Trading Ideas
Showing articles 1 - 20 (5570 total)
10Jul2:01 pmEST
REMX for the Bull Market Remix
One of the more fascinating aspects about the stagflation of the 1970s was that even as the NIFTY FIFTY bubble finally popped and saw the major indices get cut in half, gold, oil, and most commodities in general thrived. It was not the deep depression of the 1930s where virtually everything deflated. Now, part of that may be due to 1971, when...
09Jul3:17 pmEST
Not Natural, But Strong
Amazon saw its big summer Prime Day sales down 41%, year over year, in the first day of their four-day event yesterday. In addition, Jeff Bezos just unloaded over $600 million worth of Amazon shares to the open market. And, yet, Amazon is higher today as the likes of META NVDA lead the Nasdaq. With the Fed Minutes coming in more or less as...
08Jul3:38 pmEST
Halitosis Ruins a Market That's Expialidocious
We are winding down a fairly stale summer session today, as Trump's 50% copper tariff likely marks the big news of the day (See: FCX rallying sharply and improving in recent months, as we noted previously here and with Members). Tomorrow afternoon's Fed Minutes (from the last FOMC meeting in June) figure to be the big known macro event of an...
07Jul11:35 amEST
Stocks Down, Rates Up
Coming off the long holiday weekend, despite the best efforts of the Treasury Secretary during multiple television appearances to promote imminent trade deals as well as insinuating that he may be the next Fed Chair (or shadow Fed Chair) in order to quickly lower rates, we have stocks lower and rates on the 10-Year Note higher. For a good...
02Jul11:51 amEST
It's a Marathon, Man
Most commodity miners are having an impressive session, with the XME (ETF for materials miners) surging 3.67% as I write this after recapturing its 200-day moving average after Memorial Day. Copper, coal, palladium, and platinum are mostly leading the charge. But let us not forget that gold was way ahead of this move, rallying sharply since...
01Jul12:56 pmEST
Big Round Top and Little Round Top
Shares of both Ford and General Motors are rallying sharply today and, frankly, look more technically appealing than they have in recent memory. This move is in no small part due to Tesla's trials and tribulations, namely the potential fallout from a Trump/Musk feud which intermittently alternates between being schoolyard amusement and...
30Jun2:14 pmEST
Who Needs Viagra When There's Netflix?
You can take the title of this blog post in any number of ways. But for our purposes we want to reiterate the gargantuan quarterly candles across most of the Nasdaq itself as well as its constituents. Non-Nasdaq stocks and sectors also apply, given the ferocity of the selloff in March and the snapback since early-April. Thus, as we wind down...
26Jun2:47 pmEST
T.I.A. for Your P.G.M.'s
Platinum group metals (PGMs) refer to a group of six chemically similar, precious metallic elements: platinum, palladium, rhodium, ruthenium, osmium, and iridium. The PGMs encompass the "other" precious metals, frequently overlooked beyond gold and silver. Thus, a firm like Johannesburg, South Africa-based Sibanye-Stillwater (SBSW, below on the...
24Jun2:44 pmEST
Come and Get Me, Copper
It seems difficult to look through the Iran/Israel ceasefire jubilation in markets this week, with equities squeezing higher while oil gets slammed lower. However, it is worth noting that Fed Chair Powell maintained a (relatively, for him) hawkish stance during the first day of his two-day testimony before the House Committee today. In other...
23Jun3:03 pmEST
Operation Midday Hammer
On the news that Iran's retaliation today against a U.S. air base in Qatar appeared to be nothing more than face-saving theater, equities reversed back up sharply from red while crude oil plunged, with the USO ETF down by more than 7% as I write this. I do not doubt the assertion that tensions with Iran may begin to subside if these...
18Jun3:32 pmEST
Is This Powell's Waterloo?
"Waterloo" commonly refers to a decisive or crushing defeat. This meaning originates from the Battle of Waterloo, fought in 1815 near Waterloo, Belgium, where Napoleon Bonaparte suffered a final, devastating loss. The term is often used in the idiom "meet one's Waterloo," meaning to face a final, insurmountable obstacle or defeat. In his...
17Jun3:10 pmEST
It's Taking its Ayatollah on Me
I must admit that the swirling headlines about trade deals and now the potential for American to officially enter into World War III has become more tedious than usual regarding the knee-jerk reactions by the markets (and general indecision). All of this seems to have drowned out tomorrow's FOMC. However, it is a mistake to overlook The Fed...
16Jun3:00 pmEST
Dazed and Confused Stocks
Even with escalations over the weekend between Iran and Israel the "nothing ever happens" mantra/meme on Wall Street seems more relevant than ever with equities rallying today after last Friday's initial selloff. Semiconductors and the Nasdaq, overall, are leading the move, while various rate-sensitive sectors like REITs (IYR), housing, and...
11Jun2:20 pmEST
Ceremonial Viciousness
I find it hard to believe in a pure coincidence regarding this afternoon's fade in equities just as the IWM finally--finally--tagged its 200-day moving average from below. As you know, the Dow, S&P, and Nasdaq have all tagged and exceeded their respective 200-day moving averages during this rally since April. All that was left was for the...
10Jun12:03 pmEST
Subtle Detective Work
On the surface it seems like another low volume session drifting slightly higher for the major indices, even with some major American cities like Los Angeles facing various disruptions from protests, riots, and looting. From my perch the market seems far more focused with the ongoing trade talks with China and looming inflation data tomorrow...
09Jun2:45 pmEST
Try This for a Thought Experiment
Imagine you find yourself at a cocktail party with traders who mostly began getting involved with markets around the pandemic. Over the course of the evening you make your way around the room and chat up virtually everyone there. To be sure, all of them would be familiar with ubiquitous themes and tickers like AI, NVDA, PLTR, Magnificent 7...
FOLLOW chessNwine
MARKET CHESS SUBSCRIPTION SERVICES
Full-Length Video Recaps & Strategy Sessions
Private Twitter Feed Access
Custom Videos Tailored to You
chessNwine HAS BEEN SEEN ON
Top Pages
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.
