MarketChess
Showing articles 6121 - 6130 (6600 total)
18Feb10:17 amEST
Two Stocks Minding Their Own Business
Amid some mild weakness in the broad market this morning, it is hard not to notice both SKX and PAYC consolidating their recent breakouts quite well. Both stocks are in confirmed uptrends. And if the market continues to cooperate for bulls then SKX above $67.30 and PAYC over $34 should work well. In particular, SKX has reasserted itself as a...
17Feb4:29 pmEST
Stock Market Recap 02/17/15 {Video}
The following video contains coverage of relevant broad market issues (for equities) in addition to plenty of actionable trading ideas across other asset classes. Feel free to pick and choose which ideas and parts of the analysis fit your style. Always properly manage your downside portfolio risk for any trades taken. Enjoy tonight's video,...
17Feb3:02 pmEST
A Notable Spread
This is just a brief afternoon note to bring your attention to the GASL outperforming the likes of BOIL and UGAZ on the natural gas ETF front. Natural gas and crude oil have both reversed higher this afternoon but overall remain in sideways consolidations. For now, they continue to be fast trading vehicles, especially using those levered and...
17Feb1:37 pmEST
Ideas to Consider as the Gravy Train Chugs Along
With the S&P 500 Index hitting the big, round, psychological 2100 number this afternoon it is tough to step in front of the indices as they grind higher seemingly in perpetuity. Under the surface, though, we still may have two way trading opportunities. As I noted earlier, small and mid-cap biotechnology issues along with internet security...
17Feb12:12 pmEST
A Closer Look at Debt
To follow up on the analyst of bonds from last week, you can see that a notable change in character continues to play out. Specifically, gauging the TLT (ETF for Treasuries or bond prices) daily chart, below, dip-buyers failed to defend that 50-day moving average (dark blue line) on the pullback following a rising wedge (light blue line)...
17Feb11:09 amEST
Riding the Momentum du Jour
Momentum traders continue to congregate in the small and mid-cap biotechnology issues, not to mention the internet security stocks. While VDSI is reversing sharply lower off its morning highs, CYBR and FEYE continue to run it up on the shorts. As we have discussed before, a wildcard for the multi-year bull run for biotechs is that they simply...
17Feb10:08 amEST
A Rocky Start for Commodities
As I noted on Friday when I opted for a peaceful long weekend, I decided not to swing my long silver position after considering a long earlier in the day (I sold for a less than 2% loss). In reality, I had no sense that silver would gap down as hard as it did after I sold it. But it is a good reminder that the stock market is like a bus...
16Feb6:12 pmEST
Six Secrets of Successful Bettors
Authored by Frank R. Scatoni and Peter Thomas Fortanale, Six Secrets of Successful Bettors: Winning Insights into Playing the Horses is a very well-written and throughly-researched book with keen insight into the specific traits that successful gamblers share. Throughout the book, the authors interview successful professional bettors across...
15Feb1:19 pmEST
Weekend Video Strategy Session 02/15/15 {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 02/16/15-02/20/15. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link Click Here
15Feb9:52 amEST
Sunday Matinée at Market Chess Cinemas
The Conversation (1974) is one of those great films from the 1970s which is too easily overlooked, given some of the masterpieces which were also released during that time period. This one stars Gene Hackman and John Cazale, and is written and directed by Francis Ford Coppola. Hackman plays a much more secretive character than his famous...