MarketChess

05Jan11:48 amEST

Weekend Overview and Analysis 01/05/20 {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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04Jan11:52 amEST

The Long Depression: Panic of 1873

Below, you will find a fascinating short clip. For more on this topic, see this PBS article relating to the Ken Burns' documentary. 

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03Jan10:39 amEST

Known Unknowns

One of the more interesting psychological aspect about last night's headlines regarding a White House-ordered U.S. airstrike killing top Iranian Military General, Qassem Soleimani, is how quickly many were to jump to conclusions about the fallout from this news. Instant predictions for World War III were quite popular, as were praise and harsh...

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02Jan2:12 pmEST

Software Keeping Bears Soft

The strength seen in many of the software names housed the IGV and HACK ETFs (with the latter focused on cybersecurity issues), seems worthy of the a Steve Ballmer dancing GIF given the weakness in small caps and many biotechs today. Heck, even the mid-caps are weak in the MDY, sporting a similarly red, prominent candlestick on daily timeframes...

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02Jan11:07 amEST

Newfound Resolve for the New Year

Software, semiconductors (e.g. AMD), and overlapping China plays related to those two sectors are clearly stealing the show on the long side in this first trading session of 2020, so far. Their strength seems to be offsetting the weakness in small caps and biotech, too, with the IWM and IBB XBI all dipping slightly as I write this. Clearly, the...

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31Dec2:41 pmEST

Cheers to a New Year, New Decade

Impressive relative strength in IWM's small cap stocks, biotechs in the XBI ETF, as well as assorted other names like LULU NFLX TSLA is likely a positive sign for bulls that this mild dip is not too menacing. Of course, we are talking about a New Year's Eve trading session, which makes overanalyzing pretty much anything related to the markets...

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30Dec10:47 amEST

Did This Holiday Rally Really Go Off the Rails?

Seeing the Dow down 200 points right now may seem at odds with the notion of the "Santa Rally," encompassing the last five trading days of the year and spilling over into the first two sessions of the new year. However, as we noted with Members late-last week and over the weekend, it may very well be a situation where the extended rally prior...

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26Dec1:47 pmEST

Santa is Officially in Town

Santa Rally: The S anta Claus rally is a typical rise in stock prices during the last five trading days in December and the first two trading days in the following January. With the Santa Rally officially underway as we wind down 2019, it is fairly standard to see the likes of AMZN begin to catch a strong bid. We have been long Amazon...

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25Dec1:53 pmEST

George Washington's Bold Christmas Gamble

We often discuss the risk management aspects about trading and markets, be it position sizing, stop-loss placement, selectivity of actual trades placed, broad market and psychological considerations, not to mention external factors like earnings, known risk events, and so forth. All of those elements can go a long way towards sustainability as...

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23Dec11:36 amEST

Holiday Trading Theory 12/23/19 {Video}

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