Monthly Archives: October 2018
Showing articles 41 - 50 (62 total)
10Oct2:44 pmEST
Counselor! Come Out, Come Out, Wherever You Are
Are we sure Apple is a safe haven and safe hideout for longs in what is obviously a deepening broad market correction? Granted, I am talking my book here, as I am still short part of my AAPL position inside Market Chess Subscription Services. Alas, we must remember that longs can run, but you usually cannot hide for too long in a real, deep...
10Oct10:34 amEST
Operation: Live to Fight Another Day
In markets like these, with daily whipsaws, head-fakes, and now some more deterioration as the selling spreads to even sectors which were exuding relative strength of late (consumer names, energy), we must always return to a basing tenet of speculation, which is: Loss of opportunity is not nearly as damning as loss of capital. Never forget,...
09Oct3:22 pmEST
Fresh Ideas for a Levitating Market
Bears seem to have fumbled a few opportunities today to truly bring this market to its knees, as the resilience of the energy sector likely galvanized buyers to try to salvage other parts of the market, like tech. With energy still strong nearly across the board, we want to put it the work to identify ancillary sectors which often fare well...
09Oct10:56 amEST
A New Market Cycle Officially Hatches
With the Fed now in a tightening cycle, the last few weeks seem to drive home the point that Treasuries and stocks will now likely be moving in unison more than at any other time we have seen in a while. In other words, stocks will likely be trading inversely to rates on some level, as the TLT and SPY correlation seems to be in lockstep. Just...
08Oct3:44 pmEST
Stock Market Recap 10/08/18 {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...
08Oct3:41 pmEST
So a Farmer Walks Into a Bar...
While it may seem like an afterthought, the price action in many fertilizer and agribusiness plays in general lately has been no joke. Indeed, the likes of ADM BG CF MOS NTR, among others housed in the MOO ETF for agribusiness (below, on the daily timeframe) has been the epitome of relative strength to the broad market over the last several...
08Oct10:47 amEST
More Options Than You Think
Dip-buyers are making an early attempt to blunt the rare downside momentum bears enjoyed last week in the small caps, and eventually the Nasdaq, too. I suspect that bulls had better hang onto and indeed build on this bounce in order to stave off another afternoon swoon, not unlike what we saw in several instances last week. Inside Market Chess...
07Oct12:41 pmEST
Weekend Overview and Analysis 10/07/18 {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...
06Oct10:27 pmEST
Saturday Night at Market Chess Cinemas
Several weeks ago on my primary Twitter account I mentioned how impressed I was with Land of Mine (2015), as I considered it to be a superior war film to that of Dunkirk (2017). Although Dunkirk features impressive action sequences and a quality soundtrack, the film did not run particularly deep--It was the epitome of a Hollywood...
05Oct10:16 amEST
A Narrow Strip to Pass Through Autumn
Equities are largely mixed and still soft in many places after the latest jobs report this morning. On the back of the unemployment percentage headline number ticking lower, despite less-than-expected jobs created, rates are moving higher yet, likely pricing in a more certain imminent future Fed rate hike. Tech seems to be leading lower, with...