MarketChess
Showing articles 6571 - 6580 (6634 total)
24Nov1:55 pmEST
Feast Mode
With casual dining and fast food plays like BKW SONC, even BLMN, moving higher today, other plays in the space which are long setups into further strength are the technically properly-setup FRGI TXRH, seen along with SONC on the daily charts, below. Casual dining/fast food plays have been selectively impressive for a while now. And that...
24Nov12:53 pmEST
That's the Discipline
Even though I am still inclined to be a natural gas bull into the winter months, the sharp sell-off in recent sessions is a good reminder to always place discipline first in trading. Recall that I sold my UGAZ long into strength last week, as the UNG ETF (UNG is the straight-up natural gas ETF, UGAZ is the triple-levered long one) rallied...
24Nov11:12 amEST
Potential for CREE-mation
I mentioned CREE last week and over the weekend as a beaten-down short squeeze idea into the holidays. Updating the daily chart, below, I will reiterate that thesis with the stock acting reasonably well this morning. This one has been left for dead and is not particularly well-liked at the moment. But you can see the highlighted bottoming...
24Nov12:03 amEST
Late Night Strategy for Monday
Major copper miner (with some gold exposure) Freeport-McMoran saw a nice gap higher on Friday from beaten-down conditions dating back to the stock's swoon, beginning in July. On the weekly timeframe, below, you can see the pair of bottoming "hammer" reversal candlesticks printed back in June 2013 as well as earlier this month. Freeport is...
23Nov2:12 pmEST
Weekend Market Film Session 11/23/14 {Video}
The following video contains coverage of the broad market, as well as tons of actionable trading ideas for equities and other markets regarding the coming week of 11/24/2014-11/28/2014. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link Click Here
22Nov8:40 pmEST
Saturday Night at Market Chess Cinemas
I referenced Divorce Italian Style (1961) in a blog post last week. So, let's go with the official recommendation tonight for this fine piece of Italian cinema. Divorce Italian Style (oppure Divorzio all'italiana in italiano) is an in-your-face comedy starring the great Marcello Mastroianni as a married Sicilian baron plotting to kill...
22Nov8:27 pmEST
Bill Ackman: Everything You Need to Know About Finance & Investing in Under an Hour
Here is one worth posting every now and then, for educational purposes, on a Saturday. Enjoy your weekend.
22Nov10:06 amEST
New Movie Trailers
Some upcoming movies to be on watch for this holiday season and beyond...
21Nov3:06 pmEST
Countdown to Rio 2016
With the 2016 Summer Olympics coming up in Rio, one of my long-term investment ideas has been the Brazilian utility giant CPL, dividend to boot. Emerging markets have had a volatile autumn. However, lost in the shuffle today with the market fading off the morning highs and many marquee names like FB NFLX PCLN TSLA red or near-red is the...
21Nov2:06 pmEST
QQQ Devices
The Nasdaq ETF, QQQ, came down for an entire gap-fill from this morning's pop. but is still mildly in the green as I write this. Many chasers on the long side from the morning gap-up appear to be underwater, while I retain my short FB position from $74.09. As you can see on the daily chart, below, Facebook continues to "lean down" against...