Turn That Frown and Chart Upside Down

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...

04Oct4:20 pmEST

Stock Market Recap 10/04/18 {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...

04Oct1:21 pmEST

Waterfall Down; Opportunities Ahead

The morning swoon is holding into the afternoon here, as small caps continue to flash a red warning light. I will flesh this out more for Members in my Midday Video, as volatility is finally starting to perk and apparently not fading, just yet. However, we should not become too morose over this selling, as opportunities for names we have been...

04Oct10:35 amEST

Turn That Frown and Chart Upside Down

The Dow and Nasdaq seem to be growing incredibly concerned with the latest failed bounce in the small caps this week, as yesterday's strength is being overshadowed by this morning's gap down. As a result, I suspect recent hideouts for longs like Apple may now be more vulnerable than ever to finally pulling in for a bit of a reset. While the...