MarketChess
Showing articles 6581 - 6590 (6601 total)
16Nov11:00 amEST
Large Marge: We Will Never Forget
While it remains to be seen how the large healthcare insurers like UNH WLP react to Obamacare 2.0, it sure seems that the secular shift from written to electronic medical records is still very much in play. In addition to the recent strength in CERN, also note Merge Technologies, or MRGE, or "Large MRGE," has broken above multi-quarter...
15Nov8:33 pmEST
Saturday Night at Market Chess Cinemas
I still view In the Company of Men (1997) as the most provocative film most of you have probably never seen. Aaron Eckhart, Matt Malloy, and Stacy Edwards headline the psychological thriller, written and directed by the talented and ambitious Neil LaBute. The film was made on the cheap in Fort Wayne, Indiana, and did not require much in the...
15Nov4:57 pmEST
Weekend Photos and Motivation
Here is some off-topic content for you to enjoy on this Saturday. First, here are some classic noir photos of New York City. And now some motivation: 25 Things You Should Never Stop Doing for Yourself via Marc and Angel Hack Life Never stop stretching and improving yourself. – Always dream and shoot higher than you think is possible. Do not...
15Nov11:17 amEST
Saturday Sentiment and Obamacare 2.0
Obamacare 2.0 starts today , and I will be back later this weekend to examine the market-related issues of it, politics aside. In addition, @RyanDetrick on Stocktwits, a great follow for sentiment data especially, has the latest AAII Sentiment Survey . As you can see, we now have the most bulls in the survey since December 2010. Typically,...
14Nov3:08 pmEST
Mr. Silver for Now
I went long AGQ last Friday at $38.80, which is the ultra-long silver ETF. My stop-loss is still below $36.50. The ETF came close to taking out my stop this week, but not quite. As you can see on the monthly chart for the straight-up silver ETF, below, if these prior 2010 lows can hold there sure be plenty of time for me to add to my long into...
14Nov1:28 pmEST
Getting Down to Business
To update this blog post from Wednesday, gold and its miners, as well as silver, are acting more like winners than losers. After an apparent weak open this morning, buyers did not put their collective heads down and complain, mope, and point fingers. Instead, they rose to the occasion and showed some heart, buying the dip and never looking...
14Nov12:13 pmEST
Following You Around
Bears keep following the high yield corporate paper and junk bonds around, as you can see below on their updated ETF daily charts. High yield paper typically is a sign of risk appetite correlated to equities, which is why I continue to refer to these charts. Note how the S&P is basically at all-time highs while these two could easily now be...
14Nov10:38 amEST
Divorce Italian Style
Although it is not particularly popular to speak up nowadays of the potential for a "bull trap, or false breakout which leads to a sharp correction, in equites these days, thanks largely to the QE V-shaped market, I am still going to do it. Simply put, the higher up we go on a multi-year basis with leading issues such as major biotechnology...
14Nov1:11 amEST
BTFD.tv Appearance from Thursday
Here was my appearance on BTFD.tv with my friend @iuubob