MarketChess
Showing articles 741 - 750 (6634 total)
01Aug10:42 amEST
You Come to Market Chess to Get Away from Petty Drama
We are clearly at a crossroads with this market. Early-August seasonality is actually a bit better than most expect. However, as the month rolls on the mood tends to shift to a more volatile one as autumn lingers. Thus, even with this morning's softness bulls may have a week or two to make their case (as quite a few seem to be making) that a...
31Jul10:35 amEST
Weekend Overview and Analysis 07/31/22 {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...
29Jul10:44 amEST
Powell Can't Win Unless He Becomes the Villain
The aesthetics look great. At each and seemingly every FOMC press conference in recent memory, Fed Chair Jay Powell walks to the podium and delivers remarks followed by Q&A chock-full of Fed-speak--Toeing the line and striking the perfect balance between acknowledging the problems that the economy faces while also whispering enough...
28Jul2:32 pmEST
What Would Mr. Miyagi Would Do in This Market?
He would probably take a vacation to Okinawa until after Labor Day. But above all else, unless you are cocksure (which some seem to be) that we are in a new bull market, the presumption of an ongoing bear market actually renders the current rally increasingly dangerous. Specifically, as the VIX dives lower and hedges get burned into the...
28Jul10:21 amEST
It's Easier Being Green Now
Although solar stocks jumped Thursday after Senate Majority Leader Chuck Schumer and Senator Joe Manchin said they’ve reached a deal (which earmarks a record $369 billion for climate and clean energy ) on climate spending, we ought not overlook other alternatives like wind. BEP is one such idea, with earnings on August 5th, below on the...
27Jul4:40 pmEST
Stock Market Recap 07/27/22 {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...
27Jul12:00 pmEST
More Pain Needed Before A Fed Pivot
I must stay that it seems a bit odd to find myself in the position of sticking up for Jay Powell's intestinal fortitude, given his penchant over the years as Fed Chair for acquiescing to markets just when it looked like he was sticking to his guns of (relatively) hard monetary policy. However, the plethora of calls I continue to see for an...
26Jul3:26 pmEST
The Eternal Bear Market Debate
Is it a base bottom after a large prior decline in price, or is it merely another consolidation in an ongoing bear market before the next brutal move lower ? One can, essentially, boil many charts down to that issue throughout the course of a bear market, as we are in with the major indices operating below declining 200-day simple moving...
26Jul10:20 amEST
Carnival is the Walmart of Cruise Lines
You will pardon me for hijacking the title of this blog post from a 2019 article I came across . From a stock market perspective, and especially in light of the WMT earnings selloff, I find the comparison fascinating as Walmart made a point on the call that many more consumers are doing their grocery shopping at the giant store, presumably...
25Jul3:30 pmEST
You're Either Natty or You're Not
The highlight of today's otherwise slow-as-summer-doldrums session today figures to be the impressive moves across the energy complex. We have been consistent in tracking the potential of the group. And now comes the stiff test as to whether energy bulls can fight through a loaded coming week of earnings the FOMC, other macro data points like...