MarketChess
Showing articles 3041 - 3050 (6610 total)
22Jan3:43 pmEST
Peaky Blinders or Peaky Bulls for Netflix
Netflix earnings in a few moments after the closing bell here should get everyone into the earnings season mood, if the banks have already. Regarding NFLX, I am still not much of an earnings gambler. However, it is worth noting that NFLX has been apparently under strong accumulation for all of 2018 thus far. On the NFLX daily chart, below,...
22Jan1:26 pmEST
Flowserve: A Valve n' Dump or the Quintessential Energy Catch-Up Trade?
Energy stocks are notably outperforming crude oil itself today, raising the specter of another potential leg higher in a sector on the comeback trail for over a month now. With this in mind, we want to stay opportunistic for "catch-up" trades which have yet to really surge with the sector. Flowserve is one example, as they make the pumps,...
22Jan10:16 amEST
The Henry Ford of the Gaming Industry
After earnings this morning, Wynn Resorts Limited is gapping free and clear above its prior 2007 and 2011 highs, seen on the WYNN monthly chart, below. WYNN is a name we turned bullish on inside the long-term investing/VIP arm of Market Chess Subscription Services last March 2017. Our thesis was that the stock had been adequately punished...
20Jan10:46 amEST
Weekend Overview and Analysis 01/21/18 {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 mark Please click here for more...
20Jan10:36 amEST
Saturday Night at Market Chess Cinemas
A good film to watch on a cold, dark winter night is about an action/adventure/wintry “mountain man," Jeremiah Johnson (1972), starring Robert Redford as pretty much a one-man gang. There is a now-famous internet GIF with Redford in this film, though I suspect many do not know the film from which it is taken. Well, the good news is that the...
19Jan3:20 pmEST
Winging it This NFL Super Bowl Run
Without question, this time of year leading up to the many Super Bowl parties to be had is peak chicken wing season. Of course, this year we must assess the issue of whether the rather controversial season the NFL is having will negatively impact ratings for this coming Championship Sunday, and then two weeks from now with the Super Bowl. It...
19Jan10:42 amEST
Some Plays on the Value Train
We have what seems to be another fairly boring open this morning on the major averages. All things considered, the context of this drifting action is not all that unwelcome by bulls when you ponder the alternative--Aggressive downside follow-through after Tuesday's big reversal down. Small cap issues in the Russell 2000 Index are outperforming...
18Jan4:40 pmEST
Stock Market Recap 01/18/18 {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...
18Jan3:21 pmEST
Big Blue Thawing Out in the Dead of Winter
For those following along on our multi-year series about IBM, last year we noted that it was "anyone's game" now as Big Blue had more than hit its multi-year bearish head and shoulders top discussed years ago here . At that point, it was more of a neutral look and feel to the chart. However, with IBM's recent price action and volume pattern,...
18Jan10:36 amEST
Lithium: Time to Move on to the Next Big Thing
The hot lithium trend (LIT is the ETF, and ALB FMC SQM are the main three lithium/chemical stocks) of the last several quarters is looking rather long in the tooth at this point. On the ALB weekly chart, below, we have a notable rising steep trend break (light blue line). Of course, breaking a steep rising support trendline does not guarantee...