Trading Ideas
Showing articles 21 - 40 (5333 total)
20Mar3:31 pmEST
Jerome Powell Starring as Backdraft Ronald
"What would you like to do to the currency and confidence in inflation, Jerome?" Burn it Gold, silver, copper, and the miners saw a surge as Powell opened his presser with incredibly dovish comments even though some of the Fed voting members dot plots initially seemed a touch more hawkish than expected. On the silver ETF monthly chart,...
19Mar12:50 pmEST
The Two Most Generous Bartenders in History
If nothing else, Jerome Powell and Janet Yellen may very well wind up going down in history as the two most generous bartenders, proving ample liquidity to markets at each and every juncture for a period of years. You may be thinking that the current rally in equities, with the broad market refusing to pull back even 2% for nearly one hundred...
17Mar10:52 amEST
Weekend Overview and Analysis 03/17/24 {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...
14Mar10:58 amEST
Two Charts Which Make Sense Amid the Quagmire
Even with the semiconductors soundly red this morning we have seen buyers generally out and about, not sweating the stagflationary PPI and retail sales prints this morning too much. Microsoft is higher by more than 2.5% which, at its $3.1 trillion market cap size, will keep the overall index selling tame unless it reverses. However, the small...
13Mar12:06 pmEST
Finally Feels Like the 1970s Again
The last time we saw a prolonged period of entrenched inflation in this country was during the 1970s. During that period, gold and oil stocks were the two top performers, all the while the "Nifty Fifty" high-flying growth stocks of that era finally saw their collective bubble pop. Indeed, the "stagflation" period of slowing growth and sticky...
12Mar1:09 pmEST
Some Can Spot It
I remain perplexed by the Nasdaq's ability to laugh off a hot CPI print this morning (and just about anything else for that matter), even as rates rise. However, many other parts of the market can spot the issues caused by higher rates going forward, be it the small caps, transports, biotechs, and the REITs (below on the IYR ETF daily chart)...
11Mar12:26 pmEST
Very Well. I Accept Your Blackmail
It almost seems as though bulls are attempting to, in a way, blackmail this market. The much ballyhooed extended leaders in the "Magnificent 7," alongside semiconductors at-large, have obviously been the focal point of the melt-up. Bulls argue that looming rate cuts this year amid a soft landing justifies all of it--and the AI revolution...
10Mar9:43 amEST
Weekend Overview and Analysis 03/10/24 {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...
08Mar1:51 pmEST
Reversal of Fortune
In last evening's full recap video for Members we discussed the idea that most State of the Union Addresses do not move markets very much, if at all. In fact, it is often something of a red herrings for trading to try to trade off it, despite all of the coverage and analysis surrounding the event. However, the jobs report this morning was a...
07Mar12:51 pmEST
Reminiscent of a Certain Time and Place
As NVDA and the semiconductors continue to blow-off (headed into AVGO earnings tonight), I cannot help but recall this same early-March period in 2009. Of course, back then instead of going up every day we had the market going down nonstop. There were many bold calls for the S&P eventually go down to 400, some even calling for 200 and 100 with...
05Mar12:29 pmEST
Bring on the Passive Aggressive Types
The main reason why textbook bearish head and shoulders topping patterns tend to work so well at ushering in new bear markets and are quite obvious (in hindsight!) is, ironically, that they have failed numerous times on the way up during the bull run. And in this liquidity-driven bonanza since 2009 and especially since the pandemic that...
04Mar11:14 amEST
More Dignified Action
Amid plenty of other issues in markets and the world, it is quite easy to overlook the recent strength in natural gas after a prolonged period where natty bulls displayed unrivaled ineptitude. On the UNG ETF daily chart, updated below, the gap up today is a sizable one. And over the last few weeks we have seen some tangible evidence of at...
03Mar8:34 amEST
Weekend Overview and Analysis 03/03/24 {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...
29Feb11:44 amEST
It's Called Stealth for a Reason
The Nasdaq just faded to red as I am writing this. However, bears clearly need much more gusto than that to the downside in order to cement any kind of top. That said, I expect the stealth distribution in "Magnificent 7" names AAPL TSLA and now GOOGL to prove to be a leading indicator of where this market is headed in March, and perhaps...
28Feb12:10 pmEST
Floating the Idea of a Berkshire Top
Monday's big downside reversal after surging to fresh all-time highs for Berkshire Hathaway "A Shares" was noteworthy since it was, among other factors, occurring the first trading session after the Berkshire Annual Letter hit the news headlines all weekend with Warren Buffett's thoughts on markets and life. In addition, Berkshire's stock has...
27Feb11:31 amEST
Plenty of Coil in That Oil
In addition to natural gas starting off this week well we also have crude oil itself, below on the USO ETF daily chart, threatening to break well-defined resistance higher. You may have noticed gas prices creeping back higher at the pump, and that dovetails nicely with the energy commodities at-large showing signs go slowly waking up after a...
25Feb9:17 amEST
Weekend Overview and Analysis 02/25/24 {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...