MarketChess
Showing articles 4951 - 4960 (6603 total)
12Jan12:53 pmEST
A Familiar Dark Trap
The indices seem to be tracking crude oil fairly closely today, as small caps continue to lag while the Nasdaq leads. After an opening gap higher, we filled them below and are currently grinding to a halt as the afternoon portion of the session kicks into gear. We are seeing some real destruction in names like AA FCX SUNE, but bulls are trying...
12Jan10:42 amEST
Pocket Aces Cracked
We have a modest snapback rally taking place early on today in the broad market, with most indices up over 0.50%, and the Nasdaq leading over 1%. LULU and SBUX are some notably gainers, though LULU still has a damaged overall charts, and SBUX remans in dangers of seeing its long-term steep uptrend correct this year. Alcoa unofficially kicked...
11Jan5:02 pmEST
Stock Market Recap 01/11/16 {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...
11Jan2:42 pmEST
Ready When You Are, Sergeant Pembry
It seems as though we are all waiting with bated breath for some type of sustained bounce to take shape in the market, as we have seen sloppy attempts throughout the session, thus far. Despite some real carnage below the surface materials and biotech today, such as BLUE FCX RLYP SWC, the indices are not off as much as you would think. Still,...
11Jan12:41 pmEST
I am Not a Nosy Fellow About Water
As we note for Members on a daily basis, it is always worth keeping a running list of relative strength names throughout all types of markets--The stocks acting impressively. Of course, that is not an automatic buy signal, since these types of broad markets can throw a wrench in even the most enticing of charts, such as PACB today. But when we...
11Jan10:47 amEST
A Snappy Move in Under Armour
Not much has changed from our long-term view of market leader Under Armour--We have a multi-winner which has topped out and trapped in plenty of investors at the highs who were assuming the Steph Curry/Jordan Spieth success would be an unlimited golden ticket for the stock. However, that type of mindset may be exactly what you see at a top, not...
10Jan4:25 pmEST
Weekend Overview and Analysis 01/10/16 {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...
10Jan12:30 pmEST
Sunday Matinée at Market Chess Cinemas
The Fabulous Baker Boys (1989) ranks as one my favorite films from the latter part of the 1980s. Jeff and Beau Bridges, along with the great Michelle Pfeiffer, star in this romantic drama/comedy about lounge jazz pianists in Seattle. The film leaves a strong impression due to the quality of the acting, well-composed music, and...
08Jan3:49 pmEST
Stock Market Recap 01/08/16 {Video}
If you enjoy my blog posts and videos, then I would encourage you to please click here for more details about joining Market Chess Subscription Services for plenty of value-additive features at a reasonable price. Enjoy the video, and have a great weekend!
08Jan12:53 pmEST
The Dramatic Death of Momentum
For those who have been fighting it for quarters on end, the weakness in GPRO SHAK TWTR should be an exclamation point about the necessary trait of humility in all forms of speculation. Just when it seems like corrective momentum names simply cannot go any lower, they continue to push down and trap in more long yet. With this in mind, a name...