MarketChess
Showing articles 1351 - 1360 (6634 total)
05Apr3:34 pmEST
No Mania for You? I Have Your Play Right Here...
I always find it amusing when some people try to pigeonhole this website and our general strategy as this, that, or the other thing. In reality, we have demonstrated over a period of years that we are willing and able to adjust to the market's ever-changing landscape while still staying focused on sound risk management principles. Yes, we...
05Apr10:49 amEST
Uranium is the New Solar
Since its inception in late-2010, the uranium ETF (URA, below on its monthly chart) has been a pretty good counter to the, "everything is in a bubble" crowd. You are talking about a decade worth of dead money and disappointing price action, even with uranium and nuclear energy staring us in the face as a clean, abundant, and efficient...
04Apr10:33 amEST
Weekend Overview and Analysis 04/04/21 {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...
01Apr11:10 amEST
April Fool's Paradise
fool's par·a·dise /ˈfo͞olz ˌperəˌdīz/ noun a state of happiness based on a person's not knowing about or denying the existence of potential trouble. The S&P 500 Index above 4,000, tech stocks finding a strong bid the last two sessions and taking the baton back from the infrastructure monsters which clearly front-ran the Biden...
31Mar3:36 pmEST
Hey, Dr. Jones, No Time for Love. We Got Setups!
Strong day for the Nasdaq and indeed many beaten-down growth names, such as our MASS play from yesterday. As we suspected, sentiment has been washed out and they are likely enjoying a seasonally bullish reprieve for the time being. I am not so sure about long-term entries for tech at this point. But for swings there are relative strength...
31Mar10:56 amEST
Shallow Hal Market
The growth darlings during the heart of 2020 (from the March lows through about Halloween/Thanksgiving) went from looking like, shall we say, one version of Gwyneth Paltrow in Shallow Hal (2001) to, shall we say, another version of her. As it stands now, many of the hot-to-trot growth names of 2020 are not looking very good at all on daily...
30Mar3:49 pmEST
...But I Might Be a Whole Mass
Into the bell, I went long 908 Devices, Inc. after they had earnings this morning, with a stop-loss below $41. Located with all the wonderfully warm and pleasant people in Boston, Massachusetts, 908 has the appropriate ticker symbol, MASS. To be serious, though, if you take a gander at their website and read the conference call I think you...
30Mar10:46 amEST
A Leader Returns from Exile
Beyond the bullish price action itself, not to mention the relative strength to choppy if not outright bleeding growth names thus week, one of the more bullish aspects about the rallies in materials plays like USCR and X has been the downright lack of enthusiasm from market participants and pundits alike concerning the group's strength. To be...
29Mar4:23 pmEST
Stock Market Recap 03/29/21 {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...
29Mar10:33 amEST
Let's Go HAM, But Not in a Bill Hwang Kind of Way
Concerns about a contagion in the wake of Bill Hwang's forced liquidation last Friday are clearly front and center this morning, as the financial news media runs with the sensationalist story of a gambling fund manager who may very well be one of the poster children for the unintended consequences of The Fed's historically easy approach to...