The Bonfire of the Federal Reserve's Vanities

19May8:17 pmEST

Weekend Overview and Analysis 05/20/18 {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...

19May7:58 pmEST

Saturday Night at Market Chess Cinemas

I was working for a firm in Milan, Italy, in the summer of 2004. During my time there, I recall plenty of experiences and people, including an Italian office mate who would sing Bruce Springsteen songs in broken English all day because me being American reminded him of Bruce. However, another memory was going on a date with a young Italian...

18May8:59 amEST

Morning Prep 05/18/18 {Video}

The following video is an example of the types of Morning Prep Videos I present to Members of the Market Chess Subscription Services on a daily basis. Please click here for more details about joining to access these videos regularly, as well as plenty of other features.

17May12:55 pmEST

Sex Appeal Comes Naturally for This Brazilian Play

It does not take much convincing for most to become intrigued by PagSeguro Digital Ltd., which is Brazil's online or mobile payment-based e-commerce service for commercial operations. Indeed, virtually any "payments" play is hot enough to merit our attention, beyond the likes of Square. As an example, an overlooked play we have stressed for...

17May10:41 amEST

Playing a Little Red Store By the Little Red Book

China earnings plays this morning are a push, with BZUN up nicely but NTES getting crushed. We know BABA and BIDU have been rather impressive lately, while SINA WB have slumped. One play which seems to be overlooked these days is yum China, the China spinoff of YUM, home to fast food iconic brands like KFC, Taco Bell, even Pizza Hut. YUMC is...

16May5:22 pmEST

Stock Market Recap 05/16/18 {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...

16May2:25 pmEST

You're Not as Bullish on Chotchkie's as You Should Be

If you look at some of the moves in restaurants which have been either dead money or obliterated (or both, first getting crushed and then flatlining for years), you may be astounded to see the likes of Noodles (NDLS) up from $5.30 on January 2nd to a current price of $9.62. Other names like CMG CHUY EAT SHAK WING have made impressive moves,...

16May11:10 amEST

Adjusting to a Slower Pace

The broad market appears to continue its attempt to catch its breath after the last few weeks of wild swings and reversals. Also note that we have some major global and Fed-related headlines and events mostly in the rear-view mirror now (although the political headlines are rather fluid and will of course persist), as well as the fact that we...

15May7:25 pmEST

Stock Market Recap 05/15/18 {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...

15May12:43 pmEST

The Bonfire of the Federal Reserve's Vanities

As bond prices naturally move inversely to yields, the $117 level on the TLT (ETF for Treasuries, updated below on the weekly timeframe) coincides with 3% rates on the 10-Year Note. You will observe that the $117 level is as well-defined as can be. And bond bulls had better make the ultimate stick save here to stave of another spike in rates. ...