MarketChess
Showing articles 5141 - 5150 (6598 total)
03Nov2:51 pmEST
An Electric Rally Into Tesla Motors Earnings
Beaten-down and especially heavily-shorted names continue to squeeze higher, along with the likes of AAPL and GE. Headed into TSLA earnings after the bell, we should gauge from the market's reaction whether the Nasdaq is ripe to imminently blow-off higher for a parabolic move, or instead if the QQQ and XLY (consumer discretionary) break steep...
03Nov12:40 pmEST
Unstable Raging Bulls
The zoomed-out chart for EMES, below, illustrates what we are seeing in many beaten-down energy and biotechnology shares of late. EMES is rallying more than 43% as I write this, along with assorted other squeezes in names like SLCA today. But when you view the chart as a whole, today's action is barely a drop in the bucket compared to the ...
03Nov10:20 amEST
It's Good to Be the King
News of Activision Blizzard (ATVI) to acquire "Candy Crush" maker King Digital (KING) for $5.9 Billion seemed to be a bit rich at a first to me. However, ATVI is reversing to green as I write this. And inside Market Chess Subscription Services we have been tracking the overall chart strength in many gaming stocks for a while now, as they...
02Nov5:11 pmEST
Stock Market Recap 11/02/15 {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...
02Nov2:30 pmEST
A Couple of Ideas to Swing
CMG may still very well be a short idea, one we had on the Watchlist for Members last week. Even with today's gap down, the updated monthly chart, first below, still shows that the highlighted rising channel may only just be getting started in terms of the breakdown. I suppose CMG getting bought out is a risk. But I suspect if they were going...
02Nov12:28 pmEST
This Game is Not About One Person
It is very easy to sensationalize the Bill Ackman/Valeant saga. But, in reality, the entire healthcare sector, using the XLV ETF as a proxy, had been working through an abnormally-steep weekly chart uptrend (below) for years on end before finally cracking in August. When those steep uptrends crack it denotes a change in market tone which...
02Nov10:34 amEST
More Needed to Silence the Lambs
Crude oil and energy stocks are reversing to green this morning, bucking the red seen throughout the rest of the commodities complex. The gap down in natural gas, for example, drives home how arduous of a task it can be to swing trade damaged charts without a precise setup. If crude oil is going to make some noise for a secondary leg higher...
01Nov2:30 pmEST
Weekend Overview and Analysis 11/01/15 {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...
01Nov11:01 amEST
Sunday Matinée at Market Chess Cinemas
Reversal of Fortune (1990) is a film I have previously referenced in substantive blog posts due to its title. On its own merits, however, the film is certainly worth a viewing. Based on a real-life high profile story the film stars Jeremy Irons, Glenn Close, and Ron Silver. via imdb : Wealthy Sunny von Bülow lies brain-dead, husband Claus...
31Oct11:13 amEST
The Ten Worst Business Decisions of All Time
We all make mistakes. And it is often said that it is better to learn from other people's mistakes before making them all on your own. With this in mind, a good idea is to look at the ten worst business of all-time, not as a type of schadenfreude, but rather to try to learn the valuable lessons from the mistakes.