Monthly Archives: February 2022
Showing articles 31 - 38 (38 total)
05Feb7:16 amEST
Super Bowl LVI Sports Betting Analysis
Last year around this time we discussed in a video here the reasons why the sharp bet was probably to take the Tampa Bay Buccaneers against the spread. The opening line versus the Kansas City Chiefs in Super Bowl LV was Tampa +3.5 (meaning they were "getting" 3.5 points as the underdog), and then the first move was down to +3. As I discuss...
04Feb1:21 pmEST
Shoveling Out from the Selloff
For the time being, which could last as shortly as this afternoon or possibly into next week, Nasdaq bulls have been able to stem the tide of selling thanks to AMZN and the SNAP squeeze. In addition, small caps are stabilizing a bit too alongside software, ARKK, and bios. Interestingly, the market has been able to shrug off the strong jobs...
03Feb4:20 pmEST
Stock Market Recap 02/03/22 {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...
03Feb10:57 amEST
An Important Message Lurking in the Shadows
Between the FB earnings calamity, not to mention SPOT, plus a broad market gap lower on the back of hawkish comments out of the ECB it can be rather easy to overlook the move higher in rates this morning. After all, I am sure most equities-driven traders probably just assumed that Treasuries would receive a safe haven bid into the teeth of a...
02Feb3:28 pmEST
Oil: Where's the Tip-Tip-Tippin' Point?
WTI crude oil currently has an $88/barrel handle as I write this, begging the age-old question of where the precise tipping point is where high oil prices began to have noticeable deleterious effects on the economy to the point were the market simply cannot ignore it. When we saw the oil spike back in Q2 2008, I remember being at an airport in...
02Feb11:36 amEST
Bounces Rolled Up and Smashed
By my work, every single component of the ARKK ETF is in the red as I write this. While that may seem as though I am picking on Ms. Wood, quite the contrary--As recently as yesterday, I was playing one of her beloved holdings on the long side for a quick bounce: DKNG. However, as we noted with Members, the DKNG play was a quick date only, not...
01Feb2:48 pmEST
Another Beijing Bears' Ceasefire?
Just a quick afternoon note that the 2008 Olympics were also held in Beijing, China. Those were the summer games, of course, in August (from the 8th to the 24th, to be precise). And coming up this Friday we have the winter games in the prominent, sprawling Chinese city, from the 4th through the 20th. One point to recall is that despite how...
01Feb11:06 amEST
Exxon, Risk On!
Exxon earnings this morning look to have lit a fuse (a much less damaging one than the Standard Oil fire in 1900 in my original hometown of Bayonne, New Jersey, pictured above) under the entire oil sector, with big XOM up more than 6% as I write this. For a while now, we have focused our long watchlist ideas with Members on energy and some...