Peek Your Head Over Your Peak Inflation Thesis

25Jan3:13 pmEST

Looking for Mr. Goodbar...And Daddy Powell

I do not profess to have a crystal ball, nor all the answers. But I do have an opinion about the changing market regime. Headed into the FOMC tomorrow afternoon, stocks recovered from sharp losses for the second session in a row as we work through the final hour. It is often said that bull markets climb a wall of worry, so to speak, while bear...

25Jan10:08 amEST

Just Call Me Stan Beeman

In this day and age of internet memes, it is rather easy to get lulled into a state of complacency about real-life, legitimately dangerous issues facing the world. Thus, you would think that Vladimir Vladimirovich Putin were a cartoon character, riding bears through the Russian terrain in winter. Or, perhaps, he were a caricature of what...

24Jan3:24 pmEST

Big Blue as a Big Tell

Before we get to MSFT, then TSLA, and then AAPL earnings later this week, I want to draw your attention to old, stodgy, IBM, or "Big Blue" as it used to be known around Wall Street, which reports earnings tonight after the closing bell. At this point in the stock and firm's life cycle, IBM is not a flashy growth stock. On the updated quarterly...

24Jan10:13 amEST

Rallies Jump Up to Get Beat Down

I covered up some more shorts into this morning's weakness, as discussed in my full strategy video yesterday (available for everyone this week, please see prior blog post). However, with the market filling to hold the overnight bounce in the futures, followed by this morning's minor attempts so far, we are still at risk of a crash. Mind you, I...

23Jan10:31 amEST

Special Edition: Full-Length Weekend Strategy Session 01/23/22 {Video}

For this weekend only, I am opening up the full-length Weekend Video Strategy Session to everyone. Each weekend, I present a similar video to the one below for Members of the Market Chess Subscription Services. Please click here for details about joining at a reasonable price to receive these types of videos, as well as plenty of...

21Jan10:22 amEST

Here's the Punchline: Tesla Hasn't Even Corrected Yet

Although it seems like the market is going down every day and simply must stop soon enough, leading to a spectacular short squeeze higher, the punchline may very well be that the likes of AAPL and TSLA, the latter below on its updated daily chart, are still nowhere close to testing their respective 200-day simple moving averages (yellow line on...

20Jan4:42 pmEST

Stock Market Recap 01/20/22 {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...

20Jan10:10 amEST

Back to Sniper Mode...for Now

With ARKK up by nearly 5% off the open as I write this and a broad market fade scenario now, perhaps, a bit too obvious to actually happen, I took the opportunity with my SOXS long (the triple-bear semiconductor ETF) actually green earlier to lock in a gain there with Members. I also closed out a HD Short which I had held for a while, and took...

19Jan4:33 pmEST

Stock Market Recap 01/19/22 {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...

19Jan10:24 amEST

Peek Your Head Over Your Peak Inflation Thesis

The slightest dip in rates in this morning, with TLT up a touch, led to a broad market bounce off the open. In and of itself, considering the context of monetary policy, macro, recent market action, this seems like evidence per se that correlations are running tightly which we often see in an ongoing corrective market. Thus, as IWM flips red...