MarketChess
Showing articles 5251 - 5260 (6613 total)
05Oct1:56 pmEST
Back to the Roaring Twenties
The rally in the gold miners is continuing today, even with the gold metal ETF slightly red. Silver is performing admirably, while the senior gold miners in the GDX ETF outperform the juniors in the GDXJ. With this in mind, it is worth keying off the juniors into the final two hours of the trading. On the GDXJ 30-minute timeframe, below, note...
05Oct12:23 pmEST
Sector Foliage
Just in time for "fall foliage" is a sector rotation today, with large cap biotechs clearly lagging, as is AAPL, while energy/materials stage a counter-trend rally from depressed conditions. At issue, of course, is the sustainability of the move. But, for now, it is sufficient to buoy a further rally stemming from the broad market reversal...
05Oct10:33 amEST
Climbing Up the Corrective Stairs
As it stands now, there is little concrete evidence of a major bottom in equities being put into place. While that may seem anti-climactic, the reality is that the same discipline which enables you to avoid a swoon like we saw in August also compels you to wait out a potential bottoming process, as it is likely to take time and much...
04Oct3:16 pmEST
Weekend Overview and Analysis 10/04/15 {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...
04Oct12:05 pmEST
Sunday Matinée at Market Chess Cinemas
Netflix’s first venture into original programming began with the Norwegian drama/comedy series "Lilyhammer" back in 2012. The show ran for three seasons, until it was announced this summer it would not renew due to behind-the-scenes issues. But, make no mistake, the series is top notch, essentially serving as the "Better Call Saul" spinoff...
03Oct12:11 pmEST
Saturday Education: Commodity Currencies 10/03/15
The following video, which focuses on the topic of "commodity currencies," is part of the educational content which I frequently provide to Members of the Market Chess Subscription Services. This topic, of commodity currencies, is an often-overlooked one by many market players. But it may be worth incorporating into any analysis of commodities...
02Oct4:14 pmEST
Stock Market Recap 10/02/15 {Video}
If you enjoy my blog posts and videos, then I would encourage you to please click here for more details about joining Market Chess Subscription Services for plenty of value-additive features at a reasonable price. Enjoy the video, and have a great weekend!
02Oct2:48 pmEST
Time to Stop Being a Bully
The easiest downtrending stocks and sectors to pick on, such as casinos, energy, even select social media losers, are staging sharp squeezes today, driving home the point of how careful shorts must be even with the S&P 500 Index having traded below its (declining) 200-day simple moving average for roughly six weeks now. Headed into next week,...
02Oct11:51 amEST
Walk the Line with Joaquin Barreling Down
Yesterday we discussed how the small cap ETF for the Russell went ahead and filled its Wednesday morning gap at $107.78. The Nasdaq in the QQQ and S&P in the SPY, however, did not. With dip-buyers out attempting a reversal in the broad market today, namely in biotech, I am keying off that IWM gap as a good dividing line insofar as determining...
02Oct10:18 amEST
The Pacific Will Be Our Theater of War
On a nightly basis, Members have been honed in on the price action of the Japanese Yen, as it is usually inversely correlated to equities and, indeed, global risk appetite. Specifically, we have been keying off the Dollar/Yen cross, where the Yen is the denominator and the chart can move directly with equities, for example. But to simplify...
FOLLOW chessNwine
MARKET CHESS SUBSCRIPTION SERVICES
Full-Length Video Recaps & Strategy Sessions
Private Twitter Feed Access
Custom Videos Tailored to You
chessNwine HAS BEEN SEEN ON
Top Pages
About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
