MarketChess
Showing articles 611 - 620 (6606 total)
01Nov11:38 amEST
Deciding Who Lives and Dies
While nothing is immune in a bear market, especially if and when we see the next leg down, it is worth noting which stocks in given sectors the market hints at as being winners versus losers for the eventual turn into a new bull regime. In the case of solar, tons of debate surrounds ESG. However, there is little argument now that ENPH and...
31Oct11:27 amEST
Bear Trap Alerts
As the phrase implies, a "bear trap" in trading is a situation where markets seemingly tempt bears to put on aggressive short positions at precisely the wrong time. A down move which looks like a clear-cut breakdown suddenly reverses on a dime and, effectively, traps in shorts who had been pressing for a fresh move lower. And just this...
30Oct10:47 amEST
Weekend Overview and Analysis 10/30/22 {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...
28Oct11:32 amEST
Heavy Lifting: But is it Natty?
Both Apple and Intel are surging higher after earnings this morning which is, clearly, more than offsetting weakness in shares of AMZN. Beyond that, AAPL and INTC are housed in both the Dow as well as the QQQ ETF, leading a double-whammy of the indices painting much higher. Of course, those two heavyweights are doing a ton of heavy lifting....
27Oct11:00 amEST
Don't Trespass on the Wrong Holler in Coal Country
Despite missing earnings estimates, coal play Arch Resources is spiking higher this morning as the firm declared a quarterly cash dividend of $206.4 million, or $10.75 per share. ARCH, below on the updated monthly chart bull-flagging impressively, is the first of a flurry of coal stocks set to report earnings in the next week or two, namely...
26Oct11:35 amEST
This Market Reminds Me of Warm Autumn Days
During most autumns there comes a moment, right around now usually, where we see unseasonably warm temperatures for a week or two in a row. In that instance it is human nature to extrapolate and think, "Maybe it won't get too cold this winter; Heck, maybe even winter entirely misses us this year!" Of course, the moment always passes. And, soon...
25Oct4:23 pmEST
Stock Market Recap 10/25/22 {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...
25Oct10:51 amEST
Know Which Way the Wind Blows
With the Dollar and rates both sinking this morning, equity bulls have an opening to rally as year-end seasonality turns more bullish in a pronounced manner. True, the FOMC, followed by the midterms, not to mention tonight's GOOGL MSFT V earnings (just to get the ball rolling before AAPL AMZN META later this week) and a side dish of Russia and...
24Oct3:10 pmEST
Japan is Clearly Sweating This Level
The Dollar/Yen currency cross, below on the hourly timeframe, has actually been in a strong uptrend since the beginning of 2021. However, it was only in late-September of this year that the Bank of Japan began to truly panic over its currency's weakness, right around the same time as the U.K. faced its own issues with the pension funds. As the...
24Oct11:41 amEST
We'll See if Bulls Have a Marvelous Boxing Chin
It is often said that Marvelous Marvin Hagler has the best "chin" in boxing history, meaning it was uniquely different to connect on punches to the point where it knocked him down. In the current market we have China tech stocks being bludgeoned today. BABA PDD WB and many there formerly hot-to-trot growth stocks are getting absolutely...