LUV This Position Short Time; Chess Moves

06Apr10:21 amEST

Taking Advantage of Turbulence; Chess Moves

After adding to the short on Thursday, I just covered half of my LUV short at $41.77 to scale gains. My initial entry was last week here at $43.44, followed by my $42.94 add. I also moved my cover-stop down to my original entry price ($43.44). The current position now equates to roughly 3% of my portfolio capital. As you know, shorting...

05Apr2:27 pmEST

Weekend Video Strategy Session 04/05/15 {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 04/06/15-04/10/15. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link - Click Here

05Apr11:50 amEST

Chart Requests from Good Friday, Part III.

On Friday, I took chart requests on for several hours, with the market closed for Good Friday. If you missed it, below are just a few of the charts I analyzed. Be sure to check out my social media feeds if you would like to see the full list of charts I covered. I hope you find them useful.

05Apr10:33 amEST

My Favorite Easter and World War II Photo

Well, that is one them, for sure. Click here for the full story behind that photo, of Technical Sergeant William E. Thomas and Private First Class Joseph Jackson preparing a gift of special “Easter Eggs” for Adolph Hitler and the German Army. Happy Easter and Happy Passover to everyone who is celebrating.

04Apr8:17 pmEST

Saturday Night at Market Chess Cinemas

Whereas Band of Brothers (2001) deservedly received much attention and praise for its ten-part portrayal on HBO of the real-life "Easy Company" paratroopers on the western front in World War II, The Pacific (2010) is decidedly underrated. The Pacific was HBO's follow-up to Band of Brothers, chronicling the Marines during America's battle...

04Apr3:05 pmEST

Chart Requests from Good Friday, Part II.

Yesterday on Stocktwits and Twitter I took chart requests for several hours, with the market closed for Good Friday. If you missed it, below are just a few of the charts I analyzed. Be sure to check out my social media feeds if you would like to see the full list of charts I covered. I hope you find them useful.

04Apr11:40 amEST

Chart Requests from Good Friday

Yesterday on Stocktwits and Twitter I took chart requests for several hours, with the market closed for Good Friday. If you missed it, below are just a few of the charts I analyzed. Be sure to check out my social media feeds if you would like to see the full list of charts I covered. I hope you find them useful.

03Apr11:39 amEST

Good Friday; Bad Reaction

With U.S. cash markets closed today, futures took a dive this morning with the jobs number missing expectations by a mile...or twenty . What is interesting is that we are seeing a "bad report, bad reaction" for the first time in a while, with the market not rallying on the "bad is good" idea, at least for now--I recognize we have a long way...

02Apr3:42 pmEST

Springing Into Action After a Dark Winter

I am reluctant to take on more commodity exposure into a long, three-day weekend, not to mention a jobs report tomorrow morning while the market is closed. However, it is interesting to see the soft commodities finally stage an impressive rally, all the while the U.S. Dollar continues to work off its steep run in recent months. Recall that the...

02Apr2:58 pmEST

LUV This Position Short Time; Chess Moves

I decided to add to my open LUV short here, at $42.94, from my initial entry yesterday at $43.44. My cover-stop remains above $45 on a closing basis. Southwest Airlines is showing more signs of being a bit sluggish after a breathtakingly steep multi-year uptrend. Regardless of how oil acts from here (a clear input for airlines), I am...