MarketChess
Showing articles 981 - 990 (6601 total)
17Dec10:35 amEST
Act Accordingly: This is a Secular Shift, Not a Cyclical One
Pending today's close, precious metals and miners are on the cusp (pending today's close) of a weekly chart bullish reversal at prior, major support. On the GDX (ETF for mostly larger cap precious miners) weekly chart, below, we can see the bullish "hammer" (arrow) being formed right here gold bugs needed it--At the scene of support dating...
16Dec4:30 pmEST
Stock Market Recap 12/16/21 {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...
16Dec10:41 amEST
But Where is the Inflation, They Ask? Here's Where it Is
Alternate Title: "I Should've Been a Farmer, Red" (hence, the photo, above) A popular argument being made right now is that the bond market is not too concerned about inflation, and thus The Fed should pretty much never raise rates, let alone fully end Quantitative Easing. First and foremost, this sort of argument embraces a kind of financial...
15Dec4:24 pmEST
Stock Market Recap 12/15/21 {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...
15Dec11:16 amEST
Run for Cover Here
While it remains to be seen just how problematic the Omicron variant becomes in America (and all of the potential restrictions which could negatively impact growth, of course), the FOMC later today at 2pm EST is likely the last seminal event for markets in calendar year 2021. We get not only The Fed's rate decision and statement, but also a...
14Dec4:36 pmEST
Stock Market Recap 12/14/21 {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...
14Dec10:47 amEST
People Don't Start Playing Ball At Your Age, They Retire!
On the back of a sizzling PPI inflation reading this morning, the transitory gang should be all but fully immersed in the economic witness protection program at this point. And, yet, watching CNBC and the financial news networks this morning, the narrative has not totally acquiesced. Instead, the new expectation is for inflation to naturally...
13Dec3:46 pmEST
The Stop-Loss Searchers
Headed into the closing bell, you can see why pressing shorts in this sort of tape continues to be a challenge--Despite a red morning, bears were unable to accelerate the pressure lower into the afternoon. True, the meme stocks, AMC GME, were sold aggressively alongside cryptos ad crypto stocks like MARA RIOT. And NVDA TSLA were among the...
13Dec11:42 amEST
Person of the Year Cover Gets Sold
In what could easily have triggered another gamma squeeze frenzy higher in shares of Tesla this morning, especially with many adamantly calling for a holiday rally into New Year's Eve, TSLA is off by 5.5% as I write this and losing both the key $1000 level and its 50-day moving average despite CEO Elon Musk being named Time Magazine's, "Person...
12Dec11:03 amEST
Weekend Overview and Analysis 12/12/21 {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...