MarketChess
Showing articles 631 - 640 (6616 total)
23Oct10:02 amEST
Weekend Overview and Analysis 10/23/22 {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...
21Oct10:26 amEST
Enough of the Blues
Long-time readers and Members will recall two years ago, almost to the day, that we discussed the deeply out-of-favor energy stocks in a favorable light. Many folks were completely dismissive of the group at that point since they had belly lagged the explosive rally off the March 2020 lows. And it was widely accepted that fossil fuels were...
20Oct4:38 pmEST
Stock Market Recap 10/20/22 {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...
20Oct11:33 amEST
Holed Up, Down But Not Out
Between the emergency bond buying measures both in England and then overnight in Japan against the backdrop of sticky high inflation, gold seems to have been the odd man out of late. Markets, however, have a history of marching to their own drumbeat. And just because something does not materialize immediately does not mean it will not in due...
19Oct11:38 amEST
Next Stop in Doubt
The NFLX and ISRG earnings rallies today are being countered by continued strength in the U.S. Dollar as well as rates pushing higher yet above 4% on the 10-Year Note. As you would expect, the latter two are pressuring equities and risk-on vibes altogether. That said, oil is marginally higher and, perhaps more significantly, energy stocks are...
18Oct11:02 amEST
The Oil Circus Rolls On
"Don't blame a clown for acting like a clown. Ask yourself why you keep going to the circus." One of the most difficult realities of life to accept--and some never do--is that changing people is a fool's game. You simply must accept full responsibility for choosing to surround yourself with certain people, rather than blaming them for their...
17Oct12:24 pmEST
Emerge or Diverge
On some level the near-term direction of risk assets may very well hinge on what happened last week. As we noted in the usual Weekend Video, typically reserved for Members but opened up to everyone over the weekend (please see prior blog post), the U.S. Dollar did not make a fresh high last week on its UUP ETF (daily chart, below, which is...
16Oct11:40 amEST
Special Edition: Full-Length Weekend Strategy Session 10/16/22 {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...
14Oct11:58 amEST
Mostly a Spectator This Week
This was one of those weeks in the market where I am content to have been mostly in cash as a spectator. I just took off the two positions I did have on coming into today well before they came close to my preset stop-losses as I simply do not like this price action on the back of yesterday's big move. To my eye, we are still in the muck dealing...
13Oct10:38 amEST
Retail Investors Are Still Too Cool for School
ARKK hit a low of $33.74 this morning--Its COVID crash lows were $33.00. And, yet, we have the VIX red and the opening dip in the broad market off a hot CPI print getting bought up. History suggests that we are nowhere close to the sort of widespread fear, panic, then despair necessary for a true bear market bottom. Thus, any bounces should...