Weekend Overview and Analysis 11/27/22 {Video}

02Dec10:56 amEST

The Mini Ice Age Cometh

With this morning stronger-than-expected jobs report now behind us, we have a bit of an "ice age" for just under two weeks now. Earnings are more or less over with, as far as the big names are concerned, and we have a lull in major economic data/macro events until the CPI and FOMC beginning December 13th. With this in mind, it is critical for...

01Dec4:24 pmEST

Stock Market Recap 12/01/22 {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...

01Dec10:27 amEST

Don't You Hurt My Precious!

Equities as a whole are dealing with what seems like a daily fade this morning off the open, as the Dow, S&P, Nasdaq, and small caps are all soundly in the red as I write this. True, we do have the jobs report tomorrow morning pre-market which figures to be the last major macro event before the CPI/FOMC on December 13th and 14th, respectively....

30Nov3:06 pmEST

Silver's Acting Great and No One Cares Except the Weirdos

It is often said in markets that from failed moves in one direction come aggressive moves the other way. And that goes double for failed moves around signifiant technical junctures. In the case of the sliver metal ETF, updated below on the daily timeframe, we had a horrendous session on Monday bringing out the usual hecklers chanting something...

30Nov11:25 amEST

Waiting for Powell

This afternoon at 1:30 pm EST the Brookings Institution, Fed Chair Jay Powell is expected to deliver a speech which will be his final public remarks before the next FOMC in mid-December. Given the indecisive nature of markets in recents weeks after previously rallying off the mid-October lows it sure seems like Mr. Powell's comments today may...

29Nov4:33 pmEST

Stock Market Recap 11/29/22 {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...

29Nov10:29 amEST

Parabéns on Your Trip to Brazil

I bet you did not know that Brazil-based Gerdau (GGB, below on its updated daily chart) is the largest producer of long steel in all of the Americas. Despite the political changing winds and turmoil in Brazil, complete with omnipresent risks, GGB has been one of the better acting charts in the entire steel sector for a good while now. Its...

28Nov4:50 pmEST

Stock Market Recap 11/28/22 {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...

28Nov11:17 amEST

Little Red Open

Protests in China over the weekend regarding more COVID restrictions seems to have spooked most equities and commodities this morning, as the post-Thanksgiving hangover is magnified all the more. In sum, we have a tug-of-war between bearish macro headlines versus bullish seasonals and, in some cases, bullish technicals. As frustrating as the...

27Nov8:47 amEST

Weekend Overview and Analysis 11/27/22 {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...