MarketChess
Showing articles 5741 - 5750 (6612 total)
03May11:34 amEST
Back Over the Net to Berkshire Bulls
If you followed my work back in 2010 through 2012, then you know I was wildly bullish on Berkshire Hathaway as a long-term investment, not just due to the highlighted symmetrical triangle pattern seen on the monthly chart, below, but also to a myriad of other factors. As the largest component of the XLF, sector ETF for the financials, it merits...
02May10:26 pmEST
Saturday Night at Market Chess Cinemas
In light of the mega fight between Floyd Mayweather and Manny Pacquiao later tonight, I am going to recommend an old favorite of mine, the boxing film Diggstown (1992). A James Woods classic, you will find one of his best performances in this overlooked late-summer of 1992 film. Woods plays a “good con man” in lieu of just another...
02May9:14 amEST
What Happened in 2000
via YouTube What Happened is a Documentary about the DotCom 1.0 era (1995-2000 market crash), created by Chas Mastin, Michael Lefort, Aldo Bello and a cast of characters in 2001-02. It features such luminaries as Marc Cuban and explains how investment banks helped create the 90's tech bubble. If you would like to hear the hilarious and tragic...
01May4:17 pmEST
Stock Market Recap 05/01/15 {Video}
If you enjoy my blog posts and videos, then I wold encourage you to please click here for more details about joining Market Chess Subscription Services for plenty of value-additive features at a reasonable price. Enjoy the video. Have a great weekend!
01May3:01 pmEST
Look Here for a Big Surrender Scene
Much like our analysis earlier this week about TWTR down to $36 and YELP down as low as $30, as potential downside targets after their respective earnings blow-ups, LNKD could easily drop to $190 this summer before looking for a durable bottom. While certainly oversold, short-term as you can see LNKD punching down through its lower weekly...
01May11:55 amEST
Alternative Energy; Traditional Concepts
Last weekend on Stocktwits I posted a weekly chart of for the TAN ETF of the solar sector, updated below. The crux of the thesis was that prior highs were likely adding to the initial, overhead supply found with the weekly candlestick from two weeks ago, noting the fade. Even though solars are higher today, a name like FSLR is faltering and...
01May9:54 amEST
A Notable Spot Overhead
One aspect about this morning's gap higher in the market which I am watching is Gilead's move up to that $104 level, highlighted below on a zoomed-out 30-minute chart. As the saying goes, "price has memory." And an initial fade off those once-support-then-resistance level would be not all that unsurprising. Going back to last August 2014, the...
30Apr5:00 pmEST
Stock Market Recap 04/30/15 {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. Please click here for more details about joining...
30Apr2:28 pmEST
Working Better This Time of Year
As we head into May and the summer months of NHL playoffs and stock market volatility (though not as much in recent years), I am noticing that my shorts are beginning to work better and "by the book" more than my longs. To observe an example, I covered half of my CMG short position earlier today inside Market Chess Subscription Services . And...
30Apr12:12 pmEST
Rotation Down the Food Chain
Into the New York lunch hour, note that AAPL continues to weaken down from Tuesday's earnings reversal. Not he 30-minute chart, first below, note the "bear flag" consolidation which could easily see the stock break lower yet into the afternoon. And some money from the prior winners my finally be flowing into laggard natural gas. On the UNG...
FOLLOW chessNwine
MARKET CHESS SUBSCRIPTION SERVICES
Full-Length Video Recaps & Strategy Sessions
Private Twitter Feed Access
Custom Videos Tailored to You
chessNwine HAS BEEN SEEN ON
Top Pages
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.
