MarketChess
Showing articles 1971 - 1980 (6601 total)
05Nov10:57 amEST
Time to Zig When They Should Zag
Stocks are mostly cooling off this morning after a nice run in recent sessions, something which is entirely understandable and to be expected especially with a variety of post-earnings selloffs from the likes of AMRN UBER SHAK. Going forward, though, the larger test will be whether this digestion spawns a larger pullback and conjures up...
04Nov1:49 pmEST
Long Live the Commodities Bear Market, Part Deux
More good news for the working thesis that the energy complex has put in a long-term bear market bottom: Natural gas is confirming an intermediate-term inverse head and shoulders bottoming formation, seen below on the UNG ETF daily chart, with a strong gap up above its 200-day simple moving average (yellow line) today. True, natty is enjoying...
03Nov12:18 pmEST
Special Edition: Full-Length Weekend Strategy Session 11/03/19 {Video}
For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of other...
01Nov12:43 pmEST
Let's Take a Recess from the Recession Talk
Further strength in the broad market today, including the suddenly explosive-looking small caps in the IWM (ETF for the Russell 2000 Index) is surely putting bears on the run. For a while now, the overhang of choppy price action in the face of geopolitical, economic, and monetary risks, not to mention global growth slowing, all served to give...
31Oct4:56 pmEST
Stock Market Recap 10/31/19 {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...
31Oct10:37 amEST
Time to Go to Work
Simply put, as we observe the weekly chart for the silver metal ETF, below, it is high time for the precious complex to get going again.With the FOMC out of the way for the foreseeable future, the metals and miners have a reasonably dovish Fed at their backs, although I think they will eventually need to learn to thrive even if rates tick up...
30Oct11:30 amEST
Not Trading Scraps Before the Primetime Schedule
We have some uninspiring price action this morning in front of a loaded primetime schedule this afternoon and evening, headlined by the FOMC at 2pm EST and then AAPL FB SBUX TWLO earnings this evening. All things considered, though, the cautious tone of the tape this morning may not be the worst thing in the world for bulls, as it helps to cool...
29Oct11:27 amEST
Banks for the Memories
It is worth reiterating a point we have made previously over the years: The financials in the XLF ETF are pretty much the only major part of the market not to have overtaken their prior all-time highs from last decade. Naturally, with the banks at the epicenter of the financial debit crisis in 2008, it only makes sense that they would be the...
28Oct4:15 pmEST
Stock Market Recap 10/28/19 {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...