MarketChess
Showing articles 5111 - 5120 (6634 total)
24Nov2:23 pmEST
Tomorrow at High Noon
Due to the Thanksgiving holiday on Thursday, the natural gas inventory report has been pushed up to tomorrow at 12pm EST. We know natty has been a heartbreaker for a while now, with even the profitable counter-trend bounces in 2013 and 2014 been noticeably absent for much of this year. At issue, though, is whether we are near an infection...
24Nov11:17 amEST
The Hunt for Thanksgiving Oil
Crude oil spiked up this morning after the downing of a Russian warplane near the Turkey-Syria border. As we speak, the USO ETF for crude is pulling back in to that $13.25 level we looked at yesterday. If crude is going to put in a low here, once and for all, I suspect converting that level into support headed into tomorrow morning's inventory...
23Nov5:22 pmEST
Stock Market Recap 11/23/15 {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...
23Nov3:14 pmEST
EA Sports: It's in the Gamestop
Working our way through the final hour of today's session, small caps, biotech, and the likes of NFLX continue to lead the market even as we fade well off the highs of the day. For now, it appears to be just an initial holiday week shakeout. However, we have indeed seen surprisingly bloody Thanksgiving weeks before, namely in 2011. At the...
23Nov12:34 pmEST
Latecomer Chipotle Shorts Need to Avoid Getting Barbacoa'd
After the E. coli news in recent weeks, CMG is staging a relief rally today from oversold weekly chart conditions, seen below. After plunging in a virtual straight line down over the last month, the stock hit the lower weekly oversold Bollinger Band marking intermediate-term rather oversold conditions. At the moment, I would look for a test of...
23Nov10:46 amEST
Team Defense
Despite concerning price action in the likes of CHK last week, not to mention the energy-filled HYG JNK ETFs, you almost get the sense that it is a team effort by energy bulls to defend the 50-day moving average on the XLE, energy sector ETF and pictured below on the daily timeframe. As long as that dark blue line continues to hold, it is...
22Nov3:58 pmEST
Weekend Overview and Analysis 11/22/15 {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...
22Nov11:42 amEST
Sunday Matinée at Market Chess Cinemas
The Man in the High Castle (2015) is a brand new Amazon Original Series. I just finished up the first season and found it to be an interesting change-of-pace type of show. The show is an "alternate history" view of North American life after WWII, set in the early-1960s, if the Nazis and Japan had actually won the war. The show takes on...
21Nov11:00 amEST
Saturday Education: Marty “The Pit Bull” Schwartz
via @MrTopStep on YouTube One of the original "Market Wizards" in Jack Schwager's classic best-seller, Marty "The Pit Bull" Schwartz is one of the few of that reclusive group to speak publicly and candidly about his trading experiences, his philosophy, and his life. Rarely have any of the original Market Wizards given even a brief interview,...
20Nov4:09 pmEST
Stock Market Recap 11/20/15 {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!