply applaud a good effort by bulls. This...
10Dec5:10 pmEST
Stock Market Recap 12/10/18 {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...
10Dec3:02 pmEST
Not Much Margin for Error Now
In the face of another potential leg lower for crude oil, with the USO ETF currently off by more than 3%, equities are sustaining an intraday bounce well off session lows. In fact, the Dow is back in the green as I write this after slumping by more than 400 points this morning. The QQQ ETF is up by roughly 1%, with various tech stocks shaking...
10Dec10:40 amEST
Get Some Distance from the Storm
Despite some continued relative strength in up-and-coming software growth issues (e.g. TWLO) this morning, the notable weakness in the large cap banks housed in the XLF ETF remain an unresolved issue for the broad market. And when we factor in the AAPL gap down off the QCOM court decision this morning, too, it is no wonder that an early bounce...
09Dec10:54 amEST
Sunday Matinée at Market Chess Cinemas
Despite only being three episodes in (with the fourth scheduled to air this evening), I can still confidently recommend Showtime’s mini-series “Escape at Dannemora,” starring Benicio Del Toro, Paul Dano, and Patricia Arquette. Each episode is directed by Ben Stiller, who shows his range in this project as the quintessential behind-the-scenes...
07Dec2:12 pmEST
We've Got Fireworks
The recurring theme in this market seems to be that any exhilarating upside reversal, such as the one we saw intraday in the Nasdaq especially, has been rendered in vain. Indeed, today's price action is downright demoralizing on many fronts for bulls, as we are now right back down to our correction lows on most of the major averages. The bad...
06Dec2:26 pmEST
Shaken and Stirred, Yet Unperturbed
Shares of TripAdvisor, Inc. continue to distinguish themselves this broad market correction from the other travel-related stocks such as BKNG (formerly Priceline), EXPE, and India's MMYT. On the updated TRIP daily chart, below, today's relative strength on top of the general strength of the chart in general this correction may very well get...