MarketChess
Showing articles 4561 - 4570 (6611 total)
01Jun1:03 pmEST
Choose Darjeeling Over Coffee
Tata Motors Limited, auto maker out of Mumbai, India, is surging this week after earnings. On the weekly chart, below, note the potential for TTM to have just confirmed a sizable bottom since last summer, so long as $31.40 now converts into newfound support, below. Also note the extreme outperformance of TTM this week versus other auto makers...
01Jun10:55 amEST
Elegance is Nice But Not Required
There are, indeed, plenty of other markets and macro headlines circling about these days for too many market players to concern themselves with the price action in natural gas. However, with the 2016 Hurricane Season starting today, and wonky on-site reporters on the weather networks playfully wagering each other which Gulf Coast or eastern...
31May5:02 pmEST
Stock Market Recap 05/31/16 {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...
31May3:38 pmEST
Having a Good Stretch
Energy has been enjoying a good couple of weeks directly in the face of the U.S. Dollar rally, making the bounce for USO and XLE all the more impressive as other commodities and miners corrected. Still, it is worth noting that energy titan and, arguably, a good "tell" for the XLE, Exxon Mobile, is signaling some short-term caution today. On...
31May12:59 pmEST
Losers Getting the Love
The theme we saw at various intervals in recent weeks, of beaten-down high beta issues like GPRO TWTR catching a bid and exuding relative strength, is persisting the first day back from holiday. In addition to TWTR, we have the likes of LNKD and some badly-beaten biotech outperforming. TASR has enjoyed something of a renaissance of late, too. ...
31May10:48 amEST
Holiday Hangover Slowing Things Down
Despite a hefty premium for the CPXX buyout by JAZZ, and CLF surging on the deal with MT, upside momentum in the broad market was initially blunted out of the gate this morning. AMZN is still acting well among leaders, but other names like CMG may be vulnerable to cracking again, on top of some glaring relative weakness out of MCD SBUX. ...
29May3:53 pmEST
Weekend Overview and Analysis 05/29/16 {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...
29May11:54 amEST
Sunday Matinée at Market Chess Cinemas, Memorial Day Edition
There are many great ones from which to choose on Memorial Day Weekend, but I still say that The Best Years of Our Lives (1946) presents a great tribute to those who lost their lives in combat by, ironically, showing how much life has changed for those veterans who survived the second world war. The story is gripping, heartbreaking, but...
27May10:52 amEST
Was Uncle Junior Really Out of it This Whole Time?
One of the recurring themes of the market over the last few years has been the perennial underperformance by "junior" marquee issues, meaning they have institutional sponsorship for growth prospects but not nearly as much as, say, AMZN GOOGL. Specifically, the likes of LNKD P TWTR YELP have destroyed a fair amount of capital without batting an...
26May10:59 amEST
No Ouija Board Necessary
We don't need an Ouija Board or any type of séance to know that the market is still acting fairly standard for the week leading up to the unofficial start of summer and a long, holiday weekend. Stocks are drifting again as I write this, with mostly mild digestion of recent gains, albeit with the financials lagging a bit. I have a few long...