MarketChess
Showing articles 551 - 560 (6616 total)
04Jan3:40 pmEST
Powell Hunkers Down for Winter
Stocks are mostly meandering into the final hour of trading today, as bulls try to hold green from earlier. Although the Dow just flipped back red as I write this, plenty of stocks are struggling to stay afloat. The Fed Minutes released earlier this afternoon certainly added some pizazz to what was an already-wide range session. Of course, we...
04Jan11:08 amEST
Reddit in Reverse! Wheels in Motion
It may seem too easy to dismiss the WallStreetBets Reddit Group as being a bunch of whippersnappers who caught lightning in a bottle about two years ago with the various meme stock squeezes in GME and AMC, especially. However, I would urge you to take a few moments to read through a popular recent post on the forum here , where a kind of...
03Jan2:38 pmEST
Real Talk for the New Year
While from far perfect, we hit some major issues correctly in 2022. That said, I find it rather uncouth to constantly harp on one's good calls, especially when anyone with half a brain knows that speculation is a fine mess full of constant blunders--The key is to mitigate the risk and take professional measures to refocus. In addition, I would...
03Jan9:57 amEST
No Need to Make a Production Out of It!
The "New Year, New Me!" mantra seemed to have hit Wall Street this morning, with bulls celebrating a gap up in the futures and at the opening bell. While we are still technically in the "Santa Rally" holiday period, as it typically takes up to a week most years to get everyone back at their desks off the break, I remain vigilant to respect the...
30Dec12:32 pmEST
Another Year in the Books; Be Proud
While those chock full of insecurities, hubris, and cheap braggadocio will constantly try to remind you that they are always winning big, the reality is that the seasoned speculator understands and respects just how challenging it can be to merely survive year-in, year-out in this business. Believe me when I tell you that I have some seem of...
29Dec11:27 amEST
There's Always Hope
As we wind down the final two sessions of 2022, bulls are finding some reason for hope in what has otherwise been a dreadful December. Stocks are squeezing on typical low volume for this holiday week, with the lowly oversold Nasdaq up about 2.4% as I write this. The rally may have some legs into the long New Year's weekend, especially...
27Dec1:20 pmEST
An Ominous Sign for Winter
Stock bulls may be learning the timeless lesson insofar as being careful what they wish for. On the back of China announcing various reopening measures the main reaction has come with another spike higher in rates despite stock index futures popping last evening off the long holiday weekend. True, the Dow is higher as I write this, but growth...
23Dec10:29 amEST
Inflation's Flame is Receding, But Not How You Think
REMINDER: Market Chess Subscription Services prices are going up after New Year's Eve . However, if you join before the calendar flips to 2023 you will be grandfathered in to current, low prices. PLEASE CLICK HERE to join now before the price hike. ___________________________ After this morning's PCE data points, which is The...
22Dec11:09 amEST
A Slow Developing Bear But Dangerous Nonetheless
Some bear markets, like 2008, feature an angry, rabid bear prowling the campgrounds for food and ravaging anyone and anything in its way, even some things and people not in its way. Other bears, like 2000-2002, the 1970s, and perhaps this bear, are more slowly developing, with a cute little baby bear at first stealing some Peppermint Pattys...
21Dec11:12 amEST
Looking Sideways at Santa Claus
Bulls are feeling their oats this morning as they believe they are correctly front-running the iconic "Santa Rally" on Wall Street, which technically begins in duration next Monday and spills over into the first two trading days of 2023. Nike and FDX both rallying sharply after earnings looks to be helping their cause, as is the S&P 500 Index...
FOLLOW chessNwine
MARKET CHESS SUBSCRIPTION SERVICES
Full-Length Video Recaps & Strategy Sessions
Private Twitter Feed Access
Custom Videos Tailored to You
chessNwine HAS BEEN SEEN ON
Top Pages
About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
