MarketChess
Showing articles 1021 - 1030 (6617 total)
30Nov3:48 pmEST
Here Come the Growth "Tells"
Salesforce tonight, alongside Zscaler, then OKTA SNOW SPLK tomorrow, all mark notable growth stocks with rich valuations reporting earnings somewhat under-the-radar in the final innings of earnings season. Of course, it is understandable that they may be overlooked, given that the ultra marquee names like TSLA, NVDA, AAPL, and the "FANG" names...
30Nov11:47 amEST
Powell Talks the Hawk, Even if It's a Balk
In his testimony this morning before the Senate, Fed Chair Jay Powell gave some of the most hawkish commentary from the Central Bank about the economy and The Fed's concerns right now that we have seen in years, if not decades. Even during the Q2 inflationary head-fake in 2008, then-Chair Ben Bernanke did not outright express concerns about...
29Nov3:38 pmEST
Lockdowns or Not, Blue Apron Might Kick it Up a Notch
Blue Apron Inc. the meal kit delivery service, was a terrible stock before the initial pandemic crash in Q1 2020. It was then a poor stock after its March 2020 run-up with the likes of CLX KMB PFE PTON ZM. After losing its luster as the pandemic intensity abated, however, Blue Apron has quietly firmed up its chart in recent months and, perhaps,...
29Nov10:46 amEST
Remus Doesn't Like Opening Gaps in Corrections
Instead of referring to myself in the third person, let us use George Remus as an allegory of sorts of Wall Street yesteryear. In Wall Street yesteryear, it was often said that roughly nine out of every ten opening gaps higher in the context of a corrective market are to be sold into, rather than bought. Of course, the counterargument is...
28Nov6:47 amEST
Weekend Overview and Analysis 11/28/21 {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 Please click here for more details about joining Market Chess Subscription Services for plenty of other features,...
26Nov10:26 amEST
The Old Pandemic Playbook 11/26/21 {Video}
In the following video, we examine some ideas back in play given the pandemic headlines and selloff this morning. Enjoy your weekend, and happy holidays.
24Nov10:54 amEST
You Cut the Toikey Without Me?
You would never know it were a cheerful Thanksgiving week on Wall Street, judging by the price action in tech and growth stocks so far. If nothing else, the action should be a good lesson to traders who seem keen on using the "holiday rally" or, unbelievably, the "Santa Rally" as crutches. For context, the official Santa Rally timeframe begins...
23Nov3:37 pmEST
One Shot After the Next
Among commodities when viewed as an entire asset class of late, soft commodities continue to stand out for their more steady strength. While oil, natural gas, and various base and precious metals have all jerked around violently, the likes of coffee, wheat, cotton, beans, have all handled themselves impressively. DBA is the ETF for a basket of...
22Nov4:43 pmEST
Stock Market Recap 11/22/21 {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...
22Nov11:05 amEST
Jay Pow-Pow-Power Wheels Keeps on Printing
News of President Biden planning to nominate current Fed Chair Jay Powell to continue serving in that capacity apparently led to a further pop in equities this morning to kick off Thanksgiving week. While it is certainly true that Biden's other main candidate, Lael Brainard, is widely-seen as being much more dovish than even Powell, it is also...