MarketChess
Showing articles 1051 - 1060 (6602 total)
26Oct3:31 pmEST
This is Really Going to Hurt
You would never know that gold's multi-year, zoomed out chart looks as constructively as it does given how exasperated gold bugs appear to be of late--But that's just it: Sentiment is so washed out in the precious complex that even legends like Paul Tudor Jones have essentially shrugged the asset class off in favor of crypto. To be clear, I can...
26Oct10:51 amEST
Suddenly, the Quiet Part of Town
Between the moves in TSLA, crypto, commodities, and even the drama with Facebook, it has been rather easy to forget about the biotechnology stocks. After all, as you can plainly see on the zoomed-out XBI sector ETF, bios corrected sharply over the winter and then have spent the last six months or do in the epitome of a "dead money" pattern. ...
25Oct4:36 pmEST
Stock Market Recap 10/25/21 {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...
25Oct10:57 amEST
Obstacles in War
The global materials mining giants, BHP RIO VALE, have noticeably lagged the rally in commodities and commodity stocks in recent months. This is most likely due to the fallouts in China from the Evergrande issues, not to mention lingering COVID lockdowns in places like Australia. However, as the commodity bull seemingly flexes on a daily...
23Oct6:51 pmEST
Weekend Overview and Analysis 10/24/21 {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...
22Oct11:20 amEST
It's Not a Meme Stock, But it Might Start Trading Like One
The general malaise of today's tape, so far, reminds me of the market back last winter during the initial meme stock rallies in AMC and GME, and the like. Back then, the sheer momentum and fast gains captured the attention of just about everyone, be it speculators, pundits, and financial news, to boot. This, in turn, seemed to drain the broad...
21Oct11:59 amEST
Deception is Not the Exception
After a strong open, we are seeing small caps reverse down to red, illustrated on the real-time candlestick forming on the IWM ETF daily chart, below. Led by NFLX and especially the runaway move higher in TSLA, the QQQ ETF is trying to hold things together and, perhaps, motivate dip-buyers to give it their usual effort later today. Just as we...
20Oct5:04 pmEST
Stock Market Recap 10/20/21 {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...
19Oct2:56 pmEST
PRINT VERSION AVAILABLE NOW! My Book, "A Street Smart Guide to Modern Sports Betting"
I know that quite a few of you have been patiently waiting for the paperback version of my new book to be released. Well, that day has come. This book appeals to beginners through experts in sports betting. CLICK HERE TO BUY IT NOW! Thank you to those of you who bought the Kindle version, and for the excellent feedback. If you so choose,...
19Oct10:20 amEST
I am Long Silver, and Looking to Get Longer
Charlie Gasparino had an excellent piece in the New York Post last week explaining the intricacies of why the progressive wing of the Democrat party has turned so sour on Fed Chair Jay Powell, and why the Biden Administration may be having second thoughts about his reappointment. If Lael Brainard takes over as Fed Chair, the presumptive...