Monthly Archives: November 2022
Showing articles 31 - 36 (36 total)
04Nov10:15 amEST
The Last Good Shakeout 11/04/22 {Video}
In the following video we look at the explosive rally in commodities despite what looked to be a hawkish jobs report this morning. Enjoy the video, and enjoy your weekend!
03Nov10:31 amEST
A Salty Dollar
If we were block out all of the Powell talk, theories, guesstimates, and whatnot, simply put the U.S. Dollar's resurgence since around 2:40pm EST yesterday (seen below on the UUP ETF daily chart) can explain most of the weakness in equities. Sure, FTNT and ROKU are getting hammered after earnings. But, then again, COP is a stud in energy, as...
02Nov4:45 pmEST
Stock Market Recap 11/02/22 {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...
02Nov11:04 amEST
The End of the Day
Here we are, again. Another major FOMC which does indeed have serious implications for most asset classes over various timeframes. While it certainly has a chic, "too cool for school" vibe to dismiss these Fed meetings as being overhyped, the realty is that since at least the 2008 global financial crisis they are indeed highly significant and...
01Nov3:48 pmEST
Deep Value in the Far East
With a staggering PE ratio of 2, South Korean steel maker POSCO, below on the quarterly chart, is back down to important price levels dating back to late-last century. Perhaps of most significance in the here and now, the legitimate prospect of a China re-opening (it has to come at some point fairly soon, one would think) is also spurring base...
01Nov11:38 amEST
Deciding Who Lives and Dies
While nothing is immune in a bear market, especially if and when we see the next leg down, it is worth noting which stocks in given sectors the market hints at as being winners versus losers for the eventual turn into a new bull regime. In the case of solar, tons of debate surrounds ESG. However, there is little argument now that ENPH and...