Can You Handle Strong Cocoa?

08Mar10:41 amEST

Don't Get Lost with These Directions

Treasuries appear to be in the midst of forming some type of base after diving in early-February as rates spiked higher. Now that many inflation hawks seem to be chirping, it makes sense that Treasuries would stage a bit of a relief rally to keep the latecomer bond bears honest, at least in the interim. As usual, the market will not make the...

07Mar4:35 pmEST

Stock Market Recap 03/07/18 {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...

07Mar1:52 pmEST

Kroger is on the Verge of Being Another One of Bezos' Pendejos

The Kroger Company, founded in Cincinnati, Ohio, by Bernard Kroger in 1883, is seeing shares of its stock plunge today in front of earnings tomorrow morning. Simply put, unless Kroger can shock and awe The Street to the upside, it is looking more and more like KR is a bonafide creative destruction victim at the hands of Amazon/Whole Foods/Jeff...

07Mar10:24 amEST

A Lesson from the Preppies

It may seem a bit surreal that the seemingly-obsolete Abercrombie & Fitch retail brand is on the comeback trail, as their coolness factor seemed to peak sometime in the late-1990s. Nonetheless, like plenty of other retail and consumer brands seemingly left for vultures to encircle, ANF has made a valiant effort to improve its technical...

06Mar3:47 pmEST

Stock Market Recap 03/06/18 {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...

06Mar1:43 pmEST

Y'Know, Artie: I'm Not Gonna Be Able to Lend You Money for Less Than Two Points

With gold and gold miners back in play today amid a solid rally in the precious complex, we could easily be witnessing yet another in a long line of one-off teases which quickly craps out. However, it is worth noting that the GDX, ETF for senior gold miners, is gapping up and away from the $21 level, a prior and significant area of support...

06Mar10:29 amEST

A Sector on Its Best Behavior

Led by the surging Micron and even NVIDIA setting back up again on the long side, the semiconductors continue to be the never-say-die group of stocks which have served as a microcosm for just how resilient equities have been for a good while now. And until we reach that moment when bears finally break the chips, it behooves us to put in the...

05Mar3:47 pmEST

Stock Market Recap 03/05/18 {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...

05Mar3:36 pmEST

Here's Where Under Armour Needs to Feast After Its Famine

After some high level executive changes, Under Armour's stock is trying to take some notable technical strides after its recent better-than (or not-as-bad-as-expected) quarterly earnings report. To be sure, there are plenty of sound retail chart from which to choose, such as LULU, if UAA is out of your wheelhouse. But with Under Armour bears...

05Mar2:04 pmEST

Can You Handle Strong Cocoa?

Perhaps a better question is: Can the economy handle the rising prices now in an assortment of soft commodities? Cocoa and soybeans, in addition, to cotton, are out in front of most softs here. On the NIB ETN for cocoa, below, we can see a decisive base bottom breakout in play. The softs have been notorious teases for years, with no real...