MarketChess
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18May10:12 amEST
The Goldman Golden Magic Hour
With one week before the unofficial start of summer, Goldman Sachs may very well be entering the "magic hour," where we will see if the grind higher amounts to big financial taking the rest of the XLF sector along with it. On the updated daily chart, below, note the move to $205 this morning followed by an initial fade outside the upper...
17May2:20 pmEST
Weekend Overview and Analysis 05/17/15 {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...
17May10:38 amEST
Six Things Happy People (and Traders) Never Do
Courtesy of the Marc and Angel Hack Life website, here are some concepts which apply to a sound mind in trading and the markets, too, beyond life in general. Happy people do a lot of things. They spend time expressing gratitude, cultivating optimism, practicing kindness, nurturing loving relationships, committing to meaningful goals, savoring...
16May1:15 pmEST
Saturday Night at Market Chess Cinemas
"Brotherhood" was a television series that ran on Showtime for three seasons from 2006 through 2008. In my view, no other film or show captures the flavor and personality of the southern New England states. The two leads in the show, Jason Isaacs and Jason Clarke, are simply brilliant. In addition, several other accomplished character actors...
16May10:48 amEST
Legendary Bond Trader "Charlie D"
Here is a good video to enjoy on this Saturday, about the dying art of "pit trading." via YouTube: The March 1989 speech by legendary CBOT bond trader Charlie DiFrancesca ("Charlie D") to other CBOT traders on pit trading.
15May4:15 pmEST
Stock Market Recap 05/15/15 {Video}
If you enjoy my blog posts and videos, then I would encourage you to please click here for more details about joining Market Chess Subscription Services for plenty of value-additive features at a reasonable price. Enjoy the video, and have a great weekend!
15May1:24 pmEST
B.B. King, Featuring Eric Clapton: Riding With The King
In light of news that the great blues artist B.B. King died at age 89 on Thursday , combined with the slow market action today, here is one of my favorite all-time songs. King collaborated with Eric Clapton back in 2000, and this was a track from their first album together. Here is the official video. The rest of the album, of the same...
15May12:20 pmEST
Navigating the Island of Rates
With TLT finally catching some type of bounce which appears to be holding, we can see the fade in regional banks. On the weekly chart of the KRE, regional banking ETF, elbow, note the weekly candlestick forming, pending today's close. The long shadow at the top of the candle signifies sellers presenting themselves above the key $42 level. ...
15May10:16 amEST
Forest for the Trees Perspective
NFLX is gapping up to fresh highs this morning on talks of taking its content to China. However, other leaders like GOOGL are soft on the open. Regarding the earnings gaps I discussed in last night's video as a day-trade setup, the KING gap lower found some initial scalpers at the open off oversold conditions. LOCO may still attract buyers,...
14May5:07 pmEST
Stock Market Recap 05/14/15 {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...
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About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
