MarketChess
Showing articles 3801 - 3810 (6605 total)
07Mar3:51 pmEST
Elders React to Snapchat
Into the bell on a slow Tuesday, here is a bit of a primer for those who are Snap-challenged, as the recent-IPO gets clubbed again today. See you after the bell for my recap.
07Mar1:45 pmEST
Watching FANG, and FANG, Closely
We have another slow trading day of consolidation on the major averages playing out, with a bit of a lull perhaps before a jobs number on Friday morning and another big FOMC next week. As long as the indices remain shallow in their consolidations, it is instructive to keep a close eye on the "FANG" leaders in the Nasdaq, an acronym for FB AMZN...
07Mar10:48 amEST
Homey Action in This Sector
The homebuilders are back at it again this morning, thanks to a spike higher in LGIH after earnings. LGIH was actually one of the worst charts in the sector headed into today. But a 17% gap higher sure does ease the pain for longs. Regarding the premier homies, DHI is still one of the leaders which continues to act well. On the updated daily...
06Mar3:58 pmEST
Stock Market Recap 03/06/17 {Video}
The following video is a brief, condensed version of the Stock Market Recap which I present each evening to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. If you enjoy my videos and blog posts, then please...
06Mar3:54 pmEST
Still King of the Castle
Bulls mounted another afternoon rally off morning lows for a respectable close today. Despite the small cap weakness, leaders like AMZN FB (below on the daily, and green at fresh highs) GOOGL NFLX remain constructive technically. Until that changes, it is likely going to be tough sledding for bears to inflict serious damage on the tape, even...
06Mar1:48 pmEST
Don't Hate the Vendor; Hate the Payment Game
We have another pretty slow, consolidating day of action on our hands in the market, with the GRPO, gold miner, and SNAP weakness occupying the attention of many trader. Bulls seem to be defending 2370 on the S&P 500 Index for now. So, we will see if that continues into the heart of the afternoon. As for fresh long ideas, Jack Dorsey's...
06Mar10:37 amEST
Taking Notice of These Moves
The broad market is still giving the look and feel of consolidating recent gains, as the indices pull in to kick off the week. Case in point: The small cap stocks in the Russell 2000 Index gapped below the $138 level on the IWM ETF, a sign in and of itself of a consolidating market with upside momentum on the shelf for now. Moreover, the weak...
04Mar1:36 pmEST
Weekend Overview and Analysis 03/05/17 {Video}
The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. Please click here for more...
04Mar1:34 pmEST
Saturday Night at Market Chess Cinemas
Not only did we recently celebrate the thirty-seventh anniversary of the famous "Miracle on Ice," when Team USA hockey defeated the Russians at the height of the Cold War in arguably the greatest upset in sports of all-time, but the NHL playoffs will be here before you know it this spring. As a result, the great comedy Slap Shot (1977) is...
03Mar1:34 pmEST
Hacky Sack Penalty: No Self Serves or Misses
It looks like marijuana play GWPH, a name we have recently been tracking for Members due to its improved and impressive chart, had a "fat finger" type of move earlier today, as a headline hit the wires that, "Mentor Capital, Inc. (MNTR) Buys $1M in GW Pharmaceuticals (GWPH) Stock." Pothead party foul notwithstanding, GWPH remains a viable long...
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About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
