Trading Ideas
Showing articles 1 - 20 (5701 total)
19Feb12:54 pmEST
Dow Credit Card Drama
Despite still being in the Dow Jones Industrial Average, American Express has almost half the market cap as non-Dow component Mastercard, obviously another credit card play. Visa, of course, is bigger than both AXP and MA and is also in the Dow. Although we do not analyze the Dow as frequently as we do the other indices due to its narrow (only...
17Feb1:02 pmEST
Deny All You Want, This is Reality
You may have noticed a strong rotation into defensive names of late, particularly those offering reasonable valuation and a reliable dividend. Indeed, the XLP (consumer staples) and XLU (utilities) ETFs have thrived so far in 2026, in addition to the industrials in the XLI ETF. At the cross-section of several of those sectors we have the...
12Feb1:17 pmEST
Markets Do Indeed Have a Sense of Humor
The star of the dot-com bubble was Cisco, updated below on the quarterly chart. After earnings, CSCO is selling off today on the back of pressure from memory chip pricing. But the larger point is that Cisco finally--finally!--made its way back to its prior dot-com bubble highs after twenty-five years of meandering price action. The stock came...
10Feb2:36 pmEST
Until it Bends in the End
"The trend is your friend until it bends in the end." -Old Wall Street saying Software stocks in the IGV ETF are off to a terrible start in 2026. They were already out of favor, especially relative to other tech names like the memory segment of chips, since late-2025. But the slide became apparent to kick off the new year. However, beginning...
09Feb1:02 pmEST
Now We're Cooking with Gas!
The UGA ETF (below on the daily chart, zoomed-out) tracks RBOB gasoline futures contracts traded on the NYMEX. It is designed to reflect the spot price of unleaded gasoline in lieu of prices at the pump, which of course can fluctuate wildly in differences parts of the country. As you can see, UGA is trading today at its highest level since...
05Feb2:41 pmEST
Did Bezos Really Leave Jassy Holding the Bag?
Andy Jassy became CEO of Amazon on July 5th, 2021, taking over for the great Jeff Bezos. The move came several months before shares of AMZN would top out for the next few years and not print new highs until mid-2024. That said, we know Amazon has since made a series of new highs into early-November 2025 before cooling off. Still, I cannot help...
04Feb1:59 pmEST
Pop Quiz, Hotshot!
Pop quiz, Hotshot! Are you more familiar with the CEO of Palantir's hair than you are with the actual business model of Palantir? Are you more familiar with the CEO of Palantir mocking the stock's short-sellers (the stock has almost no more shorts left to squeeze, however) than you are with the actual business model of Palantir? Are you...
03Feb3:31 pmEST
Reminder: This is Still Nothing
The VIX remains below 20 even as software stocks in the IGV ETF slide further with a rather steep angle of descent. Palantir earnings failed to ignite a broad market rally. And the partial government shutdown ending this afternoon failed to spark much for rally, too. That said, dip-buyers are vocal that this selling is overdone. After all,...
02Feb12:08 pmEST
The Path Forward for Gold
The gold metal ETF, below on the zoomed-out daily timeframe, has not precisely tested its 200-day simple moving average (yellow line, arrow) in more than two years. In that regard, the move we have seen has obviously been an incredible outlier. It is all too tempting to declare a major, multi-year top to gold, as many are now doing, given...
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...
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“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.
