MarketChess
Showing articles 2411 - 2420 (6610 total)
07Dec2:12 pmEST
We've Got Fireworks
The recurring theme in this market seems to be that any exhilarating upside reversal, such as the one we saw intraday in the Nasdaq especially, has been rendered in vain. Indeed, today's price action is downright demoralizing on many fronts for bulls, as we are now right back down to our correction lows on most of the major averages. The bad...
06Dec2:26 pmEST
Shaken and Stirred, Yet Unperturbed
Shares of TripAdvisor, Inc. continue to distinguish themselves this broad market correction from the other travel-related stocks such as BKNG (formerly Priceline), EXPE, and India's MMYT. On the updated TRIP daily chart, below, today's relative strength on top of the general strength of the chart in general this correction may very well get...
06Dec10:45 amEST
That's All Right, That's OK, You're Gonna Work for Us Some Day
"That's all right, That's OK, You'll all work for us some day" – Cheer for when the Harvard football team was losing during the game. Was since banned for Harvard University Band use by Harvard Administration. Much like the condescending, arrogant cheer by Harvard students at football games (not to mention preppy high schools around the...
04Dec10:11 amEST
Still Plugging Away
It may seem as though gold and her miners have completely shut down as a group, failing miserably to hold a rally for even a respite from the chop (at best), if not outright multi-year downtrend since the complex featured a spectacular rally in the first half of 2016. That 2016 rally may indeed now seem like a distance memory, but it is worth...
03Dec3:42 pmEST
Another Day at The Office for Burlington Coat Factory
Burlington, formerly known as Burlington Coat Factory, is yet another stealth retail play emerging as a new school leader in the sector, not unlike Canada Goose Holdings Inc. (GOOS). After suffering a sharp drop to its rising 200-day moving average in the heat of the broad market correction, BURL recovered sharply after strong earnings and...
03Dec10:56 amEST
Snapping Back in a Major Way
The deeply disappointing Thanksgiving week price action in equities seems like a distant memory this morning, as bulls pounced on the U.S./China trade war détente weekend headlines. That said, this morning's rally is not a full-blown bull party yet, per se. As I write this, for example, small caps in the IWM are up less than a measly 0.2%. Of...
02Dec3:36 pmEST
Weekend Overview and Analysis 12/02/18 {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...
01Dec10:44 amEST
The South Sea Bubble
via YouTube and Wikipedia: South Sea Bubble by Charles Mackay. The South Sea Bubble from Popular Delusions and the Madness of Crowds - non fiction audiobook. The South Sea Company was a British joint-stock company founded in 1711, created as a public--private partnership to consolidate and reduce the cost of national debt. The company was...
30Nov10:39 amEST
Apple, Goldman, Oil Continue the Heel Turn
via Quora.com : "Turning heel" means that a player is shifting from a "face" persona to a "heel" persona, or turning from a "good guy" to a "bad guy." One of the most famous examples of someone "turning heel" is probably when Hulk Hogan was reintroduced as "Hollywood Hogan" and joined the New World Order. Shares of Apple, Goldman Sachs,...
29Nov5:25 pmEST
Stock Market Recap 11/29/18 {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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“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.
