Monthly Archives: September 2021
Showing articles 1 - 10 (43 total)
30Sep4:41 pmEST
Stock Market Recap 09/30/21 {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...
30Sep11:20 amEST
Quarters: No Longer a Game
As the third quarter of trading for 2021 officially closes this afternoon, we now have some completed quarterly candlesticks to analyze. The GDX quarterly, first chart, below, shows gold miners suffering a rough couple of months. But the group is showing life today, impressive considering how mixed and squishy equities are acting. That said,...
29Sep3:15 pmEST
Final Hour Market Context
We are still a few weeks away from the heart of next earnings season. The debt ceiling, Evergrande, and inflation issues are rotating front page headlines on a daily basis, or so it seems. And the market is trying its best to process all of it. You might argue this period is a sorting out process, at least for now. To my eye, the clear winners...
29Sep10:35 amEST
I'll Be Your Banker for Worthless Fiat
The U.S. Dollar, gauged below by the UUP ETF (which pairs the Dollar versus a basket of developed economies' currencies) is printing multi-quarter highs this morning. And while there is not always an exact inverse relationship with precious metals and miners, I think it is fair to say that seeing silver dive lower here means that gold bugs are...
28Sep4:21 pmEST
Stock Market Recap 09/28/21 {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...
28Sep10:18 amEST
J-POW Will Soon Go Through the Laurence Fishburne Phase
Much like the actor "Larry" Fishburne came to be known, instead, as Laurence Fishburne a little over twenty years ago, it may very well be time for Fed Chair "J-POW" to only be referred to as Fed Chair Jay (or Jerome) Powell, going forward. Indeed, the cutesy J-POW nickname adorned on him by various Reddit/younger/newcomer traders especially...
27Sep3:36 pmEST
Winter is Coming, And So Are Value Players for CVS
I have been through enough rodeos to know that markets are always full of surprises, and taking any scenario for granted as a foregone conclusion is awfully brazen. However, with value plays perking up rather quietly today alongside the commodity boom (namely energy), if you have the patience and timeframe it may be worth another look at some...
27Sep10:42 amEST
Tools to Fight Inflation
Fed Chair Jay Powell continues to be rather cavalier in his approach to inflation, recently unveiling a likely tapering schedule but still downplaying the lasting impact of higher prices. His go-to phrase of late is the flippant, "We have tools," in case inflation is not transitory. But as energy prices gather steam to the point of being a...
26Sep5:59 amEST
Weekend Overview and Analysis 09/26/21 {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...
24Sep11:54 amEST
The Simple Pleasures We All Take for Granted
With headlines swirling about a China energy crunch on top of the European one already afoot, we may very well be headed towards an interesting winter in terms of oil and gas prices. Here in America, with government benefits from the pandemic being wound down in many states and a generally feeling in the air that the worst of the pandemic may...