MarketChess
Showing articles 3121 - 3130 (6607 total)
07Dec10:53 amEST
Guess Where Else You Will See Shoppers Wearing Lululemon?
On the back (no pun intended) of LULU surging after earnings this morning, one cannot help but conjure up images such as the one above, with LULU practically the team uniform for plenty of Whole Foods' shoppers in suburbia. Indeed, much as correctly been made of the Jeff Bezos/AMZN and Whole Foods' synergies after the buyout earlier this year....
06Dec7:02 pmEST
Stock Market Recap 12/06/17 {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...
06Dec1:12 pmEST
If You Can't Take a Small Loss, Sooner or Later You Will Take the Mother of All Losses
It is a fairly slow market session, with tech fighting to maintain a reasonably shallow pullback in lieu of a deeper correction. Therefore, we should take a moment to revisit a core concept of trading, one that is indeed applicable to virtually all firms of speculation. And that concept was well stated by the famous trading author Ed Seykota,...
06Dec10:24 amEST
Nucor Gets to the Core
Based in Charlotte, Nucor Corporation is is the largest steel producer in the U.S.. We know that materials, including steels, have been threatening to emerge from multi-month, sideways consolidations as a group of late. But they have suffered plenty of false starts along the way and have yet to confirm fresh breakouts. Thus, NUE is one of...
05Dec3:22 pmEST
Stock Market Recap 12/05/17 {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...
05Dec3:14 pmEST
Snap Crackle Pop Into the Gap
On the back of a nice upgrade this morning, Snapchat (SNAP) is defying the broad market fade this afternoon with an impressive pop, seemingly long overdue for one of the more disappointing social IPOs this year. On the zoomed-out 30-minute chart, below, for SNAP, the precise gap-fill level above was $15.04. That gap has now been filled, and...
05Dec10:20 amEST
Unorthodox Winners Emerge
The technology and semiconductor unwinding process we have seen over the last several trading sessions has been humbling for overly-aggressive and, perhaps, overconfident tech bulls. Nonetheless, this type of action is still part and parcel of a monstrous bull run and has yet to flash the more substantive signs of a major top--For that to...
04Dec3:58 pmEST
Stock Market Recap 12/04/17 {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...
04Dec3:52 pmEST
A Scary Reputation
Although plenty of prominent short-sellers in Wayfair would love booting more than to see the h ome furnishings and décor e-commerce play suffer a terrible downdraft, the reality is that W has been consolidating reasonably well these last several months. Despite the small caps and some other sectors flipping red into the bell alongside the...
04Dec1:17 pmEST
A Sizzling Sector Served Up on a Sizzling Plate
Working our way through the early-afternoon portion of the trading session, we continue to see a notable spread among the major averages as the tech-led Nasdaq lags far behind the Dow. Whether it is AMD NVDA or PYPL, we clearly have some selling interest in prominent tech names being masked by the Dow up roughly 200 points. With this in mind,...