MarketChess
Showing articles 3141 - 3150 (6605 total)
28Nov3:42 pmEST
Death Valley for Shorts
An afternoon surge certainly gives the look and feel of a market wanting to squeeze out every last short-seller before we see any type of correction. With that in mind, a name like Fitbit, a long-time laggard which remains rather heavily-shorted, ought to be stalked on the long side to take advantage of such a scenario above $6.75. Note how...
28Nov1:10 pmEST
A Run Towards the Christmas Markets
Markets seem to be in the holiday spirit again today, as the indices defy the many top-callers and drift on higher. To be sure, there are still pitfalls, as we are seeing with the high beta China play, MOMO, getting wrecked on some news. Our focus for Members remains on sticking with the very best long setups but not becoming sloppy, either,...
28Nov10:44 amEST
RV's Cruising Along
On the back of Thor Industries, Inc. rallying 10% this morning after earnings, several other recreational vehicle plays are joining the party. For a while now, we have noted some quality charts in the group, be it CWH PII or WGO. In addition, LCII, below on the daily timeframe, fits right in with its RV brethren in terms of strong price...
27Nov3:52 pmEST
Stock Market Recap 11/27/17 {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...
27Nov3:51 pmEST
No More Shines, Billy
I know it is not as sexy as a crypto-related firm with post office box in Colorado, but the move in Skechers today furthers the bull case for a long-term turnaround. Moreover, footwear retailers continue to be a hot niche, albeit with ZUMZ reporting later this week as yet another litmus test beyond the recent FL SCVL earnings beats. As you...
27Nov1:04 pmEST
Two Scoops of Black Friday and Cyber Monday
Equities are mixed at the moment, with some parts of the Nasdaq looking a bit exhausted, short-term, while hot money players dabble in cryptocurrency-related plays. To be sure, a winner like Square (SQ) could use a few days to cool off and reset for a proper, lower risk swing long entry, and similar comments apply to the far more speculative...
27Nov10:27 amEST
An Interesting Character Arc
In the arts, a " character arc" is a metamorphosis or inner journey of a character over the course of a story. And when we think of a given sector in the stock market which may currently be undergoing a major change, the cybersecurity basket of stocks comes to mind. After years of disappointing tech savvy investors who expected HACK (sector...
26Nov12:06 pmEST
Weekend Overview and Analysis 11/26/17 {Video}
The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend 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 mark Please click here for more...
26Nov12:01 pmEST
Sunday Matinée at Market Chess Cinemas
Last week many news outlets noted the 54th anniversary commemorating JFK's assassination in Dallas, Texas back on November 22nd, 1963. With that in mind, one of my favorite films from the early/mid-1990s, and indeed one of my favorite Clint Eastwood films, is appropriate. While The Fugitive was a terrific film that came out in 1993, my...
24Nov11:21 amEST
Heating Up Into the Chill
Even as the weather outside is giving more signs by the day of impending winter, the enterprise software niche continues to heat up. Despite the CRM earnings selloff a few sessions ago, and a mild one at that, given the prior rally, the rest of the gang is rather impressive virtually across the board. While the allure of a software stock these...