MarketChess

22Apr2:38 pmEST

It's Tough to Micromanage Every Market

News of the Trump Administration on the edge of bailing out Spirit Airlines , a low cost carrier with a reputation for shaky customer service and, shall we say, a not-so-friendly atmosphere in the skies, simply reinforces how active a role Trump believes government should play in most aspects of the economy. Capitalism without failure is like...

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21Apr3:00 pmEST

A Teachable Moment Amid the Chaos

Lost in the shuffle of whether or not there will be another round of talks in Pakistan this week is the fact that the heart of earnings season is in the early stages of ramping up into May. Indeed, there are plenty of other headlines to distract us from that fact, be it Kevin Warsh's confirmation hearing on Capitol Hill, as well as the various...

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20Apr3:12 pmEST

From Islamabad to Islamaworse

I have no earthly idea what is going on behind the scenes between the U.S., Israel, Iran, Pakistan, and Lord knows who else may be involved with these "talks" for a potential peace deal. But what I can say for sure is that the nonstop contradictory headlines surpasses even the desperation of 2008, which seems absurd given that the major indices...

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17Apr3:15 pmEST

Afternoon Update 04/17/26 {Video}

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16Apr3:27 pmEST

Get Back in Your Hole!

None other than Henry "Hank" Paulson popped his head seemingly out of nowhere (he runs a Chicago-based think tank these days) to opine that a "vicious" bond market crash is coming . Paulson, as you know, was Treasury Secretary in 2008 during the heart of the Global Financial Crisis. While he has largely been out of the spotlight ever since,...

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15Apr3:32 pmEST

Worth Reiterating; It's Not Just Oil

Amidst one of, if not the, most vertical moves in the Nasdaq on a multi-week basis that I have ever seen or studied we also have widespread mocking of oil bulls. As a point in fact, oil bears and equity bulls have become interchangeable since, at least, the Iran War started as the White House has made a daily (and nightly) point to talk up...

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14Apr3:03 pmEST

Thar Everything Blows!

Yesterday we noted the blow-off nature of the move in Sandisk, a virtual straight line higher for all of April so far and up more than 70% since the late-March lows. Before that, of course, SNDK had been as hot as any stock in the entire market since last summer. alongside the likes of LRCX MRVL MU in the memory segment of AI chips.  And now...

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13Apr3:23 pmEST

Sandisk, Thar She Blows!

In front of Sandisk's upcoming inclusion in the Nasdaq-100 Index on April 20, 2026 (replacing the software play, TEAM), the stock is shooting higher roughly 11% as I write this. On top of the recent surge beginning at the very end of March, you are talking about a stock which has gone from $558.58 to a high today of $946.50 (as of this writing)...

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10Apr2:44 pmEST

Afternoon Update 04/10/26 {Video}

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09Apr2:57 pmEST

Revolution Means a Celestial Object That Comes Full Circle

You might well say that the entire Iran/U.S. relationship has come full cycle since the Jimmy Carter years, as President Carter had on his watch the 1979 Iranian Revolution and the subsequent 444-day hostage crisis. There is no telling, despite the (mostly) optimistic rhetoric from current President Trump, just how long this particular conflict...

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