MarketChess
Showing articles 1491 - 1500 (6602 total)
20Nov11:46 amEST
Empty Streets; Sunny Deets
There may very well be renewed uncertainty over various virus restrictions across the country, not to mentioned the Treasury cutting Fed lending program. But you would not know it from gauging solar stocks. Various solars, be it high beta names like SOL SPI SUNW, have been hot this week, and the more standard names like FSLR (below, on its...
19Nov10:30 amEST
A Big Event, Minus Pomp and Circumstance
Back in the middle of summer it was hard not to find gold bugs and newly-converted precious mining bulls champing at the bit to trade the sector in the midst of a strong bull run. After all, The Fed just wants to print money and our politicians treat our deficits like they are a total joke. How could gold not be the answer, or at least one of...
18Nov11:35 amEST
Deicing the Boeing Chart
Although many politicians have helped to form the view that we are headed for a long, dark winter of economic restrictions amid spiking virus cases, the market has other thoughts about that. Airlines, especially DAL, are back at it again today, up around 4%, with cruise lines and casinos acting quite well, too. These are charts which I have...
17Nov3:46 pmEST
Remember: We Want the Right Kind of Boring
Consider this a quick and friendly reminder into the bell today that as we head into what many expect to be a "long, dark, winter," you should carefully select your sectors. In other words, not all boring sectors are created equally, especially if we do get that rising rate environment various sectors seem to be implying based on recent price...
17Nov11:02 amEST
Helluva Long Sequel to Enron, Jimmy
Words cannot describe how tedious it must be for famed and well-regarded short-seller Jim Chanos (pictured, left) to keep holding TSLA short amid the stock's legendary moves this year. Back during the March crash, Chanos appeared on CNBC and figured to have finally been on the cusp of prevailing in a long, hard-fought battle. Since then, TSLA...
16Nov3:55 pmEST
Insurance Stocks and Chill
As I am sure you can tell from my recent analysis and trades, I am convinced the winds of Wall Street are changing in favor of boring, deep value plays like the insurance stocks. On the KIE ETF, first daily chart, below, I wonder how many newfound traders this year will even know to track insurance stocks in this brave new world--I suspect it...
16Nov10:47 amEST
Still Ain't Got No Vaccine for Fossil Fuels
The Moderna vaccine news this morning may very well feel like a mere repeat of last Monday morning's Pfizer vaccine gap higher. However, the larger issue for me is the rotation underway. These vaccine headlines seem more like an excuse rather than grandiose catalyst for money to head into financials, insurers, energy, materials, ags, etc.. I...
15Nov11:57 amEST
Weekend Overview and Analysis 11/15/20 {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...
13Nov10:01 amEST
You Have Your Shows; I Have Mine
One of the main objectives of Market Chess, both here and with Members, is assessing any given market as objectively as possible. If simply creating the appearance of always winning/getting a call right had been the goal, it really is not that hard to do so in today's fast-moving atmosphere of constant headlines and market moves: A gap up here,...
12Nov5:07 pmEST
Stock Market Recap 11/12/20 {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...