Another Plot Twist!

23Sep10:43 amEST

Four End of Year Buyout Targets

With the fourth quarter of 2021 suddenly a little over a week away, here are four stocks which I believe have a good chance of getting bought out if we see a wave of M&A into the holidays. I have been expecting M&A for a while now, but like most things in this bull run it seems to march to its own drummer. Be that as it may, the following four...

22Sep4:32 pmEST

Stock Market Recap 09/22/21 {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...

22Sep11:01 amEST

Promises Were Made; Promises Will Be Kept

While far from an exact promise, to be fair, we know The Fed has almost assuredly put out enough feelers, trial balloons via The Wall Street Journal and other sources, and fair warnings to markets in general of an announcement later today for a taper in 2021 for it to actually happen at 2pm EST today. As we speak, equities are bouncing off the...

21Sep3:45 pmEST

The Cheapest Calorie During Runaway Inflation

(Angry Protein Cat courtesy of @TedNaiman) After catching a Morgan Stanley upgrade this morning, one of our Members astutely flagged Hostess Brands as an intriguing long idea, as MS slapped a $20 upside price target on it. Featuring iconic brands such as Twinkies, Ding Dongs, and HoHos, among many, many, others, it may not be a particularly...

21Sep10:58 amEST

Boeing Has Achieved Maximum Flying Altitude

Several names which became synonymous with the epic bull run off the March 2020 lows are now displaying notable signs of fatigue, with little in the way of acknowledgment from market players and pundits alike. First and foremost, some of the (in)famous meme stocks like AMC GME are both acting sluggishly, soft in both red and green tapes of...

20Sep4:31 pmEST

Stock Market Recap 09/20/21 {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...

20Sep3:09 pmEST

No One is Coming to Save You

China may very well wind up bailing out Evergrande in some way, shape, or form (the offshore players could get the wrong end of the stick, so to speak, for example), but it may be from much lower price levels from here in markets. I am fully aware that The Fed since, basically, the Greenspan era has spawned a generation of market players who...

20Sep10:12 amEST

In the Evergrande Scheme of Things

With tons of off-the-cuff Evergrande analysis out there for you to enjoy right about now, the last thing you need from me is another China macro tourist opinion. On that note, I find it fascinating that so few people are even mentioning (even if to then quickly dismiss) the potentially massive head and shoulders top on the small cap-dominated...

19Sep10:10 amEST

Special Edition: Full-Length Weekend Strategy Session 09/19/21 {Video}

For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of...

17Sep12:19 pmEST

Another Plot Twist!

It may just be attributable to an OPEX Friday, but the twists and tuns we have seen of late in this market, especially the large cap tech names in the QQQ ETF (updated hourly chart, below) have truly been something to behold as we head towards the FOMC next week. With QQQ suddenly threatening to breach the lower end of a new established range...