MarketChess
Showing articles 2001 - 2010 (6645 total)
21Nov10:46 amEST
Bide Your Time, for the Bigger Game Awaits
Despite some more dealmaking this morning, namely SCHW buying out AMTD (which, by the way, the market is wholeheartedly celebrating since the acquiring firm, SCHW, is higher by 8% in addition to AMTD up around 20%), the broad market remains in near-term pullback mode after a multi-week advance on the major indices. Naturally, bears will argue...
20Nov11:09 amEST
Organizing the Chaos
Despite a post-earnings rally from Target attempting to cancel out the Home Depot selloff yesterday in the larger cap retail space, the broad market generally came out of the gate sluggishly this morning. However, small caps and software displayed some notable early strength. And as I write this that continues to be the case alongside some good...
19Nov12:39 pmEST
Stay Opportunistic, Yet Vigilant
Quite a few biotechnology and healthcare stocks have suddenly caught fire of late, with Karuna Therapeutics Inc. (KRTX) the face of the current rally, on an improbable and exhilarating run this week from $17 to $152. The party may have more fun yet to come, though we know biotech always presents its own unique set of risks. On the one hand,...
18Nov3:29 pmEST
Holidays Coming...Soon
Much like our analysis of Square (SQ) last week, Netflix (NFLX) may very well be in the same place as a former high-flying market leader which has become a fairly obvious laggard among large cap tech stocks for at least the last four months. On the updated NFLX weekly chart, below, with the stock pushing back above $300 today there figures to...
17Nov3:25 pmEST
Weekend Overview and Analysis 11/17/19 {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...
14Nov3:49 pmEST
Stock Market Recap 11/14/19 {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...
14Nov10:51 amEST
Payments Under the Christmas Tree
Payments growth leader Square has fallen off the radar from many traders for a good while now, and rightfully so. On the second weekly chart, below, Jack Dorsey's other firm, SQ, topped out back in very early-October 2018 and has since been a glaring laggard amid various cycles when software and growth stocks were hot as can be. Since...
13Nov10:59 amEST
It's Not OK to Overlook Snap, Boomer
Late-last year shares of SNAP slumped as low as a $4-handle, easily one of the more ferocious decline during the broad market fourth quarter correction of 2018, with bears declaring the name to be imminently dead and a social media/app fad which had since run its course. Since then, however, the stock literally "snapped" back hard, rallying in...
12Nov2:55 pmEST
Dating Games; Earnings Games
I spent the better part of the last few hours trying to get ahold of someone in the corporate department for one of my holdings to see whether or not they actually had earnings tomorrow morning. And with the way corporate phone lines are set up now, it seemed like a miracle that I was able to get another human being on the actual phone to get...
12Nov11:06 amEST
Coming Home for the Holidays
In the midst of what seems like too many market players and pundits alike focused on whether or not we see another pullback before a potential year-end move higher, my focus is more on the underlying health of various key sectors. Recently, we have seen the likes of semiconductors flash spurts of brilliance, although they be able to reasonably...