Heavy Lifting: But is it Natty?

06Nov10:27 amEST

Weekend Overview and Analysis 11/06/22 {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...

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...

31Oct11:27 amEST

Bear Trap Alerts

As the phrase implies, a "bear trap" in trading is a situation where markets seemingly tempt bears to put on aggressive short positions at precisely the wrong time. A down move which looks like a clear-cut breakdown suddenly reverses on a dime and, effectively, traps in shorts who had been pressing for a fresh move lower. And just this...

30Oct10:47 amEST

Weekend Overview and Analysis 10/30/22 {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...

28Oct11:32 amEST

Heavy Lifting: But is it Natty?

Both Apple and Intel are surging higher after earnings this morning which is, clearly, more than offsetting weakness in shares of AMZN. Beyond that, AAPL and INTC are housed in both the Dow as well as the QQQ ETF, leading a double-whammy of the indices painting much higher. Of course, those two heavyweights are doing a ton of heavy lifting....