MarketChess
Showing articles 1551 - 1560 (6611 total)
14Oct11:07 amEST
Firing Back with a Purpose
This morning seems like a good time to reiterate that oil stocks continue to be very much out of favor on The Street, and likely will continue to be for the foreseeable future regardless of what actually happens in the coming General Election. Simply put, the AAPL AMZN NIO types of names will continue to capture the hearts and minds of most...
13Oct4:29 pmEST
Stock Market Recap 10/13/20 {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...
13Oct10:35 amEST
Gamers and Their Dorky GameStop Schadenfreude
I am well aware that many a gamer still harbors ill will towards GameStop (GME) for various transgressions over the years, namely low-balling customers during their bartering process. However, if those gamer nerds grew some bear claws as they became older and lusted after short-selling GME into the ground as a new era Blockbuster video they...
12Oct3:25 pmEST
Kafkaesque Rally
Definition of Kafkaesque : of, relating to, or suggestive of Franz Kafka or his writings especially : having a nightmarishly complex, bizarre, or illogical quality Merriam-Webster could easily use Kafkaesque in a sentence to describe the current market rally, with trillion dollar market cap firms like AAPL AMZN exploding higher while a...
12Oct10:46 amEST
This Bull Market is an Idea, Not an Organization
The current market has become so bullish that the mere idea of an upcoming event, be it an AMZN Prime Day, AAPL Day, a potential Stimulus Deal still in limbo, an Election, etc. are all viewed through the lens as advancing the bull thesis for higher prices. When it comes to high-flying tech, at least, this tape is kind of like the mirror...
11Oct10:31 amEST
Weekend Overview and Analysis 10/11/20 {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...
09Oct12:03 pmEST
Buy the Rumor, Buy the News; Buy All the Pies There's No Surprise
A particularly optimistic rally this week (although some would argue it is merely "chasing" longs higher) is all the more impressive when we consider the expected-but-still-in-limbo passage of an imminent Stimulus Deal and/or lower odds of a contested election in a few weeks, not to mention a looming new earnings season next week amid a second...
08Oct2:03 pmEST
One for the Crypto Bros
While I remain more bullish on gold, silver, and the precious miners, not to mention non-precious base miners and now deep value oil stocks over the long run if we are indeed headed into a new inflationary regime, it is hard not to notice Bitcoin's and the several crypto-related stocks moving sharply higher today. I would be remiss not to...
08Oct10:57 amEST
Avoid Political Sheep-Think
Let us suppose, for argument's sake, that the current polls are mostly accurate the time around and that we are, in fact, looking at a "Blue Wave" on Election night, with Democrats taking the White House by a sound margin as well as most of the Congressional seats up for grabs. If that materializes, from a stock market point of view the most...
07Oct3:56 pmEST
Is That Jinko or Jenga?
It takes some serious onions to consider shorting individual solar stocks here in size, what with their relentless upside momentum likely in anticipation of a "Blue Wave" come Election night which eventually leads to a version of a Green New Deal. We can debate politics from now until kingdom come, but that is what the solar space seems to be...