Trading Ideas
Showing articles 61 - 80 (5507 total)
02Dec2:31 pmEST
SMCI's One-Person Committee is Part of a Team
Courtesy of @unusual_whales on X: Super Micro Computer, $SMCI, announced the completion of a review by an independent Special Committee, which consisted of only one person, and which found no evidence of misconduct or fraud by the company’s management or Board. As ridiculous as a one-person "Special Committee" sounds, especially for...
29Nov9:07 amEST
Morning Prep 11/29/24 {Video}
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26Nov3:09 pmEST
Saylor is Due for Rough Seas
The broad market continues to sleepwalk sideways-to-higher on a daily basis as we zoom towards the holiday season. Tomorrow is one of the most traveled days of the years (apparently the busiest day of travel each year is the Sunday after Thanksgiving), but we do have a deluge of data tomorrow morning which could move markets. That said, the...
25Nov2:53 pmEST
Beset By Bessent, And Other Political Trades
I have traded through enough presidential cycles to know that it is not just Trump, and it is not just Republicans--Every single new administration is full of guesswork on Wall Street as to the next "hot trade" based on the incoming President. However, more often than not those trades wind up being short-lived, whether it be Obama and clean...
21Nov1:46 pmEST
A Sippy Cup of Milk to Start
Seeing as I still view most commodities as being their " sippy cup of milk" stage as we embark on entrenched inflation and slowing economic growth in the coming years, the recent hard shakeouts in the precious metals and miners did not come as much of a surprise. Instead, what is more important going forward is that we see actual evidence of...
20Nov1:24 pmEST
The Trouble with Retail is That It's Full of Stocks
On the back of the Lowe's earnings selloff we noted yesterday we now have shares of Target getting body slammed by more this 22% as I write this after its own report this morning. Once again, all roads in equities lead to NVDA earnings tonight, as it is the largest firm by market cap in the world (over $3.5 trillion) and the premier...
19Nov3:22 pmEST
A Market So High it Ignores the Lowe's
The market still seems to be of the mind to rally the narrow pocket of growth stocks into NVDA's earnings tomorrow evening, with the likes of MSTR PLTR SMCI and the aforementioned NVDA all snapping back today. As usual, this market is also ignoring the likes of Lowe's reporting a year over year drop in earnings, with do-it-yourself demand for...
18Nov2:05 pmEST
And Just Like That, SMCI is (Not) Fixed
The headlines today about SMCI read, "Super Micro Stock Jumps As Data Center Firm Preps Plan To Avoid Delisting" (courtesy of Investor's Business Daily ). The stock is up more than 20% as I write this. Bulls may want to think long and hard on that one--A massive relief rally in a mere plan to avoid a delisting for a stock in the hottest...
14Nov4:41 pmEST
Stock Market Recap 11/14/24 {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...
12Nov3:31 pmEST
Why the Pain Trade in Rates is Still Higher
Yesterday was a bond market holiday. However, TLT (ETF for Treasuries) still traded. In previous years I have seen bond bulls use this opportunity as a free pass of sorts to rally the ETF (as this ETF goes up, rates go down, generally speaking). But that did not happen yesterday on Veterans Day. And now today we have TLT in the midst of...
11Nov1:32 pmEST
Three Card Monte Market
There are so many moving parts to the current market, with aggressive daily rotations and dispersion, that it can drive one mad to try to time every near-term top and bottom across the board. At times it really does seem like a street hustle of three card monte. Overall, I still view the underperformance of semis and some mega cap tech as a...
10Nov11:13 amEST
Weekend Overview and Analysis 11/10/24 {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...
07Nov3:41 pmEST
Back in the Metals, Planning to Add
To keep things actionable around here, precious metals and derivative miners seem to be finding a bid after their recent harsh shakeouts. Fed Chair Powell's presser today featured more of the same from him, downplaying inflation risks and severely disrespecting the possibility of the dreaded stagflationary environment like the 1970s, with...
06Nov2:27 pmEST
I Bet You Wish You Had a Whirlpool Now
We have tons of violent moves across asset classes today on the back of the Trump victory overnight. However, I maintain my view that the bond market selloff, especially on the long end of the curve, will only prove more significant (and more menacing) over time--Case in point, we have the IYR getting pounded today amid the explosive overall...
04Nov3:15 pmEST
A Big Hurdle to Clear, But Well Worth It
With everything going on this week it is going to be easy to overlook potential false breakdowns in both oil and natural gas, respectively below on their ETF's daily charts. As you can see both oil and natty have been abysmal in recent weeks. But today natty is rallying nicely while oil is continuing to climb since finding buyers late last...
31Oct2:02 pmEST
Leaving Las Vegas Without Spending So Much
Casino operator MGM is being sold aggressively today despite trying to sound optimistic on its earnings call after reporting record net revenue, pointing to long-term opportunities in China, Japan, and online with BetMGM. Be that as it may, the firm missed on bottom line earnings and is being punished in kind by the market. For our purposes,...
29Oct3:31 pmEST
The Three Amigos the Next Three Days
I see rates are softening this afternoon after another recent push higher. Be that as it may, we have the full gauntlet of major earnings coming the next three evenings, starting with GOOGL tonight. On the GOOGL MSFT AMZN (each successively reporting the next three nights) weekly charts, below, I am still looking for the law of large numbers...
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About
“chessNwine” has been a popular trader and financial blogger since 2009. His work has appeared in The Wall Street Journal Online Edition, Yahoo Finance, TheStreet.com, Josh Brown’s The Reformed Broker blog, AbnormalReturns.com, Barry Ritholtz’s The Big Picture blog, and the “Suggested” stream on Stocktwits.com.
