Trading Ideas
Showing articles 121 - 140 (5330 total)
19Oct10:35 amEST
The Paper Chase
I once had a law professor who was rather acerbic and mercurial. He intentionally had his students buy a certain casebook of common law cases which he despised so that he could teach "against it" all semester. His rationale was that he found it quite boring to use a casebook which contained court decisions he mostly agreed--That is how much he...
18Oct12:48 pmEST
Big Tree Fall Hard, Right?
We have some sharp reversals off yesterday's small cap-led rally taking place so far today, as the toll of sticky high rates and and now oil prices climbing seems to be manifesting itself on even the most complacent segments of equities. As I write this, small caps in the IWM, China internet names in the KWEB ETF, the mid-caps in the MDY,...
17Oct11:11 amEST
Not Such Golden Slacks This Time Around
Goldman Sachs (sometimes known as "Golden Slacks," as one its kinder nicknames compared to others) the iconic banking house, reported a top line earnings beat this morning on strong bond trading numbers. As you can see on the daily chart, however, Goldman is trading lower. More importantly, the overall chart remains bearish and looks much more...
16Oct11:50 amEST
Trapped in a Prison Market
Imagine, if you would, that you had taken a nap in July 2018. You did not wake up until this morning to read this blog post. During that nap, the IWM (ETF for small cap stocks in the Russell 2000 Index) has made no net, or overall, progress and is trading at the same levels it was some five years and three months ago. On a shorter-term...
13Oct12:55 pmEST
Satanic Black Magic Into the Weekend
The easiest thing to do right now is throw a Paulie Walnuts-type tantrum and decry today's pop in the VIX as merely overzealous hedging into the weekend in light of the Israel/Hamas escalation, bound to lead to a VIX collapse next week. My take, as you might imagine, is a bit different: The VIX has already been working on a higher base for...
12Oct11:29 amEST
White Collar Tastes; Blue Collar Grind
After a hot CPI print this morning we have some incredibly familiar Nasdaq-versus-the-world price action playing out as we speak. At the risk of being redundant regarding that glaring divergences across a structurally weak equities (and credit) market, I would much rather focus this morning on actionable trade ideas: The nitty-gritty blue...
11Oct12:12 pmEST
Shaken and Stirred, Yet Unperturbed
An amorphous, overall trend-less equities market for months has been the main takeaway for swing traders, lending itself to natural frustration. Sure, the bond market has been selling off, and we have been on top of that with Members, trimming a TBT play into the recent pop in rates before the cooling off this week. However, when it comes to...
10Oct12:15 pmEST
At the End of the Day
The S&P 500 and Nasdaq, respectively below on their daily charts, have easily been the two strongest indices of late, as virtually all other indices are below their own 200-day moving averages. But not the S&P and Nasdaq. Hence, instead of cherry-picking the weaklings, let us focus on these two. Simply put, at the end of the day (or perhaps...
09Oct10:35 amEST
Isn't That Just Like a Commodity Market?
Over the weekend Israel declared war following a surprise attack from Hamas. It is a rather convenient fact, indeed, that crude oil had been sharply pulling back for about the last week and a half following a prior, steep rally, rending this gap up perhaps just the start of a new move higher rather than a typical sell-the-news setup. Commodity...
08Oct11:15 amEST
Weekend Overview and Analysis 10/08/23 {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...
06Oct11:23 amEST
Holding it All Up
My bearish bet on the bond market continues to work well, as I trimmed some more of a TBT long position which I have actually held for most of this year with Members. That said, the persistent and seemingly omnipresent bid in equities is out in full force, once again, with stocks flipping green as I write this despite the red-hot inflationary...
05Oct10:52 amEST
It is a New Battlefield; Adjust Accordingly
The team with the longest winning streak in New Jersey high school football currently (33 games and counting) is Caldwell High School, a program with which I am quite familiar. The Chiefs, located in West Caldwell, have been a powerhouse for a school of their size--especially a public one--for many, many decades, with several state...
02Oct11:50 amEST
What's the Old Saying? Credit Leads
High yield corporate bonds (HYG ETF, first daily chart, below) are sporting fresh breakdowns this morning, not to mention junk bonds and investment grade corporates (LQD ETF on second chart). Simply put, credit is starting the month and quarter with a fairly resounding bearish tone amid higher rates. This action stands in stark contrast to the...
01Oct11:50 amEST
Weekend Overview and Analysis 10/01/23 {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...
29Sep10:31 amEST
Let Me Tell You a Couple of Three Things
Dow component and retail titan, Nike, below on the daily chart, is gapping up hard after earnings last evening. And just like with Disney, another Dow component, which gapped up in August after earnings, it would not shock be if all of the bullish cheers will soon be silenced again. Back on August 10th, Disney gapped up on earnings to a chorus...
28Sep11:10 amEST
Change the Seasons, But Not My View
With TBT, the ultra-short ETF essentially betting hard against TLT and betting on higher rates, poking above $40 this morning I decided to right-size my position in long TBT wither Members down to a regular, 2% size (meaning 2% of my dedicated Market Chess educational portfolio)--My cost basis on the overweight position was $28.85 and I have...
26Sep11:36 amEST
No Consolidation Lasts Forever
With the month and quarter coming to an end this Friday by the closing bell, have a look if you would, please, at the month and quarterly charts, respectively below, for the IWM (ETF for the small caps in the Russell 2000 Index). You are taking about uniquely extended periods of consolidation, to the point where many are assuming--rather...
25Sep11:16 amEST
You See Bottoms; I See Complacency
Stocks are slowly dripping lower with modest intraday bounce attempts, for now at least. However, the noteworthy action this morning is that both rates and the Dollar are spiking. I have not been shy at all in voicing my view that, ultimately, a new bond secular bear market is underway and that will be the undoing of the great equity chase...
24Sep11:04 amEST
Weekend Overview and Analysis 09/24/23 {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...
22Sep1:35 pmEST
Call Me Kat; Call Me Dead Kitty Kat Bounce
I suppose I could cherry-pick the weakness in NFLX TSLA or even the banks. But to my eye, as one of our Members has been tracking closely, the persistent weakness in airlines after previously being adored by bulls as a sign of the vibrant economy seems telling. On the updated JETS weekly chart, below, the mid-July reversal we highlighted in...