Do Not Mistake Inflation's Kindness for Weakness

21Nov3:10 pmEST

Putting Out Fires

Saudi Arabia came out and denied the earlier reports of an OPEC supply boost, and now we have crude rallying back to flat on the session after a massive gap down this morning. As we noted on Twitter, the USO ETF (for crude oil itself) had gapped entirely below its lower daily chart Bollinger Band, a rare circumstance indeed which is indicative...

21Nov10:36 amEST

More Drama

News of the Saudis eyeing a surprise production increase in oil is seeing crude dump out again and can probably explain the recent weakness before the news dropped, too. All of this is happening as we still wait for China to fully re-open. As a result, oil stocks in the OIH XLE XOP ETFs are mostly taking it on the chin to kick off the...

20Nov10:07 amEST

Weekend Overview and Analysis 11/20/22 {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...

18Nov11:40 amEST

The Most Important Bear Market Concept 11/18/22 {Video}

In the following video we look at the significance of understanding how correlations operate during bear versus bull markets. Enjoy the video, and enjoy your weekend!

17Nov4:43 pmEST

Stock Market Recap 11/17/22 {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...

17Nov10:58 amEST

Dances with Bullard

Federal Reserve Bank of St. Louis President James Bullard, not one shy to make headlines, was out and about this morning spouting some rather hawkish monetary rhetoric . The U.S. Dollar caught a solid bid off the news, and we can see the continued inverse correlation between the Dollar and most stocks/most commodities as the latter are...

16Nov4:21 pmEST

Stock Market Recap 11/16/22 {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...

16Nov10:41 amEST

The Plot Thickens for Precious Metals and Miners

After an explosive rally which seemed to either take many off-guard or continued along with apathy for those who swore off the sector (or never cared to begin with) the precious miners have leveled off the last few days even as silver and gold metals themselves ignore price dips. Still, the instructive point to note is that in the past when...

15Nov4:22 pmEST

Stock Market Recap 11/15/22 {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...

15Nov11:13 amEST

Do Not Mistake Inflation's Kindness for Weakness

One of the most surefire ways in life to discern someone's character, or lack thereof, is how quickly they are to mistake someone's kindness as weakness, be it in friendship, romance, or business. As far as "tells" go, that one is as reliable as it gets and should thus be information used wisely. In the case of the current market and economic...