Trading Ideas

Showing articles 21 - 40 (4830 total)

15Jun11:03 amEST

This is the Business We've Chosen

It seems foolish to spend days awaiting the decisions and nuanced, confused rhetoric of a bunch of academic bureaucrats who are trying to solve the very serious problems they had a major hand in creating in the first place.   But this is the business we've chosen.  Unless and until we arrive at a moment when markets across several asset classes...

14Jun10:56 amEST

Dead Ahead of The Fed

I am not expecting too much from equities today as we await the FOMC tomorrow afternoon at 2pm EST. Yesterday late in the session the Wall Street Journal's Fed reporter (practically a tradition on Wall Street for The Fed to have a "leaker" at the WSJ) floated the idea that The Fed will raise by 75 basis points tomorrow due to sticky high...

12Jun6:55 amEST

Weekend Overview and Analysis 06/12/22 {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...

10Jun10:30 amEST

A Short and Hold Idea

I went short MasterCard yesterday with Members, planing to swing the position for a good while if all goes well.  Simply put, I have had a hard time not believing the monthly chart for MA, below, is sporting a major topping pattern after more than a decade of almost nonstop bull market wins.  As you know, MA is an iconic credit card global...

09Jun4:26 pmEST

Stock Market Recap 06/09/22 {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...

09Jun10:51 amEST

The Near-Term Fate of Markets Rest on These Two Setups

A bit dramatic? Sure. But with the algos playing ping-pong pretty much all this week in front of the CPI data tomorrow morning, followed by the FOMC and OpEx next week who can blame me? As QQQ flirts with $305 support, we have TSLA giving bulls a glimmer of hope for a rally just as economic negativity seems to be reaching critical mass.  On the...

08Jun2:17 pmEST

Stuck in the Middle with You

We typically do not get this sort of "summer doldrums" action until after the July 4th break.  However, in front of CPI this Friday, then FOMC next week with OpEx, our core thesis with Members over the weekend in our full Strategy Video was a lull into at least CPI. Thus, keeping things light and tight was probably correct as that lull clearly...

08Jun10:16 amEST

Now This is a Battle

Early on we have some of the strongest parts of the market of late, like materials and shippers, looking at a shakeout while the beaten-down growth names, using ARKK as a reference point, leading the action higher.  Overall, the Dow is soundly red and lagging while many individual growth names are fighting to stage relief rallies higher.  With...

07Jun3:37 pmEST

Just Thinking Out Loud Here...

Should Treasuries not only fail to follow-through lower off Monday's weakness, but actually continue on higher after today's bounce (which means rates go lower), it would give bulls in both bonds and (growth) stocks the fodder they need to declare a bottom.  On the TLT daily chart, updated below, we can see that possible scenario as...

07Jun10:15 amEST

Energy Bull Market Dynamics

It occurred to me last evening, while out for a drive, that each time in recent memory I have been out driving around both on surface roads as well as on the Garden State Parkway and New Jersey Turnpike I have seen reckless drivers drag racing each other, weaving in and out of traffic. Simply put, that is typically not the behavior you see...

06Jun10:21 amEST

Watch Your Back

Another $305 support test on the Nasdaq's QQQ ETF, below on the updated hourly timeframe, looks to have held as bulls kick off the first full week post-Memorial Day with a move higher.  With the Consumer Price Index (CPI) not coming out until Friday morning, followed by the FOMC next week, bulls may very well benefit from a bit of a (relative)...

05Jun9:29 amEST

Weekend Overview and Analysis 06/05/22 {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...

02Jun3:08 pmEST

Fighting Amidst the Chaos

The chaotic nature of bear markets means, at times, that bears themselves need to make sure they are not trapping themselves. Currently, we have more evidence from today's price action that the bottom from late-May is proving to be a near-term good low. To be clear, I do not expect those lows to hold into the back half of 2022.  However, you...

02Jun10:22 amEST

This is for Fighting, This is for Fun

The main point we have been stressing to Members of late has been that one must put into proper context and perspective all of the herky-jerky price swings the market has been sporting. In fact, one would almost think with the precision and the manner in which the buy and sell programs have been alternating that this were some kind of basic...

01Jun3:38 pmEST

Got a New Company for You

Recent IPO EE is worthy of our attention. First, the company description: Excelerate is changing the way the world accesses cleaner, more affordable and reliable energy by delivering regasified natural gas, benefitting hundreds of millions of people around the world. From our founding, we have focused on providing flexible liquefied natural...

01Jun10:19 amEST

On the QT and Very Hush-Hush

A fade off the opening pop in equities coincides with the official start of "QT," or The Fed's quantitative tightening process whereby they begin to slowly shrink their enormous balance sheet with a likely load of toxic debt. June can often be a tough month for stocks, but it does raise a few spidey senses that so many are eager to look for an...

31May3:08 pmEST

Distrustful of Eastern Promises

It looks like we will wind up with a red session today, coming off the holiday break. However, I am still inclined to think this bear market rally has some business above to really get people thinking the worst is over once and for all (I do not share that view).  In the meantime, wheat is getting sold hard today as a headline hit that the U.N....

31May9:30 amEST

Searching for Pressure Points

As I am sure you gathered from our analysis before the holiday, we expect oil and gasoline futures to continue to push higher into the summer months as China reopens and the domestic U.S. economy sees cabin fever-ridden Americans spend whatever money they have left (or on credit) for summer vacations. On the surface, a local road trip seems far...

26May2:36 pmEST

More Than Just Summer Driving Season

It is difficult to overstate just how bullish the price action in crude oil is right now (and gasoline), given the events of the last three months where we have seen Fed tightening, economic data points suggesting we clearly peaked in growth and could easily be headed towards recession by the end of calendar year, as well as the negative wealth...

25May11:33 amEST

Bear Market Psychology 05/25/22 {Video}

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