MarketChess
Showing articles 2101 - 2110 (6610 total)
17Jul10:57 amEST
That's Enough Dip
Despite plenty of room for the Dow, S&P, and Nasdaq to all come in for likely healthy and overdue pullbacks to test a modest reference point like their respective 20-day simple moving averages, the small caps do not quite have that kind of leeway. On the updated daily chart for IWM, ETF for the small caps of the Russell 2000 Index, below, we...
16Jul3:07 pmEST
Hey, SIL, Let Me Hear It
Silver is finally waking up today and getting the message after lagging the gold rally for quite some time. SLV is the ETF for silver, a precious metal with more practical industrial application than gold. In addition, SIL is the ETF for silver miners, or at least miners with a modicum of exposure to silver. SIL clearly is an overlooked ETF...
16Jul10:54 amEST
Remember Denny Crane?
Back on February 21, 2018, The Priceline Group Inc. changed the name of its company to Booking Holdings, and its ticker symbol from PCLN to BKNG about a week later. Since then, BKNG has seemingly become less visible as a ticker and market growth leader than PCLN once was, back in its heyday of William Shatner's snazzy commercial advertisements...
15Jul4:40 pmEST
Stock Market Recap 07/15/19 {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...
15Jul2:38 pmEST
Build it Out
U.S. Concrete, Inc., a firm which provides ready-mixed concrete as well as crushed stone, sand, and gravel, looks to be in prime position to benefit from any further growth in both public and private major construction projects--Be it "The Wall" or various other projects reflecting confidence in the economy and to take risk on breaking new...
14Jul2:25 pmEST
Special Edition: Full-Length Weekend Strategy Session 07/14/19 {Video}
For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services . Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of...
12Jul11:00 amEST
Holding Up Like a Legend
The turnaround job that CEO Brian Niccol has done at Chipotle is nothing short of spectacular, as the stock came within a few measly bucks of surpassing its prior, late-2015 all-time highs earlier this week. Back then, CMG soon faltered and dove from $758 down to $247 by the time Niccol took over in the winter of 2018. That horrifying slide...
11Jul3:16 pmEST
A Weird Vibe: Twitter is Down
It looks like not only shares of Twitter are down today, dipping after a nice rally, but the platform itself has been down for the last twenty minutes or so. In Twitter time, that is a long period to go with an outage, and this is the longest outage I can actually remember for the platform in a good while. As for TWTR the stock, I still love...
11Jul10:53 amEST
If They Go Down, They're Taking Us with Them
Despite the Dow up by triple-digits this morning, thanks in large part to UNH rallying on Trump Administration news, plenty of names on my screen are red with little in the way of an inspiring bounce yet. Small caps continue to be a good day-to-day "tell" for risk appetite in this market. So it is no surprising to see the IWM ETF down by about...
10Jul2:30 pmEST
It's Always a Rough Trip to Value Town
As the market is prone to do at times when it corrects, some small cap names seem to inevitably fall through the cracks even after the broad market has recovered. Case in point: Secureworks Corp (SCWX), currently sporting a $1 billion market cap in the cybersecurity space, enjoyed a glorious late-January/early-February rally only to give it...