MarketChess
Showing articles 5901 - 5910 (6612 total)
30Mar11:30 amEST
Fighting for the Good Setups
A few long ideas on further strength with solid charts: IBKR ONCE. I would also keep an eye on ICE over $240. On the other hand, I would probably still be careful with any solar longs, despite FSLR green today. YGE is falling apart again, and CSIQ may follow suit for a move lower. In general, the sector is best for day-traders until further...
30Mar10:39 amEST
A Cleansing Ritual; Chess Moves
This morning's gap higher in the market into end of month and end of quarter is enough to compel me to defend some open winning positions as well as cut away some of the laggards in my portfolio. First and foremost, the long coffee or JO ETN trade did not pan out immediately as I expected, and with JO sitting under $24, my stop-loss area, I...
29Mar2:41 pmEST
Weekend Video Strategy Session 03/29/15 {Video}
The following video contains coverage of the broad market, as well as tons of actionable trading ideas for equities and other markets regarding the coming week of 03/30/15-04/03/15. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link - Click Here
29Mar12:24 pmEST
Sunday Matinée at Market Chess Cinemas
The Norwegian thriller Headhunters (2011) or Hodejegerne (original title) is available over at Amazon Prime Instant Video. I saw it a few years back and came away very impressed. Aksel Hennie delivers a memorable lead performance in this riveting thriller with solid action sequences and gripping plot twists. I highly recommend you check it...
28Mar1:36 pmEST
A Chaikin Not Stirred Indicator {Video}
The following video seeks to fuse educational and actionable content, discussing the Chaikin Money Flow Indicator as another way to help compliment your analysis of stocks and charts. Technical indicators are best used as tools in your toolbox to help define risk parameters for you trades and analysis, rather than as sources of perceived...
28Mar11:16 amEST
Spectre Trailer: The New James Bond Film
Spectre , the new James Bond film scheduled to be released this November, looks pretty good. Christopher Waltz should add some acting pizzazz, too. Generally speaking, the Daniel Craig Bond films have been solid, with Casino Royale (2006) standing out as one of the better Bond films in recent decades. via YouTube: See the first teaser...
27Mar3:53 pmEST
Choose Those Fights Carefully
While it is often said in Wall Street and the gambling world that "scared money is dead money," and there certainly is much truth to that axiom, it is also true that those who tend to frequently throw around that phrase are using it as a crutch to take on far more risk than they know is sound. In my case, I am still playing the short side with...
27Mar2:55 pmEST
Not Assuming Anything; Chess Moves
I went long ERY at $20.97 with a protective stop-loss below $20, playing for the energy sector bear market to resume via this triple-bear ETF. Many traders and value seekers seem to be assuming that crude and energy stocks have bottomed. As I have stated before, a long, sloppy, sideways range for crude and the XLE (energy sector ETF from which...
27Mar2:17 pmEST
Update on My Positions
After previously scaling gains on them this week, I remain long FAZ ($11.97 entry) X ($24.24 entry0 and UVXY ($15.53, $15.83 entries). I added back to UVXY yesterday and, even though it is slightly lower today, I have not seen enough to push me out of the long volatility ETF. As for FAZ, I am pleased to see the triple-short financial sector...
27Mar1:22 pmEST
A Focused Intraday Look
Earlier this week we observed the IWM, ETF for the small market capitalization issues housed in the Russell 2000 Index. We looked at the 30-minute timeframe and surmised that the triangle (highlighted up top, with the upper light blue lines) would be a big key as to whether the small cap outperformance on Monday and Tuesday would amount to a...
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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.
