Trading Ideas
Showing articles 1 - 20 (5689 total)
29Jan10:32 amEST
The Music Stops When it Stops
The latest melt-up in many key semiconductor stocks came as software stocks slumped to a glaring degree. In fact, the spread between the two segments of the Nasdaq reached such levels that bulls were pounding the table (and still may be) that an "obvious" rotation trade would soon be underway. Specifically, they advocated to lighten up on the...
27Jan2:06 pmEST
A Warning to the "Yeah, But Oil" Crowd
Throughout the course of this inflationary regime, with CPI and PCE both running well above "target," as prescribed by The Fed, for many years now, quite a few folks have countered with the argument that crude oil has not been out of hand or anything close to it. Thus, they reckoned that inflation has been overhyped and the true risk was and is...
26Jan10:48 amEST
Enjoy Your Retirement, Bob the Jeweler
A few years ago, when gold was trading around $1900 per troy ounce, I found myself in a highly regarded jewelry store near me to pick up an old, nice watch I had them fix (with some gold in it). The nice gentleman behind the counter, we'll call him Bob, began to chat me up. One thing led to another, and he broached the topic of the market price...
21Jan3:34 pmEST
Ye Olde Framework Trick
After a back-and-forth session for much of the day, including a sizable fade off the morning highs, stocks shot higher this afternoon on breaking news that Trump had called off Europe tariffs relating to Greenland on the back of a "framework" for a deal. Needless to say, we have seen this dance before, with the TACO acronym coming to mind--It...
20Jan1:49 pmEST
Red on Greenland
This time of year is typically when markets have no choice but to (finally) face reality. The holidays are long gone. We just had a three day weekend and will not have a scheduled holiday again for about a month. We are basically a full year into Trump's second term. Winter has been potent but figures to just be getting started. The days may be...
15Jan3:31 pmEST
Robinhood: Longs in Tights
One of the consequences of the liquidity bonanza which markets have enjoyed for many years now is that the hottest of stocks which should be forecasting future business leaders of America eventually turn sour and are subsequently ignored by investors and speculators alike. Mind you, I am well aware of creative destruction in capitalism, and...
14Jan1:50 pmEST
Just Another Toll Booth Willie, Right?
Last Friday, President Trump fired off a post on his Truth Social platform declaring that interest rates on credit cards should be limited to 10% for one year, beginning on January 20th. He did not specify how such a cap might be introduced or whether such a move would be legally enforceable. But the market took note: Credit card and bank...
13Jan1:15 pmEST
Misfire!
We charted the potential crude oil false breakdown last week on social media and with Members. However, given the upside follow-through we are seeing today it seems instructive to acknowledge it here. On the USO ETF daily chart, below, we can see multiple attempts to sustain a fresh breakdown in oil in recent weeks, especially given the...
12Jan11:25 amEST
All of a Sudden He's Got a Backbone
An uncharacteristically confrontational and sharply-worded video response released last evening by Fed Chair Jerome Powell has clearly become the top story for markets today, as Powell said the Department of Justice had subpoenaed the Federal Reserve under threat of criminal indictment. While equities are largely shrugging this news off as we...
08Jan3:10 pmEST
The Limbo Feeling Hot, Hot, Hot
If you are old enough to remember the Limbo dance game at a party, then you know it was usually accompanied by this song . And that reminds me of the current market landscape, where the clear consensus is that "they" (the White House, Congress, The Fed, etc.) will let things run hot, hot, hot in the markets and economy all the while talking...
07Jan2:46 pmEST
MGM Headed for Another Grand Top
The major brick and mortar casino stocks, LVS MGM WYNN, are all down around 3% or more as I write this. LVS and WYNN have plenty of Macau and international exposure. But MGM remains chock full of properties up and down the Las Vegas Strip, such Bellagio, ARIA, MGM Grand, Mandalay Bay, Park MGM, New York-New York, Luxor, and Excalibur, as well...
06Jan1:35 pmEST
The Best of Tech Times, The Worst of Tech Times
With the major indices rallying again today it seems hard to believe that the Magnificent 7 ETF, first below on the daily timeframe, is flashing red. Furthermore, MAGS has been dropping steadily since the Friday after Christmas. But with Apple, GOOGL, and now Tesla unwinding, it seems to be weighing on the ETF. On the opposite side of tech...
31Dec12:04 pmEST
The Royal "They"
(Painting: Tax Collectors by Quinten Massys [1466–1530]) As we count down the final hours of 2025, equities are mired in an underwhelming "Santa Rally" period, thus far. To be fair, the Santa Rally does not officially conclude until next Monday, January 5th, 2026, at the closing bell. Also, just because the Santa Rally disappoints it...
29Dec2:20 pmEST
"A" Top Versus "The" Top
I must say that it is a bit rich to see how many of the same folks who deny AI/tech is in a bubble are quick to call the big, bad, top to precious metals after their recent run. While it is certainly true that silver, palladium (below, on the daily chart for the PALL ETF), and platinum have all seen abnormal spikes in recent sessions, the...
23Dec3:36 pmEST
Go to Australia for the Final Puzzle Piece
Melbourne, Australia-based. BHP (formerly BHP Billiton) is valued just north of $150 billion market cap currently. As far as miners go, that is pretty much as big as it gets. The firm focuses on non-precious materials, such as iron ore, copper, metallurgical (steelmaking) coal, nickel, and potash (for fertilizer). Alongside other larger global...
22Dec1:50 pmEST
Christmas Week Drift
We have two and a half trading sessions this week before Christmas Day on Thursday, followed by what should be a ghost town of a full session on Friday. To be sure, plenty of market players have already closed up shop for this calendar year and are on holiday until January 5th, 2026. But for those sticking around we have identified some...
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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.
