Weekend Overview and Analysis 02/06/22 {Video}

11Feb12:23 pmEST

Winter Games

Small caps, thanks in large part to small cap oils, are green here and trying to offset the notable tech weakness, as the QQQ is down more than 1% as write this. Still, it is tough to see the small caps prevailing given the heavyweights in QQQ like AAPL GOOGL TSLA, etc., which have held up well overall but may finally be ripe to succumb to...

10Feb5:00 pmEST

Stock Market Recap 02/10/22 {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...

10Feb11:07 amEST

Tug of War Galore

ARKK, small caps, and bios are all green this morning in the face of the senior indices red and a general broad market gap down off a hot CPI print earlier. With rates on the 10-Year Note pushing above the 2% threshold as I write this and TLT not bouncing much off session lows, the tug of war is now rather pronounced as bond bears face off...

09Feb3:42 pmEST

Inflation Fried Frozen Potaters

With inflation clearly much higher than whatever is going to be reported tomorrow morning, the joke is on all of us--The consumers. We are paying far more than the 7% or so which economists will diligently seek to talk down as being no big deal, and as being no cause for alarm for the estimable Fed to "overreact." In reality, The Fed is so far...

09Feb11:09 amEST

A Copper, YaSee?!

As materials and miners continue to generally catch a bid amid the commodity rally (broadly speaking), we now have copper and copper miners moving nicely this morning. Recall that off the March 2020 pandemic lows, premier copper miner FCX was an undisputed and actually overlooked leader as it was nearly a ten bagger from March 2020 through...

08Feb4:25 pmEST

Stock Market Recap 02/08/22 {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...

08Feb10:12 amEST

The Mother of All Bear Traps

In the wake of a four decade bear market for rates on the 10-Year Note (and bull market in prices, of course), it is only fitting that the final plunge in rates after The Fed's historical March 2020 intervention would prove to be the mother of all bear traps to usher in a new era of higher rates. On the updated monthly chart, spanning decades...

07Feb3:08 pmEST

Na Zdorovie!

I have no special knowledge about whether or not Russia will launch a full attack on Ukraine anytime soon. However, I do think the Russian soldiers currently being mobilized will have many hours to burn while the Olympics roll on, at a minimum, and many cigarettes are likely to be smoked as the Russian Armed Forces are not quite as, ahem, PC...

07Feb10:57 amEST

Jinx!

Is this it? Could it really be? At the risk of jinxing the constructive price action in the precious metals and mining complex this morning it is worth at least pointing out the group seems galvanized as the U.S. Dollar as come in off recent highs. As we pointed out and are playing on the long side with Members, Newmont Corporation at almost a...

06Feb9:44 amEST

Weekend Overview and Analysis 02/06/22 {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...