MarketChess

27Mar12:56 pmEST

Citron and Twitter: A Social Match Made in Heaven

Shares of Twitter, Inc. were off by more than 8% today, as Citron Research came out with a rather bold and visible call for the stock to drop down to $25, after hitting recent highs of $36.80 earlier this month. Citron actually went so far as to say that of all the social plays beyond Facebook, Twitter was actually the most vulnerable to a...

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27Mar10:43 amEST

Let's Work on Our TAN for Summer

Housed in the TAN sector ETF, solar stocks have quietly been outperforming most energy and materials names of late.  In particular, Sunrun (RUN) out of  San Francisco and Israel's SolarEdge (SEDG) seem to be the two standouts, with both stock charts on a tear since the second week of February with no signs of slowing down. The fact that RUN and...

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26Mar3:45 pmEST

Stock Market Recap 03/26/18 {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...

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26Mar3:42 pmEST

It's No Big Deal, We're Just Having a Party Here

Many, many years ago I was playing poker at Foxwoods, in the heart southern New England, and the dealer at my table made several mistakes in the middle of a serious hand with a substantial pot sitting in the middle of the table. I was not in the hand myself but can still vividly remember it.  The young poker dealer was obviously fresh out of...

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26Mar1:14 pmEST

Shaking off the Facebook Warts

Despite glaring weakness in the likes of FB and TSLA today, bulls are putting up a decent fight this afternoon as the Nasdaq withstood a mid-morning fade and is not too far from retesting session highs as I write this.  While it remains true that the 30-minute timeframe charts of the major index ETFs (DIA IWM QQQ SPY) are far from wildly...

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26Mar10:29 amEST

Commence Relief Rally: To Levitate or Not?

The opening gap higher this morning across equities is practically the living, breathing definition of what a "relief rally" is, where market players who had been leaning on the long side can let out a sigh of relief that the heavy selling we saw late-last week did not have a snowball effect over the weekend and spawn an even nastier,...

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25Mar12:14 pmEST

Weekend Overview and Analysis 03/25/18 {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...

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24Mar6:00 amEST

Saturday Night at Market Chess Cinemas

Mean Streets (1973) is often seen as the the film which gave birth to some of the later classics in which Robert De Niro and director Martin Scorsese collaborated. I recommend it on a standalone basis as well, though the context for future films is warranted too. via YouTube: Harvey Keitel plays Charlie, working his way up the ranks of a...

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23Mar10:21 amEST

A Constructive Mindset for a Corrective Market 03/23/18 {Video}

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22Mar10:40 amEST

Don't Let the Action Be Your Juice

For swing traders, holding stocks for more than a few moments or even sessions, this type of price action should drive home a key point in virtually all forms of speculation: Be it horse racing, sports betting, poker, etc.. And that point would be that there are certain times where it is correct to lay off the action.  The notion of "having...

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