MarketChess
Showing articles 5201 - 5210 (6635 total)
27Oct12:34 pmEST
You're Not Out of the Woods Yet
To follow-up on a blog post from yesterday, it is not likely that energy stocks have put in a convincing bottom as long as the likes of Chesapeake Energy continue to see what looks to be liquidation on a daily basis. Earnings on November 4th could turn the tide. But the weekly chart, below, still shows a ferocious downtrend and does parallel...
27Oct10:30 amEST
If You Like it Then You Should Put a Ring on It
The small caps in the Russell 2000 Index continue to be a drag on the action, again leading the market lower this morning. We have been tracking the "diamond" consolidation, highlighted below on the Russell ETF, as offering good context as to the recent price action and the underperformance versus the Nasdaq, S&P, and even the Dow. The diamond...
26Oct5:07 pmEST
Stock Market Recap 10/26/15 {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...
26Oct3:04 pmEST
It's Not So Hot to Cyber Anymore
Despite bounces in cybersecurity plays CYBR FEYE today, the industry (contained in the HACK ETF) has lost its luster since June, notably lagging the market rally in October. In addition to small caps, junk bonds, and assorted other momentum divergences, the lack of participation from the cybersecurity stocks, supposedly future leadership of...
26Oct12:31 pmEST
The Chesapeake Watershed Moment Approaches
With earnings coming up on November 4th, energy firm CHK remains notably weak today. On the daily chart, updated below, note the recent bounce has not done much to inspire confidence in any type of discernible technical bottom, quite yet. Moreover, the risk of a few visible bankruptcies in the energy space, not unlike coal, is very much in...
26Oct10:52 amEST
The Forbidden Fruit
Headed into earnings tomorrow after the bell, Apple is down nearly 2.7% as I write this, with the $119/$120 area above still acting as resistance. On the daily chart, below, note the potential for a massive topping pattern still in play. Indeed, earnings should help give us insight as to whether another AMZN GOOGL gap higher awaits AAPL to...
25Oct4:10 pmEST
Weekend Overview and Analysis 10/25/15 {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...
25Oct12:43 pmEST
Sunday Matinée at Market Chess Cinemas
I recommend you check out The Drop (2014), which is the late-James Gandolfini’s final film. In this film, Gandolfini's character does indeed remind us of Tony Soprano, with his trademark facial expressions and hand gestures. But clearly his character here, as “Cousin Marv,” is a much different type of criminal, ultimately a sheep compared to...
24Oct1:17 pmEST
The Financial Panic of 1873
The Panic of 1873 is a lesson from history worth examining on this Saturday. The following video clip is from Rick Burns' THE WAY WEST , six-hour documentary series chronicling the way the West was lost and won between 1845 and 1893, broadcast nationally on PBS in May 1995 as part of WGBH’s American Experience. Courtesy of PBS.com: Since the...
23Oct4:20 pmEST
Stock Market Recap 10/23/15 {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!