MarketChess
Showing articles 1771 - 1780 (6618 total)
14May11:17 amEST
The Scene of Many a Controversy
If you know your Wall Street history then you know that there have been many controversies over time with respect to various speculators attempting to "corner the market" in the precious metal with industrial utility, otherwise known as silver. But we can go through history lessons such as "Silver Thursday," another time. Ironically, though, on...
13May3:49 pmEST
Gold Distinctions 05/13/20 {Video}
In the following video, we analyze some distinctions in gold between the selloff in equities now versus early-March. Is the market looking ahead to more Fed/government ignited inflation? I hope you find the video instructive.
13May11:08 amEST
Jerome, How Could You?
Fed Chair Jerome "Jay" Powell warned of a sustained, deep recession this morning, and explicitly said, "Almost 40% of those in households making less than $40,000 a year lost a job in March." This sort of dour outlook from the Fed Chair seems at odds with the manner in which The Fed has tried to whisper sweet nothings and offer romantic...
12May4:27 pmEST
Stock Market Recap 05/12/20 {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...
12May11:33 amEST
Don't Discount Summer Seasonality
There is enough nuance to seasonality data these days for any of us to cherry-pick a given chart to support a predetermined thesis, especially considering this is a general election year for a President seeking a second term in office amid a once-in-a-century type of pandemic. One of the most ubiquitous Wall Street axioms, for example, is "Sell...
11May3:31 pmEST
Bread and Circuses...and Biotech
“Give them bread and circuses and they will never revolt.” — Ancient Roman poet, Juvenal The various entertainment in, say, the Roman Colosseum, was seen as the "bread and circuses" to keep the population of Rome rather happy and docile, staving off revolt during tough times. In the current market and economic landscape, perhaps The Fed is...
11May11:45 amEST
Pricing in the Unpriceable
If we had had social media back in 1929-1932, it would have been fascinating to see how the post-October 1929 crash price action and policy decisions would have been met. Not long after the crash, history seems to overlook that both The Fed and President Herbert Hoover took considerable action to try to stem the tide of unemployment as well as...
10May11:37 amEST
Weekend Overview and Analysis 05/10/20 {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...
09May6:18 pmEST
Saturday Night at Market Chess Cinemas
Happy Mother's Day weekend. In light of the special day tomorrow, here is a relevant and worthwhile film. As you might imagine, I am leaning towards the classic cinema of Hollywood yesteryear, with a heavy dose of film noir to keep things interesting. Mildred Pierce (1945) fits the bill, with Joan Crawford winning the Oscar for Best...
08May2:03 pmEST
The New Era of Retail
By now, we are well aware that Amazon is, in many respects, king of the castle in terms of new-world retail purchases and their entire ecosystem. But there is always COST and WMT, with names like BJ not far behind. Grocers like IMKTA KR SFM WMK are coming into their own, too. And there a notch down are the dollar stores like DG and DLTR, with...