MarketChess
Showing articles 1481 - 1490 (6601 total)
01Dec11:13 amEST
A Ceremonial Tuesday
New month or not, we have an almost-ceremonial turnaround Tuesday vibe to the market, something we have seen countless times heretofore, in terms of buyers feeling emboldened after the slightest bit of weakness. I escaped a levered short IWM trade with a win both yesterday and this morning, albeit kicking the trade earlier than I wanted to due...
30Nov2:37 pmEST
Like Ships in the Night
It may very well happen slowly, like two passing ships in the night, but as overheated equities come in a bit and downtrodden gold/miners start to firm up, we could see a nice reversion trade between the two groups. We have discussed this topic both here and with Members of late, of course. But with gold miners staging solid afternoon price...
30Nov10:52 amEST
The Dow is 420 Friendly in More Ways Than One
The recent strong rally in pot-related stocks sure made the market feel about as "4/20 friendly" as it has been in a good while. But then again, with the Dow trading off by 420 points earlier this morning we have another version of a 4/20 friendly tape. Either way, we have some of the recent speculative fervor and uniquely bullish sentiment...
29Nov10:47 amEST
Weekend Overview and Analysis 11/29/20 {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...
24Nov9:55 amEST
The Paper Tiger is Real; He's Just Asleep
No one is talking about gold and the miners, and that suits me just fine. The apathy we are seeing the precious complex is reminiscent of our discussions about energy and materials around Halloween--It was no longer a case of the being "hated," or even mocked, but rather just roundly shunned altogether as a total waste of time. And who can...
23Nov4:16 pmEST
Stock Market Recap 11/23/20 {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...
23Nov10:33 amEST
You Want Price; They Want Value
Holiday week or not, we have yet another Monday morning vaccine-driven gap higher underway. And holiday week or not, we have yet another Monday morning where the growth names in QQQ are lagging, actually flipping red as I write this (alongside AZN itself on the vaccine news). For a while now, we have posited that the high-flying growth leaders...
22Nov11:23 amEST
Weekend Overview and Analysis 11/22/20 {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...
20Nov11:46 amEST
Empty Streets; Sunny Deets
There may very well be renewed uncertainty over various virus restrictions across the country, not to mentioned the Treasury cutting Fed lending program. But you would not know it from gauging solar stocks. Various solars, be it high beta names like SOL SPI SUNW, have been hot this week, and the more standard names like FSLR (below, on its...