MarketChess
Showing articles 6551 - 6560 (6647 total)
01Dec4:37 pmEST
Stock Market Recap 12/01/14 {Video}
The following video contains coverage of relevant broad market issues, as well as plenty of actionable trading ideas across all asset classes. Enjoy tonight's video, and enjoy your evening. Direct Vimeo Link Click Here
01Dec3:41 pmEST
Making a Move on the Nasdaq; Chess Moves
I placed 4% of my trading portfolio capital into a long SQQQ position, just now, at $29.23. SQQQ is the ultra-short Nasdaq ETF. I am playing for major Nasdaq components, such as AAPL GOOG, among others, to pull back in the coming days, dragging the Nasdaq down with them and their heavy weighings. My protective stop-loss on the trade is if SQQQ...
01Dec2:29 pmEST
Duck and Cover from These Two Charts
Although they have been readily dismissed by equites bulls, high yield corporate paper and junk bonds both point towards a decreasing appetite for risk on the horizon. On their respective ETF daily charts, below, you can see that high yield corporates and junk have failed to confirm the rally in equities since October. Beyond that, the threat...
01Dec1:33 pmEST
Apple Tide Rolling Downhill
The $116 level on Apple was an area I have been observing for a short-term character change to the downside. As you can see on the updated daily chart, below, Apple suffered a "flash crash" variation of its own this morning, with dip-buyers trying to take advantage of the very fast move down. As we head towards the final two hours of trading, I...
01Dec12:08 pmEST
The Signs Are Changing
The sharp upside reversal in the precious metals and miners from the drubbing in the futures is quite the development, considering the progress from "losers to winners" that we saw taking place in recent weeks in terms of buyers arriving just when they were previously giving up the ghost. Gold bears were quite vocal last night in the hopes of...
01Dec9:55 amEST
Locking in the Rest of an Energy Winner; Chess Moves
I sold the rest of my ERY long (triple-short energy sector ETF) at $22.21 just now, closing out the final 2% portfolio position it was. I had previously taken partial profits at at $21.66 from my $18.32 entry discussed in this blog post . Energy stocks are trying to bounce fem oversold conditions this morning, which is enough for me to step...
30Nov11:51 pmEST
Late Night Strategy for Monday
Futures are soft, and there are several reasons I outlined in my Weekend Market Film Session to be cautious. Nonetheless, if the holiday rally ensues I am still eyeing the casual dining space. BLMN has an improving chart, seen on the daily timeframe, below. Also watch KONA for another entry over $25.80, but be aware it trades thinly. And on...
30Nov12:24 pmEST
Weekend Market Film Session 11/30/14 {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 12/01/2014-12/05/2014. Trade Well. Protect your portfolio at all times. -chessNwine Direct Vimeo Link Click Here
30Nov9:42 amEST
What Does a 30% Chance of Rain Mean?
What Does a 30% Chance of Rain Mean? (Understanding Risk, with Gerd Gigerenzer) via YouTube This is a good Sunday morning video to spend a few minutes on. Hat Tip to my friend Claus (@augustlights) on Twitter for posting this . &feature=youtu.be
29Nov7:15 pmEST
Saturday Night at Market Chess Cinemas
If you have not seen Europa Europa (1990) then you are doing yourself a disservice. In my view, this is the best Holocaust film ever made. Based on the real-life story of Solomon Perel, a Jew in Nazi Germany who got separated from his family and tried to conceal that he is Jewish while joining the Hitler Youth, we see behind enemy lines of...
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.
