MarketChess
Showing articles 1201 - 1210 (6608 total)
12Jul12:18 pmEST
Let the Game Come to You
Despite continued mixed (at best) breadth, not to mention a failed bounce this morning in Treasuries, the resilience of the major averages is keeping bears at bay for now. Tesla and a bunch of strong semiconductors are bolstering the Nasdaq, which otherwise would almost assuredly be red here if not for those names. This is all happening as...
11Jul11:47 amEST
Weekend Overview and Analysis 07/11/21 {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...
09Jul10:26 amEST
Gotta Respect the Lines
Equities are enjoying a bounce led by some of the beaten-down parts of the market of late namely the Dow industrials, transports, small caps, energy, banks, and materials. Tech is showing relative weakness, as bonds run into resistance (TLT daily chart, below, illustrating some resistance at the 200-day moving average yellow line, meaning...
08Jul4:37 pmEST
Stock Market Recap 07/08/21 {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...
08Jul10:51 amEST
It Ain't Much, But It's Honest Work
One of the notable aspects about the recent multi-quarter breakout in natural gas, seen below on the UNG ETF daily timeframe, updated, is the little attention it received. To be sure, financial and social media alike have been harping on crude oil, for example, but even with obvious seasonal tailwinds still in play natural gas is viewed as the...
07Jul3:25 pmEST
Who You Gonna Call? ShotSpotters!
Even a cursory glance at the national nightly and cable news of late will have you seeing a few stories here and there about the Biden Administration acknowledging growing gun violence, especially in cities like Chicago. That said, in lieu of trying to cop out to political content and sensationalized tweets about politics, our focus with...
07Jul11:21 amEST
Time for Bonds to Kiss and Be the Tell
As Treasuries have rallied in recent weeks, rates have naturally headed lower and the previous "TINA," "ZIRP" trades where investors had the knee-jerk reaction of rotating back over into mega cap tech names like AAPL AMZN, among a slew of others. The critical issue going forward is whether this rotation is, perhaps, the last gasp of a trade...
06Jul3:26 pmEST
Comparison is the Thief of Joy...and Capital
Here at Market Chess we take pride in being mature speculators who never show a reckless disregard for precious capital. In this day and age of social media and finance intersecting, it can be rather easy to constantly compare oneself to the constant stream of boasting by many a trader and pundit out there, as we naturally infer that our own...
06Jul10:16 amEST
Small Stock Syndrome
Coming off the long, holiday weekend we have a familiar theme of scattered, divergent action in the market, what some may call "dispersion," or even "bifurcation." Whichever way you wish to refer to it, the fact of the matter is that the small cap stocks housed in the Russell 2000 Index (using the IWM ETF as a gauge, seen on the daily chart,...
04Jul6:16 pmEST
Happy Independence Day from Market Chess
Seemingly lost in the shuffle of summer barbecues, beach days, and ball games, is the exhilarating story of the Revolutionary War, or the American War for Independence. On this day in 1776, the Declaration of Independence , which proclaimed the independence of the United States of America from Great Britain and its king. was formally adopted...