Lost in the Underbelly of the Move in Commodities

12May4:59 pmEST

Stock Market Recap 05/12/15 {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...

12May2:28 pmEST

In the Jaws of an Important Market

The close in TLT should be an interesting one today, as this mornings reversal saw price rally up to the declining 20-period moving average (orange line) on the 30-minute chart, below. While it seems like the selling tide has turned for now, TLT is barely green as I write this. And the correlation between stocks and bonds seems to be more...

12May12:14 pmEST

Slow and Steady Wins the Non-Confirmation

The lagging and weakening transports remain a thorn in the side of any bull case for a sustained uptrend in the market from here, as classic Dow Theory Non-Confirmation is hanging around even if it has yet to inflict much noticeable damage. On the updated daily chart of the Dow Jones Transportation Average, you can plainly see the long-running...

12May9:50 amEST

Age/Sex/Location/Pic/Wanna Cyber Buyout?

News of Verizon buying out AOL this morning for $4.4 billion is pretty much about what you would expect in an aging bull market, when firms with brand maturity hook up with each other, or in the case of AOL can salvage becoming entirely obsolete through bull market risk appetite and liquidity. But another, less bullish issue would the VZ...

11May4:45 pmEST

Stock Market Recap 05/11/15 {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...

11May2:28 pmEST

What if It's Not an Inflation Trade, After All?

At this stage in the bull run and economic recovery, the easiest explanation for rising rates would be the late-cycle "inflation trades" we see so often, conjuring up memory of early/mid-2008, where going long plays like Potash and short an already-topped S&P and Nasdaq became the obvious and crowded trade before a crash later that year. But...

11May12:31 pmEST

Setting Up to Be the Femme Fatale

With earnings not for another month or so, Smith & Wesson still may be ripe to play along with the news-driven rallies in DGLY TASR of late. On the daily chart, below, note the morphing but right sideways consolidation within the context of an uptrend, meaning those daily chart moving averages are largely rising. A move over $15.20 and...

11May10:11 amEST

The Future of Cars

After earnings this morning, Mobileye, the Israeli driver assistance technological firm, is rising towards recent highs. While DGLY, with a similar ticker, has been getting the action of late, MBLY may very well be the better idea to stalk long here, especially if the stock handles $48 well this week (See daily chart below). Elsewhere, KNDI is...

10May3:03 pmEST

Weekend Overview and Analysis 05/10/15

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...

10May11:46 amEST

Lost in the Underbelly of the Move in Commodities

The rally this spring in select commodities, and the ones in softs last week, may very well transcend the U.S. Dollar, which of course is front and center for many market players these days. Specifically, the "commodity-sensitive" Aussie Dollar has made upside progress since April after a devastating downtrend, the latest installment of which...