Monthly Archives: May 2017
Showing articles 21 - 30 (83 total)
23May1:35 pmEST
I Went to a Fight the Other Night and an Airline Broke Out
"I went to a fight the other night, and a hockey game broke out." -Rodney Dangerfield That old Rodney Dangerfield joke certainly seems applicable to the airline experience these days, what with a flurry of headlines regarding physical fights aboard major airlines both in the U.S. and around the world. And, yet, the airline stocks themselves...
23May10:35 amEST
Think of Solar Like a Dance Move from the 1920s
Solars have been out of favor for so long it is hard to remember when, exactly, they were actually in favor. But like a dance move from the 1920s, they could become fashionable again after an extended period in the wilderness. First and foremost, the energy complex sustaining some type of rally this summer would be a tailwind for the solar...
22May3:49 pmEST
Stock Market Recap 05/22/17 {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...
22May3:47 pmEST
A Bright Spot from the Storm
Into this bounce in crude oil, a bullish divergence in favor of energy bulls dating back several months can be seen in the outperformance of HYG, the ETF for high yield corporate bonds. The HYG is filled with plenty of firms in the energy complex. But to be precise, as I write this energy-related firms make up more than 13.5% of HYG. Thus,...
22May1:36 pmEST
Silver Not as Obsolete as Silver Spoons
Given the frenzy in the cryptocurrencies, it may very well be easy to dismiss the precious metals and miners as no longer attracting much interest even when the U.S. Dollar slumps. However, I would not be so quick to dismiss the precious complex, as they will always have their skeptics regardless of other alternative investments. Beyond that,...
22May10:41 amEST
A Sunny Market for Shady Characters
The "cryptocurrency" market created plenty of buzz over the weekend alongside recent weakness in the U.S. Dollar, as the price of Bitcoin and Ethereum continue to rally throughout 2017. In lieu of focusing too much on speculating in those given markets, let us take a step back and consider that it is a way to express at least some loss of...
20May12:00 pmEST
Weekend Overview and Analysis 05/21/17 {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 market Please click here for more...
20May11:59 amEST
Saturday Night at Market Chess Cinemas
I was fortunate enough to be living (studying and working) in Florence, Italy, during the spring of 2001 when Hannibal (2001) was released. I saw the film in a theatre there with plenty of expats. But being in Florence, where the film is set for much of the story, certainly added some flavor to the experience. Looking back, that time period...
19May3:54 pmEST
All the News That's Fit to Fade
We finally saw markets react this week to the heavy and steady news flow, as political allegations both here in the U.S. and Brazil rocked equities on Wednesday. There is a colorable argument to be made that markets were simply looking for any old excuse at this point for a shakeout, given the low volatility drift higher we have been seeing for...
19May10:46 amEST
Do You Want to See Some Magic?
Come to think of it, it would indeed be a masterful trap by Mr. Market for crude oil to stage a false breakdown and subsequent sharp upside reversal under the shadow of the Trump/Comey/Brazil headlines this week, with plenty of large Wall Street players off in Las Vegas at the SALT Conference, to boot. Indeed, with just a week before Memorial...