Krispy Kreme: Terrible on The PE Diet, and the PE Ratio, But...

29Jul10:46 amEST

I'm Not a Smart Man, But I Know What Stagflation Is

If you caught Judy Shelton's thought-provoking interview on CNBC this morning not long after a disappointing GDP print, then you know she believes that The Fed and Powell's message is increasingly growing muffled. Specifically, the noncommittal Powell mentioned price stability and inflation running hotter than 2% a few times, but also gave...

28Jul4:30 pmEST

Stock Market Recap 07/28/21 {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...

28Jul10:48 amEST

Complacency is High; Discipline is Low

A relief rally in China (FXI ETF) and the various beaten-down issues traded here, be it BABA BIDU JD NTES, even TAL, seems sufficient to hold some hot money traders over into the Fed Meeting later today followed by Facebook earnings tonight. As for last evening's loaded lineup of earnings, it appears the volatility sellers won more than anyone...

27Jul4:44 pmEST

Stock Market Recap 07/27/21 {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...

27Jul10:45 amEST

Mixed Martial Markets

Is China intentionally trying to crash world markets, especially ours? While I have no special information regarding that topic, the ongoing liquidations we are seeing in Asia, especially the FXI ETF (for China) and names like BABA are more than concerning. What makes it all the more precarious is that the U.S. markets continue to laugh off all...

26Jul3:47 pmEST

If I Did It...

Tesla kicks off a loaded week of earnings tonight. And, while I do not have a strong opinion for all of the market leaders this week in the near-term, over the coming quarters I still believe the high PE names will face multiple compression even as their reports likely continue to come in strongly. Simply put, we are very likely close to a...

26Jul11:06 amEST

Bitcoin and Gold: It's Not a Zero-Sum Game

The initially failed breakdown in Bitcoin below $30,000 has led to a multi-day squeeze back above it. As is often pertinent in market, from failed moves in one direction come aggressive moves in the other. And when it comes to crypto, we can expect such a volatile young asset class to respond with the requisite beta. However, even as crypto...

25Jul11:45 amEST

Weekend Overview and Analysis 07/25/21 {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...

23Jul10:49 amEST

Well I Guess There's Only One Thing Left to Do

Another "stick save" off the latest selloff on Monday has bulls increasingly galvanized that equities are not going lower anytime soon. Indeed, the mega cap tech monsters like FB GOOGL, coupled with AAPL MSFT resilience as trillion dollar market cap enterprises, with the SNAP TWTR earning rallies as the cherries on top are clearly at the heart...