Showing articles 61 - 70 (6201 total)

16Mar10:53 amEST

We Didn't Go to Stock Market Hell

...we went to Purgatory, my friend!  Depending on your positioning, timeframe, bias, and temperament, it may very well seem like this stock market has gone to Dante's Hell.  However, the reality is that an objective look at the major averages mostly suggests Purgatory for now--The Dow, S&P, and small caps are all below their 200-day moving...

15Mar9:38 amEST

The Medium is the Message

The prophetic Canadian philosopher Marshall McLuhan's famous phrase, “The medium is the message,” suggests that the medium through which we choose to communicate holds as much, if not more, value than the message itself.  Considering McLuhan died the same year as I was born (1980), he was way ahead of his time with his foresight about the world...

14Mar12:14 pmEST

Stocks Up, Rates Up, Playing Rough

The action is pretty self-explanatory today, even though it may not make much sense as inflation stays high and The Fed probably will still have to hike next week.  Stocks are much higher but so are rates, which is a divergence. And on the S&P 500 Index daily timeframe, updated below, we could easily be seeing a standard retracement to the...

13Mar2:30 pmEST

Danger, Curves Ahead

If you think the volatility we have seen of late has been a lot, I suspect you will need to brace yourself for even more intense turbulence going forward. As an example, we some have seasoned market pros expecting an imminent Fed rate CUT, while others are still in the camp The Fed should keep on hiking by 25 bps if not 50.  Mind you, this is...

13Mar10:31 amEST

Sleeping By the Bear

Despite the KRE (regional bank sector ETF) down another whopping 16% this morning on the back of SBNY SIVB getting wiped out and a whole host of other regionals getting walloped, bulls are piling into AAPL and Treasuries (as well as some crypto) with the hopes of riding this out as being a banking issue contained to the regionals.  While that...

12Mar10:21 amEST

Weekend Overview and Analysis 03/12/23 {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...

10Mar10:24 amEST

Contagion Your Enthusiasm

After another 60% plunge pre-market, SIVB being halted with news pending is understandably spooking regional banks this morning. The KRE, ETF for the regional banks, below on the monthly timeframe to illustrate the bearish head and shoulders top forming before all this went down, is down hard with SIVB, as other banks like FRC PACW SBNY WAL may...

09Mar3:33 pmEST

...Until Something Breaks

The Fed can keep trying for a soft landing, and markets can keep rallying, "until something breaks," has been the rallying cry (literally) for bulls for a good while now. But with the SIVB crash today and banks overall leading lower, as well as the small caps in the IWM, the issue is relevant as to whether now something has, in fact, been...

09Mar10:17 amEST

Make an Example Out of Them

SVB Financial Group, below on the monthly chart, is getting walloped by more than 35% this morning after it launched a $1.75 billion share offering to try to salvage its balance sheet. The lender has many startups struggling from venture capital funding.  Even though the broad market is staging a post-jobless claims bounce (it is fading...

08Mar11:53 amEST

More Cross-Currents Than the Port of Shanghai

Stocks are decidedly undecided through midday, as Powell's testimony today has a much more "data dependent" feel to it when he was specifically pressed on what The Fed would at the upcoming March FOMC. However, The Fed's mouthpiece, Nick Timiraos, did tweet out that barring cold data coming in The Fed could easily raise 50 bps later this month....

   3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11   

This website is intended for educational purposes only. | © 2023 | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site