MarketChess
Showing articles 3611 - 3620 (6610 total)
20May11:59 amEST
Saturday Night at Market Chess Cinemas
I was fortunate enough to be living (studying and working) in Florence, Italy, during the spring of 2001 when Hannibal (2001) was released. I saw the film in a theatre there with plenty of expats. But being in Florence, where the film is set for much of the story, certainly added some flavor to the experience. Looking back, that time period...
19May3:54 pmEST
All the News That's Fit to Fade
We finally saw markets react this week to the heavy and steady news flow, as political allegations both here in the U.S. and Brazil rocked equities on Wednesday. There is a colorable argument to be made that markets were simply looking for any old excuse at this point for a shakeout, given the low volatility drift higher we have been seeing for...
19May10:46 amEST
Do You Want to See Some Magic?
Come to think of it, it would indeed be a masterful trap by Mr. Market for crude oil to stage a false breakdown and subsequent sharp upside reversal under the shadow of the Trump/Comey/Brazil headlines this week, with plenty of large Wall Street players off in Las Vegas at the SALT Conference, to boot. Indeed, with just a week before Memorial...
18May4:54 pmEST
Stock Market Recap 05/18/17 {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 m If you enjoy my videos and blog posts, then please click...
18May3:51 pmEST
Is the Market Still on Cloud 9?
A decent bounce in U.S. equities today helps to calm the nerves of traders in the near-term, especially in light of the Brazil drama overnight. However, the S&P 500 Index is currently dealing with its flattening 50-day moving average, and small caps are now operating below a declining 50-day. If stocks are still on Cloud 9 and dip-buyers are...
18May1:37 pmEST
Unsaturated Markets for Saturated Fat
U.S. equities are staging a mild bounce so far today, as the Nasdaq stocks are attempting to stabilize the atmosphere after yesterday's drubbing. There are quite a few charts which are largely still intact as quality long setups which I will update for Members in my usual Midday Video in a bit. However, the true test of those setups will be...
18May10:38 amEST
The General Rule Regarding Exogenous Events and the Aftermath
Markets have suddenly been jolted by a high speed news cycle which, unlike recent history, is actually impacting stocks. Indeed, the news flow about President Trump has been enough to serve as either the catalyst or perhaps a long overdue excuse for volatility to pop as stocks dropped hard yesterday. But react they did, nonetheless, which...
17May3:47 pmEST
Stock Market Recap 05/17/17 {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 mar If you enjoy my videos and blog posts, then please click...
17May3:42 pmEST
Now It's Up to Number 23
News-driven or not, a violent sell-off the very next day after the S&P 500 Index makes a new all-time high is always a concern. The S&P is currently dipping below its 50-day simple moving average. And even though dip-buyers have been remarkably, even historically, resilient for years now I am not going to be lulled into complacency. In terms of...
17May1:34 pmEST
No Big Deal: Just a Nine-Year Bear Market Bottom
Lost in the shuffle of headlines out of Washington D.C. alongside equities finally seeing some downside movement today is the persistent strength in the Euro currency. For a while now, Europe's future has been uncertain, especially dating back to the BREXIT upset vote last summer. However, the Euro currency also priced in plenty of uncertainty...