MarketChess
Showing articles 5751 - 5760 (6646 total)
10May11:46 amEST
Lost in the Underbelly of the Move in Commodities
The rally this spring in select commodities, and the ones in softs last week, may very well transcend the U.S. Dollar, which of course is front and center for many market players these days. Specifically, the "commodity-sensitive" Aussie Dollar has made upside progress since April after a devastating downtrend, the latest installment of which...
09May12:58 pmEST
Saturday Night at Market Chess Cinemas
The Thin Red Line (1998) is a Terrence Malick epic, adapted from the James jones novel. Malick, the auteur that he is, takes plenty of creative license in this World War II account of the battles in the Pacific. Starring Jim Caviezel, Sean Penn, John Cusack, Adrien Brody, and Nick Nolte, the film focuses on the Battle of Guadalcanal, a...
09May11:03 amEST
Ghost of Scandals Past: A Short History of Financial Scandals
Here is an entertaining and though-provoking Saturday video to watch, featuring Edward Chancellor at Gresham College with some educational discussion about the history of financial scandals and bubbles.
08May4:18 pmEST
Stock Market Recap 05/08/15 {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, and have a great weekend!
08May2:32 pmEST
A Shaky But Serviceable Foundation
The strength today seen in the XLF, financial sector ETF, could easily be the long-awaited breakout in the space that many have been expecting, what with rising rates and an oversold Berkshire Hathaway (the largest XLF component). But, as you can see on the daily chart below, the XLF is already screaming overbought, punching up through its...
08May12:35 pmEST
VE Day Levels to Watch
In light of the post-jobs number gap up today, the small caps in the IWM, ETF for the Russell 2000 Index, are focused on the highs from the last day of April. Specifically, on the 30-minute chart, below, note the significance of the $123.40 area, as being the next hurdle for buyers to clear. In addition, with the massive gap higher in the S&P...
08May10:08 amEST
Taking Inventory of the Ranges
Equities are not the only asset class which has been mired in a whippy range in recent months. In addition, precious metals have seen fits and starts for a while, albeit in an established bear market while equities are still in an overarching bull. Turning to the junior gold miners, I am watching the GDXJ ETF, seen below on the day timeframe,...
07May5:08 pmEST
Stock Market Recap 05/07/15 {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. If you enjoy my videos and blog posts, then please...
07May2:51 pmEST
Be Aware of the Pin Action
It is worth noting that CYBR reports earnings tonight after the bell. Courtesy of the Pure Funds website , below are the top components in the HACK, ETF for cybersecurity stocks, which could easily see "pin action," or sympathy buying/selling, based on how CYBR reacts. Elsewhere, YELP is spiking up on buyout talks, but at this stage in the...
07May12:00 pmEST
Whole Paycheck in Aisle 40
Looking at a multi-year chart of WFM, or "Whole Paycheck," as it is affectionately known as, note the significance of the $40 level, especially after this earnings gap lower. As they say, price has memory. And the prior 2007 bull market top for Whole Foods actually occurred in 2005, as the stock peaked several years in front of equities in...
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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.
