MarketChess
Showing articles 721 - 730 (6636 total)
18Aug11:00 amEST
I Wear a Parchment Paper Hat Instead of a Tinfoil One
Years ago a friend of mine enlisted in the National Guard. Not long after he called me up and the first thing out of his mouth was a general statement that anyone who believes in grand conspiracies is nuts--He thought the federal government was barely able to orchestrate a proper picnic. Of course I recognize that stands in stark contrast to...
17Aug3:49 pmEST
An Economic (Not Political) Parting Thought on Student Loans
The Education Department just cancelled about $4 billion in student loans , which applies to about 208,000 borrowers for students who attended the now-defunct ITT Technical Institute. Now, I am not interested in getting into a political debate over the merits and cons of student loan forgiveness. However, from an economic standpoint where,...
17Aug11:16 amEST
Summer 2022: When Looming Risks Were Miscalculated
It is my deep conviction that we will look back on this summer as one where the market was burying its collective head in the sand at the imminent and and longer-term risks facing the world economy. First and foremost the imminent Fed dovish pivot is nonsense. As soft as Powell has been the past the CPI is still historically high and not...
16Aug5:26 pmEST
Stock Market Recap 08/16/22 {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...
16Aug10:56 amEST
Inflation Grim Reaper is Coming For You
Look, I get it. Perhaps just as much as anyone else I miss the days where we could head to the gas pump and get a full tank of gas and chuckling about how reasonable the final price was. And then head on over to the grocery store--even a high end one like Whole Foods--to pick up some meat and fish, and other goodies, also at a reasonable price...
15Aug3:45 pmEST
China and Russia Wouldn't Really Escalate Into WW3, Right...Right?
I am no geopolitical expert. However, I do know that history and human nature of the current circumstances and the amount of time which has passed since a full-blown global conflict between super powers suggest that we may be due. And with Russia and China clearly teaming up against the West we would be wise not to brush it off as an...
15Aug10:48 amEST
Shake, Rattle, But Hasn't Rolled
I lost track trying to keep count of how many nasty shakeouts we have seen in the energy complex this summer. The current one this morning is in regards to China slowdown fears coupled with an Iran supply boost. However, neither of those news items are anything new as the market has known about them for quite some time. Interestingly, these...
14Aug10:32 amEST
Weekend Overview and Analysis 08/14/22 {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...
12Aug10:53 amEST
Oh My!
I will be the first to admit that the bull run in Costco went much higher than I could have anticipated, as Americans relentless flocked to buy in bulk and enjoy food court hot dogs. Personally, I despise shopping at COST as I go to great lengths to avoid crowds in general--I would much rather grocery shop first thing in the morning or right...
11Aug11:07 amEST
Sneaky Peak Inflation
This sure is a strange version of "peak inflation," with rates yawning off the cool(er than expected) CPI yesterday and then outright spiking (as TLT sells off, below on the daily chart) today on the cool PPI print. My view headed into 2022, as per a video I emailed to VIP Members over the holiday (and have since posted on this website a few...