MarketChess
Showing articles 1401 - 1410 (6647 total)
09Mar10:42 amEST
Rope in a Few Bounce Plays
In last night's video both here and with Members we discussed the often-overlooked 150-day simple moving averages being tested on both ARKK and TSLA. Seeing as they are bouncing hard along with most things tech this morning as rates back off, we now have context going forward for mot bounce plays: Should ARKK and TSLA surrender their 150-day...
08Mar4:22 pmEST
Stock Market Recap 03/08/21 {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...
08Mar10:45 amEST
Tepper Monday Front Runs Turnaround Tuesday
With his well-earned gravitas in play, hedge fund manager David Tepper threw his market-weighted opinion around this morning again, reminiscent of the post-Labor Day 2010 rally after his famous "balls to the wall long" exhortation on CNBC. Given that equities had managers to find some footing, albeit in a violent way, on Friday, I had decided...
05Mar10:55 amEST
Rebuilding is Inevitable
A fairly pronounced downside reversal off a gap higher this morning, led by ARKK QQQ TSLA and the small and micro cap stocks in the IWM and IWC, respectively, has the look and feel of a market still in an ongoing correction with a rising risk of a washout below given how many longs seem to be cocksure a bottom is imminent. One of the...