MarketChess
Showing articles 3031 - 3040 (6619 total)
29Jan1:30 pmEST
Go with the Flow for Now
Early weakness has yet to snowball downhill in the manner I am sure bears want to see, as bulls did a good job this morning of defending $285 on SPY (actively-traded ETF for the S&P 500 Index), seen on the intraday chart, below, with a 5-minute "hammer" reversal candle. Keep in mind, this is a very short-term chart and should only be used as a...
29Jan10:35 amEST
Hacky Sack Might Save the Day for This Loser
Insys Therapeutics, Inc., a top ten holding in the MJX ETF for marijuana-related stocks, is off to a strong start this morning amid a sluggish tape. The daily chart for INSY, below, shows price attempting to hold its 200-day moving average (yellow line) after backtesting it several times of late. In addition, the daily chart does not tell the...
27Jan6:03 pmEST
Weekend Overview and Analysis 01/28/18 {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...
27Jan6:01 pmEST
Saturday Night at Market Chess Cinemas
One of Ben Stiller’s better non-comedy performances can be seen portraying a real-life drug addict in Permanent Midnight (1998), also starring the stunning Maria Bello and Owen Wilson. Critics and audiences alike did not seem too fond of this film, but I believe it is underrated and worth a viewing. via imdb.com Comedy writer Jerry Stahl,...
26Jan2:13 pmEST
Following Up on Wynn Resorts and Steve Wynn
In light of this blog post from Monday, I thought it would be the right thing to follow-up on WYNN in light of (according to Mediate, and other sources like the WSJ) allegations that Las Vegas hotel and casino mogul Steve Wynn is facing dozens of accusations that he displayed a pattern of sexual misconduct over the years, which included...
26Jan10:56 amEST
There's Two or Three Potential All-Stars in There
To paraphrase Lou Brown, there may very well be two or three potential All-Stars in the beverage space. We know that buyout rumors have been swirling for a while now, what with pressure on the likes of DPS KO PEP, and others, to grab up-and-coming growth as consumer tastes evolve in beverages. MNST SODA and FIZZ are the three main prospects....
25Jan3:28 pmEST
Stock Market Recap 01/25/18 {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...
25Jan3:24 pmEST
Hey Karl, Let's See if You Can Figure Out What's Wrong with This Market
"You see there, Scotter. He thinks of the simplest things first" It sure seems like, after several gaps higher in a row, that this market is a bit of out of gas for now. Getting light is likely right.
25Jan1:27 pmEST
All the Right Moves and Buzzwords
From Wikipedia: HealthEquity, Inc. is designated as a non-bank health savings trustee by the IRS. This designation allows HealthEquity to be the custodian of health savings accounts regardless of which financial institution the funds are deposited with. Without question, there are plenty of interesting buzzwords in that description regarding...
25Jan10:41 amEST
Spring is a Long Way Away
Despite Caterpillar turning in strong earnings, the Big CAT is currently red as the major averages whip around once again. Early sloppiness has not yet led to the type of downside reversal and follow-through which bears have been yearning for, though. And that dynamic compels us to wade through the chop and identify which stocks remain...