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Side Street
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chessNwine
Visit My Web SitechessNwine is a full-time stock trader and market commentator. He focuses his analysis on the technicals and psychology behind the market. He is an equity partner of iBankCoin.com, and is Co-Director of the 12631 premium trading service.
Homebuilder Momentum Breaking Down
Posted on 01:21PM 02/20/13
The notion of a resurgent housing market has become increasingly accepted in recent months. Keep an open mind that upside may be limited from here.
Planning an Entry into Michael Kors (KORS)
Posted on 12:52PM 02/12/13
With a positive reaction to earnings, Michael Kors remains a strong chart on virtually all timeframes.
Jackpot for the Gaming Equipment Stocks
Posted on 02:04PM 02/08/13
The three main slot-machine makers in the gaming industry, BYI IGT WMS, have all sporting strong charts lately.
Vegas Stocks: The House Always Wins
Posted on 02:13PM 01/22/13
As long as Las Vegas Sands holds $36, the double-dip Vegas bears are caught in a rundown here regardless.
Posted on 01:17PM 01/18/13
After a spectacular 2012, the biotechs as a whole are holding up rather well in the first few weeks of 2013. However, as a bull run matures we inevitably seen leadership narrow and rotations emerge.
A Major Breakout for Developed Markets?
Posted on 12:14PM 01/11/13
With not many traders positioned for developed world economies to see a major, year-long breakout, this ETF certainly merits your attention going forward as another area to benefit from capital rotation.
Finally, a Bottom in Coal and Steel?
Posted on 10:33AM 12/17/12
A funny thing happened during coal and steel's decline to zero: They stopped going down.
Staring Down the Business End of the Firearms Trade
Posted on 11:37AM 12/11/12
The recent focus on increasing gun sales in America is naturally bound up with all sorts of political and social undertones.
Posted on 02:16PM 12/03/12
When you see a stock that fights hard to avoid an initial steep price correction, it tends to be wildly bullish for the intermediate-term timeframe.
Posted on 01:08PM 11/16/12
Every other deep correction we have seen since 2009 has formed at least some type of tradable bottom when the NYMO knifed down under -100.