MarketChess
Showing articles 2261 - 2270 (6604 total)
14Mar10:38 amEST
Calmer Seas Ahead for Snap
Shares of SNAP rallied hard at the open after longtime BTIG bear Richard Greenfield upgraded the stock to buy from neutral due to expectations of rising advertising revenue. Seeing SNAP, a name which I have been long with Members for a few days now, pop at the open, combined with a mixed broad market open, was one of those spots where I simply...
13Mar3:27 pmEST
The Cactus League is Not Just for Baseball
With Major League Baseball's spring training in full swing, including the west coast Cactus League, we ought to think of another Cactus which is rather impressive in the energy patch. As one of our Members astutely noted, WHD, the ticker symbol for Cactus Wellhead, the leading manufacturer of pressure control equipment used during drilling,...
13Mar11:04 amEST
Drugs and More Drugs for a Drugged-Up World
News of activist investor Nelson Peltz getting involved with Aurora Cannabis (ACB) as Strategic Adviser seems to add further credence to the notion that pot stocks are here to stay and likely will only gather steam in the coming quarters as the industry becomes more mainstream. Indeed, names like ACB APHA CGC CRON TLRY, even NBEV, have become a...
12Mar4:57 pmEST
Stock Market Recap 03/12/19 {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...
12Mar3:53 pmEST
Stop Breaking My Brexit
The Brexit drama seems like it will never end, likely serving as nothing more than a distraction from some of the developments across a variety of markets. We have covered quite a few of these emerging sectors for Members, and continue to monitor the action in, say, silver very closely. Also note the strength in some medical device plays...
12Mar10:45 amEST
A Regular Cottage Industry of Hot Stocks
All of the derivative plays sprouting from the Uber/Lyft ride-sharing popularity are sure to attract some hot money, and HyreCar (HYRE) is a pretty good example of that phenomenon. HYRE has earnings coming up this Thursday. But the stock is already trading we'll ahead of its average volume today and is sporting an enticing chart for a quick...
11Mar11:48 amEST
Name Another Semiconductor Stock Which Can Get Bought for $7 Billion
News of chipmaker Nvidia (NVDA) buying Mellanox (MLNX) for $6.9 billion to accelerate its push into the data center looks to be more than enough of a bright spot for bulls this morning to offset the awful Boeing news and sizable gap down. In fact, the NVDA for MLNX is seeing shares of NVDA rally, too, which is often a particularly bullish sign...
10Mar12:55 pmEST
Sunday Matinée at Market Chess Cinemas
Inspired by the 1966 British film of the same name and its 1975 sequel, Alfie (2004) is currently available on Amazon Prime and is highly recommended. The film stars the talented and entertaining trio of Jude Law, Marisa Tomei, and Omar Epps. Although the film did not draw rave reviews from critics (but was far from a critical flop, too), I...
08Mar3:03 pmEST
It's Déjà Vu All Over Again {Video}
As equities finally slumped, it was a strong week for gold miners in the face of U.S. Dollar strength. We have seen this before, though, without too much in the way of sustained upside. Is it déjà vu all over again? We examine that issue in the following video, where gold bugs have another excellent opportunity.
07Mar10:50 amEST
Objective Observations
A sizable opening push lower in the broad market is driving home the message that this tape is still correcting part of the two-month rally since Christmas. In front of a widely-anticipated jobs number tomorrow morning, bears are wrestling for the initiative with plenty of technical reference points on the line, having prevented bulls from...