MarketChess
Showing articles 641 - 650 (6608 total)
05Oct11:07 amEST
Waterfall Context
This morning's giveback in equities may very well seem like the familiar "waterfalls" we have seen this year immediately in the wake of sharp rallies, whereby we give back recent spirited gains, and then some. However, as seasonality turns bullish for a bit we want to be a bit more open-minded this time around. In addition, as you can see for...
04Oct3:23 pmEST
Be Careful What You Wish For
It is not so much that the market rallied hard yesterday and today after last week's drama and a weekend full of Credit Suisse fears so much as it is the promise and allure of the future being more friendly to bulls. Specifically, mounting pressure on The Fed to back off an intensely hawkish hiking regiment coupled with sharp language about...
04Oct10:28 amEST
You'd Better Be Street Smart with Where We're Going
After being among the very best performers for commodity names off the March 2020, a bonafide and elusive ten bagger, copper miner Freeport-McMoran since suffered a 50% haircut--You can see as much on the FCX monthly chart, below. Currently Freeport is rallying sharply this week with most commodity names. That said, the big picture is that as...
03Oct1:58 pmEST
This Year's Fall Classic Will Be Double Bottom Callers
When I made the decision to take off over 90% of my bearish bets last Wednesday with Members, I did so with full knowledge that I may be leaving some gains on the table. However, after undercutting the June lows we have the S&P 500 rallying back above them today, as we speak. This is happening in the face of a steep selloff in TSLA, a red...
03Oct9:56 amEST
Welcome to the Tag Team Market
After a weekend chock full of gloom and doom about Credit Suisse and Europe at-large, the market is of course gapping up to kick off the new week, month, and fourth quarter of trading. As rates back off, the market seems to care about that the most. As we noted with Members over the weekend, the first autumn midterm election year bearish...
02Oct10:21 amEST
Weekend Overview and Analysis 10/02/22 {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...
30Sep10:45 amEST
Gold Set to Star in Q4?
In the following video we analyze recent developments with gold and precious miners.
29Sep5:16 pmEST
Stock Market Recap 09/29/22 {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...
29Sep11:29 amEST
Fighting the Demons
While the Bank of England's actions yesterday morning are not repetitive of 2008, per se, in terms of Bear Stearns, then Fannie Mae/Freddie Mac, followed by the great fall of Lehman Bothers, it does indeed rhyme with 2008. In other words, my view is that we are not only headed into a deep, consumer-led recession with corporate profits...
28Sep3:18 pmEST
Smoke Break: Locked in Hard-Fought Gains
As much as I love a good fight I am not in the mood to disrespect the market's upside reaction to the negative AAPL news overnight and then, of course, the Bank of England QE news this morning. Given the market finally responded more forcefully to oversold conditions than recent sessions, and especially in the face of bad news, I am taking...