MarketChess
Showing articles 3711 - 3720 (6607 total)
11Apr1:38 pmEST
Tough to Invent a Better Setup
If you are looking for a clean bearish setup, not even Thomas Edison (colorized pictured above, enjoying a vacation) could invent one like we have on the QQQ 30-minute chart, below. But therein lies the rub. For years now, those "textbook" bearish setups seemed too obvious to work, as many theories float about how markets have changed and the...
11Apr10:38 amEST
A Hot Attraction Gone Cold
It is not just Qualcomm anymore. The semiconductors, as a group, are now under pressure and that seems to be concerning to equities now, too. For a while now, QCOM was deemed a special situation for us inside Market Chess Subscription Services, as we shorted the name recently as well as earlier this year into its massive spike down. But the...
10Apr3:52 pmEST
Stock Market Recap 04/10/17 {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...
10Apr3:50 pmEST
Whole Foods Fighting Food Deflation One $6 Asparagus Water Bottle at a Time
Into what has turned out to be a quiet afternoon, Whole Foods got its activist investor, in Jana, and subsequent rally. Interestingly, Jana mentioned food deflation as one of the great struggles for WFM, and suggested the firm should put itself up for sale. Of course, the notion of deflation and Whole Food is a bit, well, rich, when you...
10Apr1:46 pmEST
Chipotle's Chart and Its Plan to Win
It may be well over ten years since McDonald's spun off Chipotle Mexican Grill, but CMG is now trying to stage a turnaround not unlike what MCD did in the wake of the "Super Size Me" controversy around 2004. Back then, MCD was taking shots all the way around, be it from markets, politicians, business competitors, and general social stigma. But...
10Apr10:37 amEST
Uranium Tries to Break the Wedge of War
Nothing quite like waging some war in order for uranium stocks to break their "wedge of war," highlighted below on the ETF's daily timeframe. With global tensions rising, now would seem to be the proper time for uranium stocks to wake up from a multi-month nap. Before that nap, uranium stocks were off to a hot start in 2017, but apparently...
08Apr9:22 pmEST
Weekend Overview and Analysis 04/09/17 {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...
08Apr9:21 pmEST
Saturday Night at Market Chess Cinemas
Searching for Bobby Fischer (1993) is certainly one of those films which seems to have stood the test of time, as poignant now as it was in the early-1990s, chronicling all of the unintended issues encountered when a father learns that his prepubescent son is a chess prodigy. Having played tournament chess myself and been a nationally-ranked...
07Apr12:48 pmEST
The Last Good Hustle
In light of some buzz earlier this year about Warren Buffett and Charlie Munger at Berkshire Hathaway singing a much more bullish tune on the airline sector than at any other time in their (extensive) lives, one cannot help but speculate on which airlines may be most ripe for a Berkshire buyout. Much like "Fast Eddie" Felson in The Color...
07Apr10:52 amEST
The Best of War and More: Spill the Futures, Dig That Girl
Fireworks in the futures markets last evening has apparently not added up to much today, as the U.S. airstrikes in Syria coupled with a dismal jobs number this morning still saw dip-buyers stepping in to try to stabilize the major averages. As I write this, all major averages are slightly green, with obvious war-related plays like RTN dealing...
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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.
