Trading Ideas
Showing articles 321 - 340 (5337 total)
18Jan12:04 pmEST
Central Banks Are Not Absolved of Their Sins
The Bank of Japan will kick the can all it wants, as it did overnight by continuing their Yield Curve Control monetary experiment, but in the end history says the final judgment will be ruthless. Considering Japan was once considered the epitome of a culture centered around honor, seeing its Central Bank devolve into a limp-wristed coward is...
17Jan4:20 pmEST
Stock Market Recap 01/17/23 {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...
17Jan10:31 amEST
The Catalyst Always Comes Out of Left Field
I can assure you, as someone who lived through, traded, and diligently tracked and then revisited 2008 well after the fact, that very few people in the months leading up to (i.e. BEFORE!) Lehman Brothers failing--and the subsequent fallout--were expecting just that. Sure, I could always cherry-pick 9/11 in the prior bear market but, as we know,...
13Jan11:47 amEST
Line it Up for the Real Start of the New Year
This is a concept we discussed with Members as far back as mid-December, and it is worth repeating: It can often take up to two weeks after the holidays for the market to truly regain that full squad feeling and have it reflected in volumes-- Markets will be closed this Monday, January 16th in observance of Martin Luther King Jr. Day. ...
12Jan10:45 amEST
Big Round Numbers and Obvious Tests
After basically an inline CPI report, markets popped, reversed a bit lower, and are recovering now as I write this albeit with the Nasdaq slightly red. I still maintain this is the phase of the bear market where nonstop hope is attempting to singlehandedly reverse the dominant trend lower, but ultimately fails--We saw a similar situation in the...
11Jan12:15 pmEST
Everyone Wants to Fix Broken People
Just as you might go through a phase in life where you try to fix broken people, so too do traders in bear markets often try to fix broken charts. But the same bitter lessons apply: In life, some people are broken and do not want to be fixed. If you try to fix them, you yourself are often subjected to various shrapnel from their destruction,...
10Jan3:42 pmEST
CPI Estimates Need to Be More Aggressive
The big showdown in markets this week is clearly the CPI print Thursday morning, something which should be apparent given the price action so far today and this week. Estimates are averaged out to be 6.5%, which strikes me as, appropriately given market sentiment, hopeful more than anything else--Hopeful that inflation will recede aggressively...
10Jan11:17 amEST
Watch and Burn
After the Powell remarks this morning were essentially a nonevent, the main focus of the week coming up is still the CPI inflation print on Thursday morning followed by the large banks kicking off earnings season on Friday. Although bulls are inferring that Powell's remarks being a nonevent is bullish, another way to read into it is that Powell...
09Jan3:24 pmEST
These Cougars Just Went from Predator to Prey
A bonafide, dominant retail player since the 2009 lows, Lululemon surged in popularity for a variety of demographics but especially women "of a certain age" trying to retain a comfortable yet attractive look. Indeed, LULU's stock is something of which chapters in textbooks can be written, perhaps one of the poster children of the QE/ZIRP era...
09Jan11:26 amEST
A Confident Market: But is it Authentic?
Considering we have Powell speaking tomorrow, followed by the CPI on Thursday (not to mention the big banks kicking off a new earnings season Friday morning) this market seems uniquely confident in the face of those potential headline risks. It is often said that whereas bull markets climb a wall of worry, bear markets slide down a slope of...
07Jan12:19 pmEST
Historical Bear Market Analysis 01/07/23 {Video}
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06Jan11:33 amEST
This is Not a Return to Decadence
A funny thing about folks getting a taste of the good life, to speak, in markets since March 2020 (and even at various intervals since 2009) is that they will seemingly do anything to go back to the go-go-days, even if it means completely distorting reality. To put it crudely, you might argue it is not unlike a drug fiend willing to do anything...
05Jan3:18 pmEST
It's Tough to Look and Not Touch
One of the most counter-intuitive aspects about speculation is the notion of laying off the action for various intervals. After all, who really travels to the casino to not gamble? Well, I suppose some folks do. But not the warriors in the arena most of us are--Mixing it up regularly in global markets and putting ourselves to the test. In...
05Jan10:31 amEST
Running Those Buy Programs Into the Ground
A thrust lower at the open on the major indices saw the S&P 500 almost tag the big, round 3,800 level precisely, as well as the QQQ ETF lingering near key $260 support. Right on cue, however, we saw a slew of buy programs in some large names, particularly AAPL. This was a common feature of the QE/ZIRP bull market era, where buy programs would...
04Jan3:40 pmEST
Powell Hunkers Down for Winter
Stocks are mostly meandering into the final hour of trading today, as bulls try to hold green from earlier. Although the Dow just flipped back red as I write this, plenty of stocks are struggling to stay afloat. The Fed Minutes released earlier this afternoon certainly added some pizazz to what was an already-wide range session. Of course, we...
04Jan11:08 amEST
Reddit in Reverse! Wheels in Motion
It may seem too easy to dismiss the WallStreetBets Reddit Group as being a bunch of whippersnappers who caught lightning in a bottle about two years ago with the various meme stock squeezes in GME and AMC, especially. However, I would urge you to take a few moments to read through a popular recent post on the forum here , where a kind of...
03Jan2:38 pmEST
Real Talk for the New Year
While from far perfect, we hit some major issues correctly in 2022. That said, I find it rather uncouth to constantly harp on one's good calls, especially when anyone with half a brain knows that speculation is a fine mess full of constant blunders--The key is to mitigate the risk and take professional measures to refocus. In addition, I would...
03Jan9:57 amEST
No Need to Make a Production Out of It!
The "New Year, New Me!" mantra seemed to have hit Wall Street this morning, with bulls celebrating a gap up in the futures and at the opening bell. While we are still technically in the "Santa Rally" holiday period, as it typically takes up to a week most years to get everyone back at their desks off the break, I remain vigilant to respect the...
30Dec12:32 pmEST
Another Year in the Books; Be Proud
While those chock full of insecurities, hubris, and cheap braggadocio will constantly try to remind you that they are always winning big, the reality is that the seasoned speculator understands and respects just how challenging it can be to merely survive year-in, year-out in this business. Believe me when I tell you that I have some seem of...
29Dec11:27 amEST
There's Always Hope
As we wind down the final two sessions of 2022, bulls are finding some reason for hope in what has otherwise been a dreadful December. Stocks are squeezing on typical low volume for this holiday week, with the lowly oversold Nasdaq up about 2.4% as I write this. The rally may have some legs into the long New Year's weekend, especially...
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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.
