Trading Ideas
Showing articles 341 - 360 (5341 total)
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...
27Dec1:20 pmEST
An Ominous Sign for Winter
Stock bulls may be learning the timeless lesson insofar as being careful what they wish for. On the back of China announcing various reopening measures the main reaction has come with another spike higher in rates despite stock index futures popping last evening off the long holiday weekend. True, the Dow is higher as I write this, but growth...
23Dec10:29 amEST
Inflation's Flame is Receding, But Not How You Think
REMINDER: Market Chess Subscription Services prices are going up after New Year's Eve . However, if you join before the calendar flips to 2023 you will be grandfathered in to current, low prices. PLEASE CLICK HERE to join now before the price hike. ___________________________ After this morning's PCE data points, which is The...
22Dec11:09 amEST
A Slow Developing Bear But Dangerous Nonetheless
Some bear markets, like 2008, feature an angry, rabid bear prowling the campgrounds for food and ravaging anyone and anything in its way, even some things and people not in its way. Other bears, like 2000-2002, the 1970s, and perhaps this bear, are more slowly developing, with a cute little baby bear at first stealing some Peppermint Pattys...
21Dec11:12 amEST
Looking Sideways at Santa Claus
Bulls are feeling their oats this morning as they believe they are correctly front-running the iconic "Santa Rally" on Wall Street, which technically begins in duration next Monday and spills over into the first two trading days of 2023. Nike and FDX both rallying sharply after earnings looks to be helping their cause, as is the S&P 500 Index...
20Dec4:23 pmEST
Stock Market Recap 12/20/22 {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...
20Dec11:02 amEST
Brace Yourself for More of What the Bank of Japan Did
After decades of propping up zombie banks/corporations with ultra-easy monetary policies since the Nikkei bubble popped back in 1990, very few non-government entities now want to buy Japanese Government Bonds (JGBs), which I suspect was the motivation for the overnight news that the Bank of Japan (BoJ) is raising its cap on the 10-year JGB...
19Dec3:04 pmEST
I Talked to You, Right?
At the risk of sounding like Jimmy Conway , we have some red flags to buy stocks here, particularly growth stocks. In addition to the per se bearish price action, correlation like Junk Bonds in the JNK ETF, below on the daily chart, are indicating confirmation of a rollover from a multi-month bear market rally. The gap down, especially, is...
19Dec12:16 pmEST
A Proper Duel
While natural gas breaks support again, and energy stocks as a whole are mixed, crude oil is turning in a solid morning so far. In all likelihood what we have here is a duel between slowing global demand amid global economic slowing coupled with entrenched bullish supply issues which are not likely to abate anytime soon. This tug-of-war very...
18Dec10:02 amEST
Weekend Overview and Analysis 12/18/22 {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...
16Dec1:47 pmEST
Ho-Ho-Ho-Hold Up!
Consider this a friendly reminder that the official Santa Rally time period (yes, it is a real thing on Wall Street) consists of the last five trading days of the current calendar year and spills over into the first two sessions of the new year. Clearly, we are not there yet. So, despite how many are throwing around the phrase, "Santa Rally,"...
15Dec11:31 amEST
More Like a Noir
Even during overall bear markets, the month of December can often feature typical holiday cheer like a Hallmark movie this time of year. Thus far in 2022 that is certainly not the case. Since the big rally back on November 30th the price action across most markets is some of the most tedious action I can recall, especially for this time of...
14Dec4:28 pmEST
Stock Market Recap 12/14/22 {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...
14Dec10:41 amEST
Take Your Fed Day Breakfast with a Grain of Salt
Ahead of the FOMC at 2pm EST today, followed by a Chair Powell presser, it is likely correct to take virtual all of the action across all markets with a grain of salt since we know how quickly the worm can turn on Fed Days (then again, one can argue in this modern monetary regime that they are all "Fed Days"). The consensus is that the Fed...
13Dec5:19 pmEST
Stock Market Recap 12/13/22 {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...
13Dec10:56 amEST
You're a Mean One, Mr. VIX
Stocks are fading well off their morning highs for on the back of a cool CPI print pre-market. To be sure, we have a ton of event risk yet to be negotiated this week, namely with the FOMC tomorrow afternoon. That said, in light of the VIX popping yesterday alongside the rally in stocks, and now dumping out today, it reminds us of the...
12Dec3:46 pmEST
I'm Not Someone Who Complains About Christmas Music
This time of year, it becomes a badge of honor for some folks to complain about the ubiquitous Christmas/holiday music everywhere you go. Not I, however. Believe me, there will be plenty of dark, quiet, holiday-less days coming in January and February, even parts of March, where you will yearn for the energy of the holiday season. In the...
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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.
