Trading Ideas
Showing articles 101 - 120 (3775 total)
06Aug11:13 amEST
There's Heat Below
A massive upside reversal in the futures overnight may very well have seen bulls breathing multiple sighs of relief. However, it is worth remembering that plenty of opening gaps higher fail during corrective markets. And as we have been profiling, especially since last week both here and with Members, the market has indeed been flashing quite a...
05Aug2:34 pmEST
This Market Requires Beer Goggles
In the midst of an 800 point Dow selloff, seeing a software growth leader like Alteryx, Inc. (AYX) down by a mere 4% may seem about par for the course. However, when we view the updated AYX daily chart, we will note there is no damage of which to speak...yet. Furthermore, AYX is not yet putting in any type of large, solid red candle which...
05Aug10:41 amEST
A Better View for You-Know-Who
Bears can hold their heads high and stick their chests out this morning as the major averages gap sharply lower. Indeed, the red flags and various warning signs we noted last week here and for Members seem to be playing out well for ursine-minded traders. Escalating trade war and geopolitical tensions seem to be the excuse du jour for the...
02Aug10:27 amEST
Enjoy the Journey
It may not be particularly fun to ease off the action during this mid-to-late summer market malaise, but with the small caps in the IWM breaking back below their 50-day moving average this morning to compound the heavy selling in tech (QQQ) over the last two sessions, resisting the urge to "make something happen" on the long side may very well...
01Aug3:08 pmEST
The Fed is Trapped; Long Live The Fed
It may take a little while longer yet for equities to fully grasp the picture. But what else is new? The first asset classes to usually catch on are fixed income and, at times, gold. So what is it, exactly, that these markets need to "catch on" to regarding The Fed? How about this: The Fed is officially trapped and now they know it. Any...
01Aug11:36 amEST
Kirkland is Not Just Costco's House Brand, Ya Know
Equities are snapping back with some authority this morning, as hope for a second rate cut now seems to have more viability than it did yesterday afternoon. Still, I am a bit skeptical of the bounce, pending the close and daily volume due to some recent warning signs with respect to upticks in sell volume and a few examples of the market...
31Jul3:47 pmEST
The Market Was Not Looking for That
The beloved rate cut may indeed have been initially perceived as being some type of panacea for global trade wars and any concerns about the economy. But even with small caps outperforming the last two sessions it is hard to ignore the "sell the rumor, sell the news" double-whammy we largely saw in many stocks this week. In particular, note...
31Jul10:33 amEST
At Least Some of it is Baked in the Cake
Small cap outperformance yesterday combined with a gap higher in AAPL after earnings this morning are helping to blunt some of the "sell the rumor" type of action we saw at the beginning of this week as we head into the FOMC later today. Still, one cannot help but think that the widely-publicized rate cut likely to come at 2pm EST today is...
30Jul10:17 amEST
Bears Trapped on This Deck
In an otherwise slow pre-FOMC tape today, Trex Company, the leading recycled materials manufacturer of wood-alternative decking, railings and other outdoor items, is a notable bright spot. We tried a long in TREX in recent weeks but soon surmised that the stock was likely waiting on earnings to make some type of move. With this morning's...
29Jul5:20 pmEST
Stock Market Recap 07/29/19 {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...
29Jul10:45 amEST
Sell the Rumor
Stocks are mostly lower in front of a well-publicized rate cut likely coming later this week during the FOMC announcement on Wednesday. As I write this, I see software in the IGV and HACK ETFs, as well as the small caps in IWM, are leading lower. This type of action is roughly the polar opposite of the spirited rally in growth issues we saw...
28Jul12:34 pmEST
Weekend Overview and Analysis 07/28/19 {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 markets. Please click here for more...
25Jul10:13 amEST
The First Stop for Netflix
In the midst of some disappointing earnings reactions this morning from the likes of FB NOW PYPL TSLA, we have a soft Nasdaq keeping a lid on the small cap progress we saw yesterday out of bulls. It will be interesting to see if the QQQ bulls can pull the rabbit out of the hat again and buy this dip, considering the resilience they have...
24Jul4:05 pmEST
Stock Market Recap 07/24/19 {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...
24Jul10:40 amEST
The Next Snap is Snap
It may be tempting to hunt down a name like YELP as potentially being the next SNAP, in terms of long-time social media laggards waking up in a major way like we have seen from shares of Snap since last Christmas when the stock dipped under $5. However, that may be missing the point. Specifically, SNAP may just be getting started. After...
23Jul10:54 amEST
Those Should Be Tears of Joy
Gold miners are slightly fading this morning after their latest push higher. At first blush, seeing the U.S. Dollar ETF (versus a basket of developed economies' currencies), UUP, on the updated daily chart, below, breaking higher out of consolidation would seem to be prima facie bearish for the entire precious metals and mining complex. ...
22Jul3:30 pmEST
Endless Summer Sessions
This sleeps summer market, seemingly holding its breath in advance of the coming earnings onslaught, has all the pace and action of a Richard Marx love ballad. Naturally, the small caps in IWM are back in the red and blunting any semblance of upside energy bulls were enjoying earlier in the sessions, save BYND and TTD as a few notable...
22Jul10:47 amEST
Games Which Have Been Around for a While
Even in the strongest of bull markets we must brace for standard mid/late-summer games, meaning periods of seemingly endless choppy price action and new ranges tediously being formed on the indices, sectors, and even leading stocks alike. For this reason, we often see options players burned during the late-July/August interval, even if the...
18Jul6:14 pmEST
Stock Market Recap 07/18/19 {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...
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About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
