MarketChess
Showing articles 5101 - 5110 (6635 total)
30Nov10:43 amEST
Action on the Other Side of the Street
The small cap issues in the Russell 2000 Index continue to outperform this morning, staying green as I write this despite a sharp downside reversal in biotechnology stocks. Apple is also an early outperformer, with $120 still being the hurdle to clear and, more importantly, hold over. Meanwhile, other names like EBAY are having trouble holding...
29Nov1:52 pmEST
Weekend Overview and Analysis 11/29/15 {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...
29Nov11:02 amEST
Sunday Matinée at Market Chess Cinemas
Great film. Great soundtrack. That is how I describe Dances With Wolves (1990), Kevin Costner's western epic which is twenty-five years old now. Costner has made plenty of other films in his career, but this one has his fingerprints all over it more than the others, including the backstory about his friend Michael Blake (who wrote the...
28Nov11:44 amEST
Everything You Need to Know About Finance and Investing in Under an Hour; William Ackman
While there is a certain schadenfreude felt by many regarding esteemed hedge fund manager Bill Ackman's losses this year, notably in his VRX long position, losses are an integral part of any speculator's life. This is a reality to be faced, confronted, even embraced in terms of taking stop-loss and position sizing discipline head-on, as we do...
27Nov12:41 pmEST
Greasy Russian Cabbage Soup
Select issues continue to perform reasonably well today, as we close up shop momentarily for the weekend. In particular, small caps, transports, and biotechs continue to outperform. But it is worth noting that IBB IWM IYT XBI all currently operator below their 200-day moving averages. So with meow than three weeks to go before Christmas, we...
27Nov10:21 amEST
The Nefarious Activities of Chad
If the breakout highlighted below on the daily chart of CHAD, the bearish China mainland ETF (essentially inverse to ASHR), holds true, then China may be starting a fresh leg lower. A new leg down in China is not something I believe too many are expecting at this point, given all of the wide-ranging assumptions that crude, global commodities,...
26Nov11:30 amEST
Happy Thanksgiving from Market Chess
On this Thanksgiving Day, I am grateful for many things: Close family, true friends, and good health, above all else. Without those, life loses a certain richness and depth. I am also grateful for the broad, market mechanism regarding the way in which the internet operates in an open society. The wonderful thing about this day and age of...
25Nov3:00 pmEST
Planes, Trains, and Automobiles
I am leaving a bit early today to travel for Thanksgiving. Markets will be closed tomorrow for the full session, but open on Friday until 1pm EST. As for the tape, small caps and biotechs look to be benefitting the most from the holiday drift higher. I closed out some positions and will come back fresh for Members for the Weekend Video...
25Nov12:40 pmEST
The Last Gasp of a Common Theme This Autumn
Small cap and biotechnology issues are outperforming again today, as the holiday drift appears to be setting in. Throughout this autumn, we have seen intervals where those groups have outperformed. However, it is worth remembering that the IWM and IBB XBI biotech ETFs are all trading well below their 200-day moving averages. So, we are not...
25Nov10:48 amEST
Big Green Tractor in a Big Green Range
One of the more interesting events over the summer, which we discussed back then in real-time on this website , was that John Deere was making fresh highs while Caterpillar, another large cap ag machinery play, was teasing multi-year lows. We surmised that something had to given with this spread between CAT and DE, and it was more likely...
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About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
