MarketChess
Showing articles 5181 - 5190 (6611 total)
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!
23Oct3:23 pmEST
An Incestuous Relationship
Headed into the end of October, with the holidays rapidly approaching to wind down 2015, the interplay between the consumer discretionary and retail stocks is coming to the forefront of market issues in play. Led by the mighty AMZN DIS HD MCD NKE SBUX, the XLY has led the broad market rally in October on many levels, never seeing the consumer...
23Oct1:09 pmEST
Almost on the Other Side of the Mountain
Despite the rally on the indices of late, we know many growth issues continue to struggle and flash divergences. PANW, for example, has been an undisputed winner for many quarters now, a surging young tech firm. On the daily chart, updated below and zoomed-out, however, we can see a major topping pattern still playing out as the stock lags...
23Oct10:59 amEST
The New Q, Same as the Old
On this gap higher, essentially back to the summer (as well as dot-com bubble highs), in the QQQ this morning, ETF of the Nasdaq-100, it is hard not to conjure up the October 2007 scenario where price made a marginal new high as the bull market concluded. Given the damage sustained in late-summer, with the QQQ taking out several quarters worth...
22Oct5:19 pmEST
Stock Market Recap 10/22/15 {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...