MarketChess
Showing articles 641 - 650 (6616 total)
12Oct12:30 pmEST
Value Investing Most Certainly IS Coming Back
About fifteen years ago I was walking through the Rio All-Suite Hotel & Casino in Las Vegas to play the juicy cash games during the World Series of Poker. David Einhorn, the famous hedge fund manager and avid poker player, was there for the WSOP action. I walked by one of the open air restaurants in the Rio corridor and saw Einhorn with his...
11Oct10:01 amEST
Controlled Demolition, Man
As easy as it is to overanalyze this market, what with all the headlines, macro news, theories, etc., objectively when we get down to brass tacks we are dealing with a bearish trend which is dripping lower seemingly on a daily basis in a rather controlled, "demolition" type of manner. That type of action is often found in the middle stages of...
10Oct10:11 amEST
When Chaos Returns, the Simple Things Become Valuable
Many of the same folks right now who are saying that Jay Powell and the current Fed simply must stop raising rates, lest the system break, were also saying, back in 2008, that the entire banking system needed to be bailed out lest the world would end. What they did not tell you was that, back in 2008, there were many regional banks who did not...
09Oct9:41 amEST
Weekend Overview and Analysis 10/09/22 {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...
07Oct12:35 pmEST
Not Fighting the Last War
In the following video we examine the relative and absolute strength in the oil patch both today and of late.
06Oct5:41 pmEST
Stock Market Recap 10/06/22 {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...
06Oct10:17 amEST
Not Funny, Haha: Funny, Bullish!
Last February I made the bullish case here for Lamb Weston, which produces frozen potatoes you find in supermarkets. With LW right near multi-year highs this morning, the long-term quarterly chart, below, indicates one of the better actors in the consumer staples complex at a time when consumers continue to battle both inflation and a...
05Oct3:32 pmEST
Coal Miner's Revenge
In a brutal bout of timing and bad luck, solars and many ESG types of stocks are taking it on the chin today despite the OPEC news/oil pump. Typically, you wold expect the likes of ENPH RUN, etc. to celebrate the oil news since, after all, the higher oil goes the more pressing the matter becomes for alternative sources of energy. But with famed...
05Oct11:07 amEST
Waterfall Context
This morning's giveback in equities may very well seem like the familiar "waterfalls" we have seen this year immediately in the wake of sharp rallies, whereby we give back recent spirited gains, and then some. However, as seasonality turns bullish for a bit we want to be a bit more open-minded this time around. In addition, as you can see for...
04Oct3:23 pmEST
Be Careful What You Wish For
It is not so much that the market rallied hard yesterday and today after last week's drama and a weekend full of Credit Suisse fears so much as it is the promise and allure of the future being more friendly to bulls. Specifically, mounting pressure on The Fed to back off an intensely hawkish hiking regiment coupled with sharp language about...