MarketChess
Showing articles 801 - 810 (6617 total)
24May11:28 amEST
Snap Snaps Off, Reminiscent of Ancient Greece
Towards the end of the Ancient Greek civilization, after Alexander the Great's empire in 323 B.C. until the utter defeat at the hands of the Romans in the Battle of Corinth in 146 B.C., the Ancient Greeks saw increasing participation in theatre. It seemed as though everyone wanted to be a performer all of a sudden which, perhaps, was a symptom...
23May11:06 amEST
Hey, Hey, We're the Monkeypox Plays
On second thought, while you can always try to scalp the likes of INO SIGA or a bunch of other Monkeypox plays in this week leading up to a major holiday one week from today, I would rather focus on a more constructive chart with a macro story I find more compelling. Natural gas, of course used for air conditioning homes in coming summer...
22May10:04 amEST
Weekend Overview and Analysis 05/22/22 {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...
20May8:25 amEST
Here's the Last Inflationary Bear Market We Had
I know it is a Friday in late-May, with summer ahead of us after a grueling winter. So, you will pardon my sobering update here. But I do believe it to be quite instructive. The last time this country saw a protracted inflationary bear market was from 1966-1982. While it is certainly true that there are various differences between now and...
19May3:40 pmEST
They're Trying to Mask it From You
While ARKK and many downtrodden growth stocks catch a bid today we have shares of AAPL (below on daily chart) hitting their lowest levels since July 2021. With a $2.22 trillion market cap, and the trifecta of ETF component weightings (DIA QQQ, and SPY), Apple is as serious as serious gets for this market. We know Buffett is still in the name,...
19May10:09 amEST
Oh, Have Another One!
I know I am dating myself with Toll Booth Willie references (about thirty years ago at this point). However, it is worth driving home the point that the transportation stocks, which got many bulls quite giddy as summer approaches regarding pent-up demand for travel and general post-COVID animal spirits, have actually gone in the other...
18May3:05 pmEST
Cash First, Ask Questions Later
With many key spots in the market, be it with the Dow (on the DIA ETF daily chart, below) or any number of prominent stocks, giving up multiple sessions worth of gains all at once today, I elected to move back to full cash with Members a few hours ago. With the exception of a recent ag long I took on late yesterday, I was able to escape with a...
18May10:25 amEST
That's an Excellent Question, Mr. Lombardi
Shares of Target are getting eviscerated after earnings, to the point where no one even bothers to make the Americana joke of "Target or Tar-Jay" with regard to the retailer's pronunciation. Some broad market jitters off the TGT pounding is not too surprising, though. However, what is surprising is the action below the surface thus far today....
17May4:23 pmEST
Stock Market Recap 05/17/22 {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...
17May10:22 amEST
The Next Maneuver
Tech and bios are among the leaders of this morning's bounce, as the conventional wisdom that this is a mere "bear market rally" seem to be rather dismissive or skeptical of the move. Granted, I myself believe this is a bear market rally. However, I suspect a few more weeks of this type of action, sandwiching Memorial Day Weekend, will shift...