MarketChess
Showing articles 5471 - 5480 (6598 total)
21Jul4:57 pmEST
Stock Market Recap 07/21/15 {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...
21Jul2:53 pmEST
Security Matters
In an apparent "fox guarding the henhouse" situation, it looks like LifeLock has some explaining to do, with LOCK plunging nearly 40% today on these FTC alleged violations . With this in mind, and on the back of the Ashley Madison news yesterday , you would think the cybersecurity plays in the HACK ETF would be rallying sharply today. ...
21Jul12:34 pmEST
A Trump Card for Dollar Bulls
Considering the U.S. Dollar is finally coming in a bit today, commodities are not staging a particularly impressive bounce across the board. True, the GDX, senior ETF for gold miners, is up 4.5% as I write this. But miners have effectively staged a swoon of late, and they should, frankly, be up by more than 10% for even a sharp bear market...
21Jul10:33 amEST
Big Blue Impeding the Offense
In front of AAPL and GPRO earnings tonight, the market is a mixed bag. IBM, or "Big Blue," is a major drag on the industrials in the Dow this morning, down nearly 5%. IBM continues to be a chart with major issues from a long-term perspective, as I believe that an already-confirmed top can still push the stock down into the $130s. Meanwhile,...
20Jul5:35 pmEST
Stock Market Recap 07/20/15 {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...
20Jul2:54 pmEST
All That Junk Inside the Nasdaq's Trunk
Although the likes of AAPL AMZN FB GPRO are sprinting into their respective earnings reports, the action outside of this collection of stocks remains fairly sluggish today. We also have a novelty of a divergence in the form of junk bonds and high yield corporate paper---A "novelty" because of how routinely this bull market has shrugged them...
20Jul12:33 pmEST
A Long Look in the Mirror for This Gold Miner
On Wednesday morning before the bell, Newmont Mining Corporation is expected to report earnings. NEM is a top two holding by weight in the GDX, ETF for senior gold miners. When we look at a muti-decade chart of NEM, we can see the $27 level, dating back to the late-1980s(!) continues to assert itself as resistance, and has since March 2014,...
20Jul10:19 amEST
Undesirable Currency
Gold and its derivative miners continue to swoon this morning, with the charts of GDX GDXJ and GLD all gapping free and clear their lower respective daily chart Bollinger Bands. In addition, they had all been in recent, multi-week downtrends before last Friday's sharp plunge. And, of course, they all remain mired in multi-year bear markets. The...
19Jul1:55 pmEST
Weekend Overview and Analysis 07/19/15
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...
18Jul9:10 pmEST
Saturday Night at Market Chess Cinemas
The Sorrow and the Pity (1969), or "Le chagrin et la pitié," is likely the best documentary from the 1970s which few have seen or recall. Written and directed by Marcel Ophüls, the documentary chronicles actual French life under the Nazi occupation, which is an overlooked but worthwhile topic of World War...