MarketChess
Showing articles 6021 - 6030 (6612 total)
09Mar4:19 pmEST
Stock Market Recap 03/09/15 {Video}
The following video contains coverage of relevant broad market issues (for equities) in addition to plenty of actionable trading ideas across other asset classes. Feel free to pick and choose which ideas and parts of the analysis fit your style. Always properly manage your downside portfolio risk for any trades taken. Enjoy tonight's...
09Mar3:39 pmEST
Assessing the Last Gasp of Winter
After the recent daylight savings time change, you get the feeling that Old Man Winter is close to his last breath. And when we look at the market, the issue is whether today is the last gasp of dip-buyers bulls before a deeper market pullback ensues or instead if they will simply repeat history and shoot us much higher, yet again. At any...
09Mar2:40 pmEST
Taking a Stab at the Dow; Chess Moves
I went long SDOW at $19.22 with a tight stop below $19. SDOW Is the ultra-bearish Dow ETF. This position is potentially a day-trade for me, depending on how it plays out in the final 60-90 minutes of the session. The theory behind the trade can be seen, below, on the DIA (Dow ETF) hourly timeframe. Note that today's AAPL/DIA rally took the...
09Mar1:40 pmEST
Update on Apple
With the Apple event taking place, let's update our shorter-term analysis of the stock we have been profiling in recent weeks. Currently, AAPL is piggybacking the Dow higher today, leading the major averages as the new kid on the block in stodgy Dow. On the hourly chart, below, we can see price threatening an upside breakout from a pattern...
09Mar12:41 pmEST
Drug-Like Properties
As a brief follow-up to my last blog post regarding BlackBerry, on the first daily chart below we can see the various spikes and subsequent fades in recent quarters for the floundering cell-phone maker. In essence, BBRY is trading like a single-drug biotechnology firm, spiking on various rumors and FDA announcements and then quickly fading and...
09Mar11:44 amEST
A Legitimate Confrontation
As the new kid on the block and clearly the hot flavor of late, AAPL is helping the Dow Jones Industrial Average to lead the market's bounce today. At the same time, the Nasdaq is lagging, even with AAPL's weighting, due to weakness in the likes of NFLX and TSLA, and benign action in PCLN. Thus, we have a bit of a confrontation on our hands, as...
09Mar11:02 amEST
Swapping One Bear for the Next; Chess Moves
With energy stocks rallying and outperforming today, potentially putting in lower swing highs across the board, I elected to step aside and sold my ERY long (triple-bearish ETF for energy stocks) just below $21 from the $20.37 entry I noted here for a win. This is a modest but worthwhile win, considering the alpha I pick up by not riding...
09Mar10:28 amEST
A Loose Aggressive Chart; Chess Moves
Into this move lower this morning, I covered half of my LVS short entered on Friday in this blog post , at $53.76 from the $55.34 entry to scale partial gains. I moved my cover-stop down to my entry price. LVS could easily just be getting started to the downside. But until we see more confirmation of a broad market correction I am going to...
08Mar2:18 pmEST
Weekend Video Strategy Session 03/08/15 {Video}
The following video contains coverage of the broad market, as well as tons of actionable trading ideas for equities and other markets regarding the coming week of 03/09/15-03/13/15. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link - click here
08Mar10:50 amEST
Ten Damaging Lies and Excuses Your Mind Loves to Tell You
Courtesy of the Marc and Angel Hack Life website, here are ten toxic thoughts and beliefs which can derail your progress in life. Applied to trading and the markets, it is worth noting that many a market player has gone broke through no fault of their own negative self-talk. Having a proper and healthy emotional mindset is absolutely critical...
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.
