Monthly Archives: April 2021
Showing articles 31 - 39 (39 total)
08Apr4:26 pmEST
Stock Market Recap 04/08/21 {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...
08Apr10:45 amEST
My Message to the Pet Rock: Let's Rock
Beyond dabbling in the precious miners with short-term timeframes for years on end at this point, if you have been reading along then you know I am looking for the mocked, loathed, and generally sneered at yellow metal to finally stage a new leg higher on the back of what was a potent rally from late-2018 through last summer 2020. While gold...
07Apr10:57 amEST
Food Inflation: The Worst is Yet to Come
While I have no desire to stoke fear on this (or any) platform, I also recognize that readers are clicking in because they believe I call it like I see it. And when we gauge the latest U.S. Dollar rally beginning to slip lower, coupled with the tight multi-week consolidation on the DBA (which is an ETF basket of agricultural or soft...
06Apr3:41 pmEST
I Proclaim This the Summer of George! And Wings
With just over 1,400 locations nationwide and a mere $3.75 billion market cap, Wingstop still has the look and feel of a fast-casual hybrid chain on the rise. Of the March 2020 lows, Wingstop screamed higher nonstop into late-last summer before settling into a wide range ever since. On the updated WING daily chart, below, you can see as much,...
06Apr10:44 amEST
Retail Therapy to Cure Your Pandemic Malaise
Rotation is the lifeblood of the bull, and that should likely be respected all the more during one of the most seasonally bullish times of year. The moment, of course, will not last. But until then, broad market bears continue to grow frustrated with capital shuffling around even as the indices screamed near-term quite overbought yesterday. ...
05Apr3:34 pmEST
No Mania for You? I Have Your Play Right Here...
I always find it amusing when some people try to pigeonhole this website and our general strategy as this, that, or the other thing. In reality, we have demonstrated over a period of years that we are willing and able to adjust to the market's ever-changing landscape while still staying focused on sound risk management principles. Yes, we...
05Apr10:49 amEST
Uranium is the New Solar
Since its inception in late-2010, the uranium ETF (URA, below on its monthly chart) has been a pretty good counter to the, "everything is in a bubble" crowd. You are talking about a decade worth of dead money and disappointing price action, even with uranium and nuclear energy staring us in the face as a clean, abundant, and efficient...
04Apr10:33 amEST
Weekend Overview and Analysis 04/04/21 {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...
01Apr11:10 amEST
April Fool's Paradise
fool's par·a·dise /ˈfo͞olz ˌperəˌdīz/ noun a state of happiness based on a person's not knowing about or denying the existence of potential trouble. The S&P 500 Index above 4,000, tech stocks finding a strong bid the last two sessions and taking the baton back from the infrastructure monsters which clearly front-ran the Biden...