MarketChess

25Mar10:45 amEST

Beach Hopping in Brazil

Quietly, commodity-rich Brazil has been acting much better of late. And, quietly, their Central Bank has taken actions to battle inflation, unlike our own Fed which thinks it can use mere words to fight off the nasty scourge of inflation. As I write this, Brazil's key interest rate is in the double digits. Now compare that to Jay Powell's...

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24Mar12:08 pmEST

Market Chess Presents: The Chart of the Day

The rally since early last week has not rolled over so easily. And despite bears foaming at the mouth for an imminent dive to new lows, my concern with putting back on some aggressive shorts here is found, in part, on our chart of the day, below.   Courtesy of EquityClock.com, we have the seasonality by month for the S&P 500 Index over the...

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24Mar10:15 amEST

Big Nickel

With a straight face, answer me this: Did you really think the sort of monetary policies (and fiscal) we have seen since 2008/2009, let alone since March 2020, would not have wild unintended consequences?  Nickel futures experienced another price "limit up" on the London Metal Exchange after soaring over 250% over two trading sessions in...

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23Mar4:40 pmEST

Stock Market Recap 03/23/22 {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...

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23Mar10:27 amEST

Shippers: I Like to Move it, Move It

As we noted a few weeks back , that oil and other commodities ain't gonna move themselves. And with oil back at it this morning with other commodities, we have the likes of Genco Shipping out of the gate hot. We are playing GNK with Members currently, and also have an eye on the beautiful Diana, seen on the DSX daily chart, below.  Other dry...

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22Mar3:08 pmEST

Don't Sleep on Solar 03/22/21 {Video}

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22Mar10:22 amEST

Strong Bull Markets Feature a Deep Bench

Even in the strongest of bull runs every single member of the asset class will not go up daily. Thus, we look for rotation within the given asset class in question for clues as to how broad the rally truly is. The broader the rally, typically the stronger the bull run (excepting when The Fed is blasting QE and ZIRP for years in long duration...

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21Mar2:58 pmEST

Beware: A Squeeze ON The Fed

Beware a squeeze on The Fed! The Fed may not realize it yet, but after both Neel Kashkari's hawkish comments late-last week coupled with Powell's comments today acknowledging in so many words how dire inflation truly is, bond bears and commodity bulls may have free reign to squeeze The Fed until they blink and are forced to raise rates at a...

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21Mar10:32 amEST

Me See Commodity Bull; Me Buy Commodity Stocks

While plenty of discussion has been spent the last few days over whether the Nasdaq and a plethora of former high-flying growth stocks have finally bottomed, the better question, as we noted with Members, was whether commodity stocks would continue their already-bullish uptrends. Indeed, the bird's eye view of the market tells us that Nasdaq...

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20Mar11:53 amEST

Weekend Overview and Analysis 03/20/22 {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...

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