Deep Value in the Far East

09Nov10:38 amEST

We're On to the CPI

A lack of a decisive GOP "red wave" in the midterm elections look to have thrown some cold water on the market's recent rally, although this morning is not exactly a bloodbath, either. Still, the next main market event is coming up tomorrow morning and is arguably far more important in the near-term: The latest CPI (consumer price index) print...

08Nov4:48 pmEST

Stock Market Recap 11/08/22 {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...

08Nov10:32 amEST

The O'Chess Factor

You do not need me to discuss politics. And it is something I have little interest in doing, quite frankly. That said, one cannot ignore reality--We have the midterm elections today. And with a Biden White House alongside quite a few highly powerful, visible Democrat players in Congress (Pelosi, Schumer, just to name a few), the issue is...

07Nov11:47 amEST

It's Not Some Big "Whodunnit"

Rates are higher again, CVNA is completely imploding on the back Friday's pummeling, and shares of TSLA are sliding by more than 4%. All of this as we head towards the midterm elections tomorrow and the CPI print on Thursday. And, yet, the market is green as various commodity stocks are attempting attractive breakouts. So, what gives? For...

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...