Trading Ideas
Showing articles 161 - 180 (5196 total)
03Feb10:05 amEST
Hot is Cold; Cold is Hot
This morning's red hot jobs report is likely the start of a series of data which I expect to force The Fed to rethink its recent softening hawkish stance. The CPI on February 14th figures to be the next prime-time report, as market players decide if good news is bad for markets due to pressure on The Fed and bad news is good as it would give...
02Feb4:22 pmEST
Stock Market Recap 02/02/23 {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...
02Feb10:12 amEST
Punxsutawney Phil Sees Six More Weeks Until the Next FOMC
A rather subdued Jerome Powell (one who is aiming high at sticking a soft landing) at yesterday's FOMC press conference galvanized growth/tech stock and high beta bulls to run free, spilling over into this morning's open as META is up around 20% as I write this. Granted, we have AAPL AMZN GOOGL tonight, then the jobs report tomorrow morning. ...
01Feb4:59 pmEST
Stock Market Recap 02/01/23 {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...
31Jan10:28 amEST
Another Wild Ride for Caterpillar Ends
Despite beating on revenue, Caterpillar missed on earnings and reported a struggle with costs in its latest quarterly this morning. The Big CAT is often a bellwether for industrials. And you can see for yourself the epic overall bull trend the last decade or two on the monthly timeframe, below. Just as the 2011-2012 multi-year top featured...
30Jan10:04 amEST
Easy There, Guy, with Your "Base Breakouts"
It has been so long since we have seen a protracted bear market (in terms of duration, not the March 2020 percentage drop) that I suspect even many veteran traders have forgotten just how frustrating bears can become just when you think you have correctly declared the bottom. Specifically, protracted bear markets so often superficially feature...
29Jan10:43 amEST
Weekend Overview and Analysis 01/29/23 {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...
27Jan11:27 amEST
Do More Scouting Before You Claim Victory
Considering the Nasdaq and other major indices still have down sloping 200-day simple moving averages, I am amazed at how many market veterans (let alone the newcomers since 2020) are declaring the bear market dead and a new bull market underway. Then again, this is recency bias at work, what with the one-way spectacular rally we saw off the...
26Jan5:06 pmEST
Stock Market Recap 01/26/23 {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...
26Jan10:45 amEST
Update on Tesla
It occurred to me--as I noticed tons of rapid Tesla bulls and bears had blocked me on Twitter over the years and I had never directly interacted with virtually any of them--that the TSLA crowd continues to be as cult-like as any in global markets, perhaps aside from Bitcoin or (dovetailing with crypto). As an example, I bet my TSLA bullish...
25Jan3:55 pmEST
Stock Market Recap 01/25/23 {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...
25Jan10:34 amEST
The "Easy" Trade Setup
To be sure, there is no such thing as an "easy" trade in markets. In virtually all forms of speculation, you will hear many arrogant types boast about how great they are and how it all comes so easy to them. As an example, I cannot tell you how many brash poker players I have seen go on a hot streak and literally lecture the loser of a given...
24Jan4:48 pmEST
Stock Market Recap 01/24/23 {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...
24Jan10:58 amEST
This Market is a Real Glitch
After a slew of halts off the open in some major names due to a NYSE glitch, it appears as though we are back to normal as dip-buyers make their daily effort. Glitches aside, Microsoft earnings this evening, followed by TSLA tomorrow night, figure to be the next immediate market moving events. And then the main event should be the FOMC next...
23Jan11:37 amEST
On a Collision Course
Courtesy of @WallStJesus, the chart below shows financial conditions easing considerably in recent months. And that goes double since the start of 2023. The market is clearly not interested in thinking too far ahead beyond trying to price in the bold assumption that The Fed will not only pause their rates hike soon but actually start easing in...
22Jan10:29 amEST
Weekend Overview and Analysis 01/22/23 {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...
20Jan11:00 amEST
The New Bull Argument: All You Can Eat Layoffs!
Just as someone will desperately try to escape quicksand at any costs and latch onto anything they can when they realize they are not positioned properly for it, so too are bulls who likely deep down know they are now fighting a losing battle (i.e. fighting a tightening Fed) amid slowing growth if not contraction. As the quicksand becomes more...
19Jan11:09 amEST
Louis, I Think This is the Beginning of a Beautiful Reversal
Despite a flurry of calls for a new bull market, you will note that the Nasdaq Composite Index, below on the updated daily chart, remains soundly below a declining 200-day simple moving average (yellow line). From a technical perspective, this is the essence of a bearish trend. And while I doubt the Nasdaq will lead the next bull market I also...
18Jan4:54 pmEST
Stock Market Recap 01/18/23 {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...
18Jan12:04 pmEST
Central Banks Are Not Absolved of Their Sins
The Bank of Japan will kick the can all it wants, as it did overnight by continuing their Yield Curve Control monetary experiment, but in the end history says the final judgment will be ruthless. Considering Japan was once considered the epitome of a culture centered around honor, seeing its Central Bank devolve into a limp-wristed coward is...
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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.
