Dust Yourself Off and Start All Over Again

05Jan11:29 amEST

Economic Cycles Before the Fed

Interesting lecture here regarding the topic of whether we can live without The Fed and what economic cycles were like before we actually had The Fed. via YouTube: Archived from the live Mises.tv broadcast, this lecture by Tom Woods was presented at the 2011 Mises University in Auburn, Alabama. Includes an introduction by Mark Thornton.

04Jan3:50 pmEST

Wild Card Weekend for a Wild Card Market

We are seeing some big-time moves higher in many growth stocks today, namely the enterprise software issues but also squeezes in beaten-down names like GPRO SNAP X. By now, we are conditioned to more or less expect a huge gap down on Sunday evening in the futures to keep everyone honest. But given that sentiment today seems skewed towards a...

04Jan11:22 amEST

A New Type of Logic

It is a bit odd to see Fed Chair Powell pick a day with a very strong jobs report to soften his previously-rigid (compared to, say, Bernanke) tone regarding his hawkish monetary bias. But that is exactly what he has done this morning, as Powell blatantly acquiesced to President Trump's line about "hearing the stock market." Incidentally, the...

03Jan4:52 pmEST

Stock Market Recap 01/03/19 {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...

03Jan2:44 pmEST

Something Magical is Happening with the Miners

Beyond a spirited rally in gold and now silver, something we have seen intermittently for a few years which usually ended in abrupt rollovers, one of the more interesting aspects of the current move is that those miners which are essentially pausing or taking days off do not suffer much in the way of givebacks. Previously, the glaring omission...

03Jan10:31 amEST

An Armed and Dangerous Market

The sharp selloff in shares of Apple this morning looks to more than offset any bullish hope for the BMY for CELG buyout to take the market higher. Similar comments apply to an initial bounce in crude oil, as well as weak ISM manufacturing data perhaps slowing down the hawkish Fed. In fact, the Dow, S&P, and Nasdaq have all taken out...

02Jan4:58 pmEST

Stock Market Recap 01/02/19 {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...

02Jan12:56 pmEST

Time for Sil to Be More Than the Number Two Guy

SIL, sector ETF dedicated to silver mining stocks, rightly get overlooked compared to GDX (ETF for senior gold miners) and GDXJ (junior gold miners) for a few reasons. First and foremost, SIL is such more thinly traded in terms of volume than both GDX and GDXJ. Silver miners in general have also been extremely disappointing at various intervals...

02Jan10:08 amEST

You Cannot Beat This View

As Brazil inaugurates President Jair Bolsonaro, it is worth reiterating a point we made just before Christmas--Quite a few Brazil stocks which trade here in America have been acting remarkably well, all things considered. In particular, compared to other BRIC countries ("BRIC" is an acronym standing for Brazil, Russia, India, China), the...

31Dec12:28 pmEST

Dust Yourself Off and Start All Over Again

Don't lose your confidence If you slip Be grateful for a pleasant trip And pick yourself up Dust yourself off And start all over again As 2018 winds down, we continue to play our cards close to the vest inside Market Chess Subscription Services, and largely have since October. But even if you have been too aggressively long (or,...