MarketChess
Showing articles 3191 - 3200 (6611 total)
07Nov3:51 pmEST
Here Comes the River Card for Zynga...
ZNGA is selling off today in front of earnings tonight, among a few other firms of note like SNAP COHR BEAT etc.. Zynga has seen an improved chart in a hot sector, and could easily be a buyout target. So, the dump today is interesting to say the least. I am looking to see if the names bounces back tonight to keep it on the radar. As for the...
07Nov1:31 pmEST
Let's Start a Cocoa Farm
In addition to the move in natural gas this week, another under-the-radar commodity is cocoa. The NIB, admittedly a thinly-traded ETN, still gives a pretty good idea of the resurgent strength in cocoa. On the monthly chart, below, the signs of a major bottom in place, beyond the plethora of articles around the world about the dearth of cocoa...
07Nov10:37 amEST
Who Blinks First?
Of all the major indices we regularly review for Members, the lone part of the market where bears could still make a colorable claim of something amiss of late has remained the small (and micro) cap stocks. We have repeatedly looked the remarkably compressed IWM daily chart, updated below, which is the actively-traded ETF for those Russell 2000...
06Nov3:51 pmEST
Stock Market Recap 11/06/17 {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...
06Nov3:11 pmEST
Cleveland-Cliffs: We're Contenders Now
Flying under-the-radar today would seem to be several materials plays snapping back amid the Dollar softening. Cleveland-Cliffs, below on the daily chart, is an excellent example of a "hammer" reversal candlestick from Halloween. The elements for this hammer are fulfilled, as we have 1) A prior, steep downdraft 2) A big move down, followed by...
06Nov10:45 amEST
Positive Energy in a Sea of Negativity
The oil services stocks, using the OIH ETF as a proxy, has been a glaring laggard during oil's recent resurgence. Titans like HAL NOV SLB, among others, have mostly sat out the rally and watched as large cap integrated plays like COP and exploration firms like COG surged. However, the longer the crude rally lasts the more likely it is that SLB...
04Nov11:53 amEST
Weekend Overview and Analysis 11/05/17 {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 mark Please click here for more...
04Nov11:52 amEST
Saturday Night at Market Chess Cinemas
It may be a bit tough to track down these days (in terms of Amazon Prime and Netflix, for example) but it is well worth the effort to catch Denis Leary's television series, Rescue Me . The show falls into the mixed genre of comedy-drama. It premiered on the FX Network in 2004 and concluded on September 7, 2011, a few days short of the tenth...
03Nov1:25 pmEST
Try to Embrace These Losers
Human nature and behavior economics dictate that, despite recent earnings success from both BlackBerry and Twitter, at the first sign of weakness longs will be rather quick to abandon ship. Recall that both BB (formerly BBRY, and before that RIMM) and TWTR have been mired in multi-year downtrends, devastating even the most optimistic, die-hard...
03Nov10:47 amEST
A Piece of the Pirog
As large cap tech giants in the U.S. zoom towards the $1 trillion market cap figure (see: Apple), there may be a bigger piece of the pirog, so to speak, for comparable firms overseas. Just this morning for example, beyond AAPL, we have MercadoLibre, Inc. a South Americans e-commerce company, gapping up after earnings more than 11% and...