MarketChess
Showing articles 4921 - 4930 (6612 total)
26Jan12:51 pmEST
Some Clear Obstacles Standing in the Road
As it becomes more apparent that crude oil and equities are, by and large, correlated rather closely in this market environment, both sides of the trade endure higher risks overnight. In particular, the risk of a sizable gap up or down, at random, significantly rises in a corrective market. So just as bottom-fishing longs are being humbled, so...
26Jan10:53 amEST
Keeping Them Honest Before Some Big Games
In front of Apple earnings tonight and the FOMC tomorrow afternoon, some of the notably weak parts of the market are charging higher this morning. Specifically, the energy/materials complex, financials, and emerging markets are clearly leading, along with the mega caps in the Dow Jones Industrial Average, while small caps, biotechnology...
25Jan5:11 pmEST
Stock Market Recap 01/25/16 {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...
25Jan2:54 pmEST
I'm Gonna Go Sell the Papers, Sell the Papers
With the way the paper/packaging plays are behaving today, as a Member astutely noted, AMZN may have a ugly surprise coming up for earnings later this week on Thursday. But even if the Amazon extrapolation is too much of a stretch, there is no doubt that stocks like PKG IP KS GLT WRK are getting decimated today, acting like they are getting...
25Jan12:18 pmEST
Battling the Elements
Working our way through the New York lunch hour, stocks are still churning. The small/mid-cap biotechnology issues housed in the XBI ETF are actually outperforming here, up over 1% as I write this, which is impressive considering the IWM (small cap ETF of the Russell) is lagging and flirting with a breakdown below $100, seen on the 10-minute...
25Jan10:55 amEST
Slush Puddle Market
In the wake of an historic east coast blizzard over the weekend, stocks are responding much in the same way local (secondary and tertiary) roads look, beyond the infamous New York City slush puddles. Simply put, we are looking at a sloppy morning of trading, with most stocks spinning their wheels. Crude oil is working off some of its rally from...
24Jan2:42 pmEST
Weekend Overview and Analysis 01/24/16 {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...
24Jan11:39 amEST
Sunday Matinée at Market Chess Cinemas
On this NFL Championship Sunday in the dead of winter, return to a film which I recommended several years back, Everybody’s All American (1988). But it is certainly worth suggesting again, especially since I suspect many have not watched it. I consider this one a classic, and it is easily my favorite football movie of all-time, accurately...
23Jan12:42 pmEST
The History of the Rockefellers
Whether or not you are buried under a few feet of snow today, below is a worthwhile historical documentary to watch on this Saturday about one of the most iconic families in American finance. via YouTube The Rockefeller family is an American industrial, banking, and political family of German origin that made one of the world's largest...
22Jan3:34 pmEST
The Euro Looks Ready for a Chic, Trendy, Dirt Nap
In the wake of Mario Draghi's Dove-fest this week, the Euro is teetering on a fresh leg down versus the Dollar, in particular. For a while now, the Euro/Dollar cross has been in strong downtrend, even if it has yet to go to parity. Nonetheless, with the Dollar strength today you can plainly see the chart's vulnerability to a true breakdown on...