MarketChess
Showing articles 2871 - 2880 (6609 total)
02Apr3:45 pmEST
There She Goes: A Dark Start to a New Quarter
Much like the weather in the northeast today, bulls who were hopeful for a new start to April, the second quarter of trading, and spring in general are facing some more winter volatility and a huge Dow drop. That said, my concern with pressing shorts in the very near-term would be not getting swept up in a widely-watched 200-day moving average...
02Apr1:59 pmEST
Changes in Latitudes, Changes in Trading Platitudes
It's these changes in latitudes, changes in attitudes Nothing remains quite the same With all of our running and all of our cunning If we couldn't laugh we would all go insane - Jimmy Buffett, "Changes In Latitudes, Changes In Attitudes" While posting an occasional quote or witty saying is always appreciated, I am not one to spend my days...
02Apr10:42 amEST
Silver Miners: Sending Out an SSR
Silver is outperforming gold this morning, a fact which stands out considering gold is usually considered the safe haven during times of uncertainly and a bit of a fear in the equities' market. Silver, therefore, with its industrial exposure, typically takes a backseat to the store of value which gold provides. Thus, with SLV, the silver ETF,...
01Apr9:14 amEST
Weekend Overview and Analysis 04/01/18 {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...
31Mar8:41 amEST
Saturday Night at Market Chess Cinemas
After recommending the first season of the Amazon Prime Original Series, "Sneaky Pete," last year, I am going to follow-up after watching season two and re-recommend the show. There is plenty of overlap in this show with the FX standout, "Justified," from years back, with Graham Yost behind the scenes as an executive producer and Desmond...
29Mar1:43 pmEST
It's Not How You Drive, It's How You Arrive
Headed into a three-day holiday weekend as the first quarters of trading comes to a close, it may be a bit much to expect bears to press with the likes of Amazon and Tesla now both very oversold short-term and trying to at least stage respectable relief bounces. Thus, bears who are counting on a corrective market to automatically close poorly...
29Mar10:40 amEST
Used Car Dealer with No Dealership? Analyze That!
The various quirks and inconveniences of dealing with an in-person car dealership experience , especially for used cars, may be a thing of the past if Carvana continues to grow. Based in Phoenix, Carvana is an online-only used car dealer that allows customers to shop, finance, and trade in cars through their website. Beyond the intriguing...
28Mar3:46 pmEST
Stock Market Recap 03/28/18 {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...
28Mar12:51 pmEST
Wendy's is Getting No Respect
With the broad market still very much indecisive and corrective amid a sharp tech unwind, it is interesting to see fast food player Wendy's consolidating rather well at eleven-year highs to little fanfare, if any. Wendy's is a name we have profiled before and one I am holding in my long-term portfolio, betting that its current $4 billion...
28Mar10:24 amEST
How lululemon Got Her Groove Back
After top and bottoming line earnings beats this morning, shares of lululemon athletica Inc. are up by more than 10% in a soft tape and hitting new all-time highs. As you can see on the LULU daily chart, below, the stock has been in a fairly attractive consolidation pattern near those highs for quite some time. And, as usual, it took an event...