Yakety Yack

14Jul10:33 amEST

It's Much More Noir Than You Think

Despite Fed Chair Janet Yellen's comments this week tilting to the dovish side, Treasuries have not been too impressive in bouncing back from a late-June selloff. Thus, if Treasuries now give up this week's Yellen gains into the back half of July I suspect that the "Rates Trade " in equities could easily be back on, with REITs (IYR) utilities...

13Jul4:28 pmEST

Stock Market Recap 07/13/17 {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...

13Jul1:05 pmEST

Yandex: You Can Trust We Will Stay Onatopp of Things

Dating back to late-last year, Yandex, the Russian internet search giant (akin to Russia's version of Google) was a more speculative long-term investment idea for VIP Members. Our thesis centered around the weekly chart, updated below, which was sporting a defined inverse head and shoulders bottoming formation after a few years of disappointing...

13Jul10:39 amEST

Sambuca...or Too Much Tequila

A little Sambuca after a heavy meal is said to aid in digestion. But just as with most things in life, too much alcohol can of course make one sick. Thus, after a strong, multi-day bounce in equities dating back to Tuesday morning's upside reversal on the major averages we are now seeing some backing and filling this morning. Indeed, the...

12Jul3:20 pmEST

Stock Market Recap 07/12/17 {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...

12Jul2:53 pmEST

India: It's Much More Than Bollywood

Among the BRICs (Brazil, Russia, India, China), China understandably receives plenty of attention from traders as high beta, growth issues like BABA SINA WB thrive, or at least threaten, major breakouts. Russia and Brazil are kind of caught in the oil/commodity softness, combined with geopolitical headlines and issues of their own (the Brazil...

12Jul10:43 amEST

Ironically, Circuit City is Now Hot

No, not that Circuit City. Instead, the likes of LFUS, or Littelfuse, Inc. a supplier of circuit protection products for the electronics, automotive and industrial markets, is one of many stocks breaking higher this morning. There are a few peers of LFUS which also have a enticing charts, which we are monitoring closely on what is so far...

11Jul3:11 pmEST

Stock Market Recap 07/11/17 {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...

11Jul2:56 pmEST

Are You a Brick and Mortar Half-Vacant or Half-Full Type of Person?

All kidding aside, most things retail are being lumped together as akin to the dinosaurs. As we know, the dinosaurs had a great run of dominance for a long time but eventually met a swift and violent ending, filled with decisive closure. So while ANF and Macy's, among many other iconic brands in the retail space, merely try to avoid zooming...

11Jul9:31 amEST

Yakety Yack

Deep into the heart of the era of "Fed transparency," with Fed heads jawboning every day of the week and then some, the market appears to be looking forward to two days of Janet Yellen testimony this week. It is interest to see the Fed's conquest for transparency devolve into confusing, often conflicting remarks by its members, be them voting...