MarketChess
Showing articles 621 - 630 (6600 total)
17Oct12:24 pmEST
Emerge or Diverge
On some level the near-term direction of risk assets may very well hinge on what happened last week. As we noted in the usual Weekend Video, typically reserved for Members but opened up to everyone over the weekend (please see prior blog post), the U.S. Dollar did not make a fresh high last week on its UUP ETF (daily chart, below, which is...
16Oct11:40 amEST
Special Edition: Full-Length Weekend Strategy Session 10/16/22 {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...
14Oct11:58 amEST
Mostly a Spectator This Week
This was one of those weeks in the market where I am content to have been mostly in cash as a spectator. I just took off the two positions I did have on coming into today well before they came close to my preset stop-losses as I simply do not like this price action on the back of yesterday's big move. To my eye, we are still in the muck dealing...
13Oct10:38 amEST
Retail Investors Are Still Too Cool for School
ARKK hit a low of $33.74 this morning--Its COVID crash lows were $33.00. And, yet, we have the VIX red and the opening dip in the broad market off a hot CPI print getting bought up. History suggests that we are nowhere close to the sort of widespread fear, panic, then despair necessary for a true bear market bottom. Thus, any bounces should...
12Oct12:30 pmEST
Value Investing Most Certainly IS Coming Back
About fifteen years ago I was walking through the Rio All-Suite Hotel & Casino in Las Vegas to play the juicy cash games during the World Series of Poker. David Einhorn, the famous hedge fund manager and avid poker player, was there for the WSOP action. I walked by one of the open air restaurants in the Rio corridor and saw Einhorn with his...
11Oct10:01 amEST
Controlled Demolition, Man
As easy as it is to overanalyze this market, what with all the headlines, macro news, theories, etc., objectively when we get down to brass tacks we are dealing with a bearish trend which is dripping lower seemingly on a daily basis in a rather controlled, "demolition" type of manner. That type of action is often found in the middle stages of...
10Oct10:11 amEST
When Chaos Returns, the Simple Things Become Valuable
Many of the same folks right now who are saying that Jay Powell and the current Fed simply must stop raising rates, lest the system break, were also saying, back in 2008, that the entire banking system needed to be bailed out lest the world would end. What they did not tell you was that, back in 2008, there were many regional banks who did not...
09Oct9:41 amEST
Weekend Overview and Analysis 10/09/22 {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...
07Oct12:35 pmEST
Not Fighting the Last War
In the following video we examine the relative and absolute strength in the oil patch both today and of late.
06Oct5:41 pmEST
Stock Market Recap 10/06/22 {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...