MarketChess
Showing articles 3301 - 3310 (6619 total)
02Oct3:48 pmEST
From FANG to FANG
Much like in the movie, Wolf (1994), other parts of the market may now start to develop their own FANGs, beyond the FB AMZN NFLX GOOG(L) quarter composing the rather ubiquitous FANG acronym. Indeed, even with crude oil down 2% today, for example, the energy exploration firms in the XOP ETF, typically a high beta derivative of oil, is...
02Oct1:26 pmEST
A New View
The mega caps in the Dow Jones Industrial Average are clearly outpacing the large cap tech stocks in the QQQ (ETF for the Nasdaq's top 100 market-weighted names). Small caps are defiantly ignoring extended conditions, once again, too. I was a net seller into strength this morning, and am mostly looking to see if bears attempt to make a move on...
02Oct10:44 amEST
In the Wake of the Las Vegas Shooting
Stocks are broadly higher this morning, as the mass shooting in Las Vegas overnight is being seen as an isolated event, despite the jaw-dropping number of those people murdered in cold blood and wounded. As someone who has spent a considerable amount of time in Las Vegas, the part of The Strip (south) where the shooting occurred (on MGM's...
30Sep2:37 pmEST
Weekend Overview and Analysis 10/01/17 {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 mark Please click here for more...
30Sep2:35 pmEST
Saturday Night at Market Chess Cinemas
Based on the 1925 story of the same name by Agatha Christie, Witness for the Prosecution (1957) is well worth a viewing. Directed by the legendary Billy Wilder, this film pulls off the formidable courtroom drama genre (with a splash of noir elements), a concept which seems easy in theory but which is often difficult to turn into a quality...
29Sep1:26 pmEST
A Surprising Choice
Given some of the recent strength in the ag complex, one would think that the grains (corn, wheat, etc.) would be faring a bit better than they have of late. Still, on the back of an active and, at times, devastating hurricane season, combined with the increase in demand and widely-accepted health benefits of darker chocolate it is no wonder...
29Sep10:47 amEST
They Don't Need Virtual Reality in Russia
Lost in the shuffle of this bull run in equities is the rather distinguished price action in RSX, the country ETF for Russia. While it is certainly true that emerging markets, in general, have been turning in impressive action virtually all year, the recent pullbacks in India, China, and Brazil (the other three components of the BRIC acronym)...
28Sep3:58 pmEST
Stock Market Recap 09/28/17 {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...
28Sep3:48 pmEST
Let's Get Ready to Roku
The streaming software and device manufacturer Roku Inc. (ROKU), which turned in a pretty good first day of trading by the way, reminds me that bulls want to see a notable uptick in virtually all forms of animal spirits here to accompany the Russell breakout. Beyond IPOs, some more mergers & acquisitions activity is something we have noted...
28Sep1:13 pmEST
The Unsinkable Conglomerates
Although it may seem as though the big, bulky media conglomerates (see: CMCSA's $178 billion market cap, for example) are the epitome of safe investments and virtually unsinkable, the same was said about the RMS Titanic before its maiden voyage from Southampton to New York City. And, yet, even in this historically resilient bull market, the...