MarketChess
Showing articles 981 - 990 (6616 total)
05Jan10:32 amEST
Here Comes Steel
One by one, almost every sector related to the industrial, materials, and energy complex is beginning to wake up and participate in an inflation trade. This morning, we have uranium and steels among the very best performers. Steels, housed in part in the XME ETF but also in their own sector dedicated SLX ETF, the latter below on the weekly...
04Jan2:56 pmEST
How Can You Call a Top to Oil When Exxon is About to Break Out?
Energy giant Exxon Mobil was officially kicked out of the Dow Jones Industrial Average on August 31st, 2020. Since that time, the stock has appreciated from about $40 per share to spot at $66.08 as I write this, amid the various cries that energy stocks were simply uninvestable and essentially left for dead on the side of the road. Currently,...
04Jan9:18 amEST
The Biggest Pushback I am Getting
Occasionally, I offer opinions and macro views both here and on Twitter, alongside the private feed for Members. Recently, on my main Twitter account (@chessNwine) by far the biggest pushback I am getting from folks is in regards to both the possibility of higher oil/gas prices and higher rates this year. Clearly, I am in the camp that we...
02Jan11:10 amEST
Verified Testimonials About Market Chess Subscription Services
With the new year underway, this is a great time to get your trading mindset in the right place. There is no better place to do that than inside Market Chess Subscription Services, where we pride ourselves on delivering value to the Members with actionable ideas, timely (and apolitical) market commentary, a focused atmosphere, and disciplined...
31Dec11:59 amEST
The Fed is About to Leave All That Junk Inside Your Trunk {Video}
Have a happy, safe, and healthy New Year!
30Dec10:49 amEST
One Bounce; Everyone Knows the Rules
With tax loss season pretty much having run its course at this point, coupled with the general underperformance of growth stocks, one would think that the likes of DKNG PENN, especially, would finally enjoy a respite. Mind you, I am not looking for a major bottom at all. In fact, my thesis for 2022 and beyond remains intact--Growth stocks are...
29Dec11:42 amEST
The Single Most Important Chart for 2022
Here it is. The big showdown setting up for 2022 after well over a decade of the likes of Rick Santelli (and bond market vigilantes/hawks) being routinely ridiculed by newcomer investors and some of the middle aged investors who pretty much only knew a Greenspan (or "Easy Al") Federal Reserve regime since the 1990s. But with The Fed in the...
28Dec4:19 pmEST
Stock Market Recap 12/28/21 {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...
28Dec10:47 amEST
No Time for Tests...Or is It?
As we play out the string of 2021 this week, you can be sure that more than a few major market players are off somewhere not thinking about markets at all. Indeed, gauging the volume on the latest rally, we are seeing rather classic holiday action with retail sticking around to play with some bounces. Of course, the real issue for us is what...
27Dec11:35 amEST
Suckin Back on Grandpa's Old Cough Medicine?
Since it appears most folks want actual virus testing in lieu of a home remedy like grandpa's old cough medicine , especially with a plethora of airline flights getting cancelled over Christmas weekend among the Omicron outbreak, the virus testing stocks seem to be benefiting immensely. The difference between now and the March 2020 move in...