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Showing articles 21 - 30 (5812 total)

03May3:47 pmEST

One Word Best Describes This Market

Quite a few folks, even long-time bears, seem hell-bent on declaring that a sustained relief rally is imminent after the FOMC tomorrow. While there are some rumblings that The Fed may actually tighten more than the fifty basis points the market expects tomorrow, that is all conjecture at this point (at least for someone like me with no insider...

03May10:50 amEST

Feel Like a Curmudgeon

One area over the years I have learned where it is crucial to distinguish what sort of overall market regime you are in is when it comes to oversold potential rallies.  In bull markets, especially those where The Fed is launching bazookas full of QE and other assorted monetary goodies for markets, aggressively calling bottoms to oversold...

02May2:15 pmEST

Here's the Punch Line

Stocks are slipping a bit further down this afternoon after a session full of whacky swings up until this point, as we await the FOMC later this week.  Despite the giveback in equities, however, and in support of my morning blog post where I argued The Fed is likely continue down its fast-hike cycle in a hawkish manner, here's the punch line:...

02May9:55 amEST

The Exit Door for Treasuries is Growing Smaller By the Day

Amid swirling daily headlines regarding world wars, economic growth issues, politics, Buffett and Munger, social issues, and tons of other news, it can be easy to forget that the bond market is still flashing signs of a major regime change underway.  On the updated multi-decade chart for TNX, which represents rates (inverse the Treasury prices,...

01May10:08 amEST

Weekend Overview and Analysis 05/01/22 {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...

29Apr10:57 amEST

Bull Markets Climb a Wall of Worry; Bear Markets Slide Down a Slope of Hope

To quickly recap the action among Dow Jones Industrial Average components this week, MSFT and V both rallied after earnings. CAT is in an uptrend and bouncing off its 200-day moving average, green here. And AAPL is holding above $160 as we speak despite multiple bear raids to break it.  Despite all of that, the Dow itself, below on the DIA ETF...

28Apr10:05 amEST

Wowee! Zuck is the Best!

You will pardon my sarcasm as I am wholly unimpressed with "Meta" (rebranded from Facebook, which historically is a classic sign of a mature brand and usually near major cycle peaks for former market leaders) rallying off earnings last evening. We are talking about a stock which has been more than cut in half since last September. And now we...

27Apr4:19 pmEST

Stock Market Recap 04/27/22 {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...

27Apr10:55 amEST

Stiff Resistance Requires a Stiff Drink

Despite some positive earnings reactions from CMG MSFT V, the market has struggled to build on opening gains. In fact, we flipped red earlier, although look to be back in the green on the indices as I write this.  Still, the QQQ ETF for the Nasdaq's top 100 stocks, below on the updated daily chart, shows the $322 actually acting as stiff...

26Apr2:55 pmEST

Testing the New World

While Alphabet (GOOGL) and Microsoft (MSFT) are, easily, the largest and most visible firms reporting earnings tonight after the bell, I would argue that Chipotle Mexican Grill, Inc., (CMG) and Visa (V), respectively on their weekly charts, below, may very well offer better insight into the current debate playing out between bulls and bears as...

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