MarketChess
Showing articles 6371 - 6380 (6600 total)
29Dec12:29 pmEST
Dueling with a Familiar Foe; Chess Moves
I noted on Stocktwits and Twitter a few moments ago ( @chessNwine ) that I went long UGAZ at $4.96 with protective stop-loss below $4.70. The position represents roughly 4% of my trading portfolio capital. I plan on swinging the trade for a few days if it goes according to plan, which is a steady move higher. UGAZ is the triple-long natural...
29Dec11:50 amEST
A Nice Reflection on These Two Ideas
LOCK was a long setup presented last week, seen on the updated daily chart, first below. As long as $17.90 now converts into support I still consider this one an actionable long into slight pauses. You can see the breakout from its recent basing pattern, as the stock has steadily moved higher since its swoon last spring. But PCLN still has my...
29Dec10:44 amEST
Heating Up in the Early Going
Chipotle Mexican Grill continues to be a relative strength name among liquid, marquee issues. The stock was a name we have been looking at for a while now as it largely based sideways even as other marquee names suffered technical damage, seen the first weekly chart, below. This morning, CMG is off to a hot start. If the stock can now base out...
28Dec2:19 pmEST
Weekend Market Film Session 12/28/14 {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 12/29/2014-01/02/2015. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link Click Here
28Dec11:25 amEST
Seven Stressful Things to Start Ignoring Now
The business of speculation and gambling can often be stressful enough, with large sums of money on the line relative to your net worth and/or desired income. Therefore, as a trader it is even more important than usual to cut out unnecessary sources of stress and toxicity in your life. Courtesy of the Marc and Angel Hack Life blog, here are...
27Dec1:57 pmEST
Saturday Night at Market Chess Cinemas
The Ref (1994) is a very funny, yet underrated and overlooked film, starring Kevin Spacey, Judy Davis and Denis Leary, directed by the esteemed Ted Demme. The film did not gain too much attention when it was released. But it is a well-acted comedy, which is something not as easy to pull off as it seems. The film is set during the holiday...
27Dec11:38 amEST
Chris Ferguson on Bankroll Management
Here is famous tournament poker pro Chris "Jesus" Ferguson's take on bankroll management. Try to apply the concepts discussed in this video to trading and the market for your own "bankroll," or portfolio, management.
26Dec2:27 pmEST
You Can't Hack This
I have to duck out early today, but I suggest you continue to keep an eye on IMAX. The 3D movie play is certainly a conferred for an upside breakout with the holiday movie season in full swing. In addition, the stock is ripe for a short squeeze breakout with the numerous bears in the float. The weekly chart is impressive, with the $31.60 area...
26Dec1:09 pmEST
Never an Easy Battle in This Arena
The current bull market is likely to be remembered for how routinely it has shrugged off negative technical divergences to immediately catapult to fresh highs. In addition, classic warnings of extreme confidence, if not outright complacency, have also been eschewed by this bull. To be fair, however, we have not exactly seen taxi drivers giving...
26Dec1:01 pmEST
These Two Are Trying to Keep it Together for 2015
Headed into next week, as well as 2015, BLUE LOCK remain two charts worth eyeing on the long side if the market is constructive. On their respective daily charts, below, note the orderly consolidations within the context of uptrends. You are looking to stalk them for upside breakout to resume the uptrend, with protective stop-loss on the other...