MarketChess
Showing articles 3731 - 3740 (6611 total)
05Apr1:46 pmEST
More of the Same for Twitter...or Not
Despite some more slight underperformance by the smaller cap stocks, the mega caps in the Dow and marquee Nasdaq issues like AMZN are leading the bull charge higher today. SBUX is trying to emerge from a multi-quarter correction, while VRX remains a bonafide disaster of a chart. But what has piqued my interest today has been the reaction by...
05Apr10:45 amEST
Who Has Two Thumbs and Wants to Wait Two Hours for Diabetes?
The Panera Bread Company buyout this morning simply reinforces the notion that the restaurant space is worthy of newfound attention in the early spring months. The Cheesecake Factory, for example, may be ripe to follow suit even if no imminent buyout looms. But from a technical standpoint, the weekly chart, below, shows CAKE may be tired of...
04Apr3:51 pmEST
Stock Market Recap 04/04/17 {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...
04Apr3:49 pmEST
BlackBerry Back After Countless Body Shots
Heading into the closing bell on a rather slow day, the small cap and financials' relative weakness is pitted against the strength in AMZN TSLA, as well as some energy firms on the comeback trail. BlackBerry, below on the weekly chart, is quietly probing two-year highs around $8.20. If BBRY can overtake this level I actually like the name for a...
04Apr1:32 pmEST
Chesapeake Waking Up Just in Time for the Playoffs
On a day featuring tedious broad market action thus far, Chesapeake Energy is distinguishing itself for the first time in a while. The energy plays has natural gas exposure and could easily be responding to the sharp rally in natty today, as a few other natty-related plays are outperforming their energy peers, too. On the CHK daily chart,...
04Apr10:40 amEST
A Silencer on NVIDIA's Pattern
NVIDIA's cutting edge technologies have been rewarded by the market for a good while now, notably since February 2016 with an exhilarating rally helping to spearhead the leadership in the semiconductor sector. NVDA's chart became rather steep to the upside late-last year, prompting us to look for signs of an exhausted rally. However, as...
03Apr3:51 pmEST
Stock Market Recap 04/03/17 {Video}
The following video is an example of the full-length video recaps which I present each evening to Members. The video is broken down into these segments of analysis, in chronological order: 1. Major Indices 2. Major Sectors 3. Leading Stocks 4. Actionable Trade Ideas 5. Commodities/Bonds/Currencies Please click here for more details about...
03Apr3:47 pmEST
Stormy Weather in Shortville...and Small Capville
I see Elon Musk is enjoying himself today at the expense of the numerous Tesla Motors' short-sellers. Clearly, TSLA is a beautiful sight to behold for bulls in this tape today, especially. On the updated weekly chart, below, for example, note the three-year consolidation just now attempting to resolve higher. If that does not put legitimate...
03Apr1:46 pmEST
Bloomin' Onions Yield Bloomin' Breakouts
A quick rug-pull this morning in the indices is still largely weighing on stocks this afternoon, as weakness in the banks remains a concern for the markets in the near-term. However, we know bulls have been resilient to the point where they have created an urban legend surrounding the notion of the market actually being unable to stay down for...
03Apr10:46 amEST
Underwater Autos
With the exception of Tesla Motors, the auto industry is up against it this morning. Ford and GM are gapping down hard, as well as a several plays that a few of our Member have been betting would slide for a while now: AAP AZO ORLY secondary auto parts players. Ford has been a consistent short watchlist idea of late. But now we are viewing F...