Trading Ideas
Showing articles 1 - 20 (5645 total)
06Nov3:22 pmEST
Don't Stay at the Casino Too Late
I see the President is out today again reminding everyone not to be a "Panican" due to a booming stock market and falling oil and gas prices, as well as falling egg prices. Putting to one side the sustainability of this type of a micromanaging/cheerleading the daily moves in markets from the White House, I do take issue with the President...
05Nov2:34 pmEST
Groundhog Day on a Constant Loop
The recurring theme of the Nasdaq and, indeed, senior indices for a few years now has been the constant snapback rallies after any and all temporary bouts of weakness. Earlier this year we did see a correction which bottomed in early-April for another V-shaped bottom. Since then, even the slightest weakness has been immediately gobbled up for...
04Nov2:48 pmEST
Tear Down the Jets, Tear Down the JETS
It sure feels like this is the one trading session in recent memory where we did not see an overnight/morning headline bonanza of Sam Altman/OpenAI/NVDA/Scott Bessent/Trump pumping up markets. Of course, we are now seeing a nice selloff today led by PLTR's earnings dump. Furthermore, there is a sense of complacency by many that since we are now...
03Nov2:33 pmEST
Let's Not Cry Over Spilled Gamma
This earnings theme of this week will be a slew of some of the hottest momentum/meme stocks both of this year and this decade, namely PLTR HIMS HOOD, even AMC, among many others like AMD TTD UPST. And that seems appropriate at the moment, given what is known as the "dispersion" of this tape reaching a fever pitch. As my friend Jon Krinsky...
30Oct1:20 pmEST
Temporary Prosperity is Ending
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists." -Ernest Hemingway Tempting as it may be for bears to cherry-pick the META earnings selloff and ignore the GOOGL rally...
29Oct3:19 pmEST
Strung Out
After the FOMC cut rates 25bps as expected earlier this afternoon, Fed Chair Powell seemed to upset markets by suggesting that the December FOMC would not automatically continue with the rate cutting regime. Of course, as is his reputation, he then seemed to assuage markets by noting that The Fed did not see an asset bubble in AI, which saw...
27Oct2:27 pmEST
Playing with Fire
Much like with oil, perhaps the only thing really holding back prices from truly getting even more out of hand for the consumer has been the soft ags lagging. But if that changes and we see corn, soybeans (the latest political football between the U.S. and China) and wheat, all respectively below on their daily chart ETFs/Funds/ETNs, begin to...
23Oct2:48 pmEST
The Rally That Wasn't There
It truly does not seem like much of a controversial statement to suggest that the last thing most market players and pundits (including jaded oil bulls) expect is a powerful, sustained rally in crude and the entire oil complex, going forward. After all, as you can see on the first monthly chart, below, of the USO ETF for crude oil, we have...
22Oct1:13 pmEST
Keeping it Fair and Balanced on Netflix
Netflix is gapping down hard after earnings, as the tech portion of earnings season is officially underway. That said, with a market cap less than $500 billion as I write this, bulls are correct to counter that NFLX is not truly a mega market leader like it has been in previous cycles. Simply put, NFLX is not in the same league as AAPL GOOGL...
21Oct3:43 pmEST
Fake Meat for a Fake Market
We are at the phase of this market cycle where a downtrodden name like Beyond Meat below on the monthly chart, simply being added to a meme stock ETF , is sufficient to ignite a 130% (not a typo) short squeeze higher for the plant-based meat alternative. Mind you, this is a firm whose products have generally missed the mark repeatedly, as...
20Oct2:13 pmEST
A Tough Score to Take Down
Amidst all of the trade war ballyhoo, on top of all of the other swirling headlines about various markets and politics these days, it is likely true that natural gas is the last thing on just about everyone's minds. After all, the commodity has a vicious reputation for breaking the hearts and minds of bulls over a period of many, many years,...
16Oct3:27 pmEST
The VIX Says No More Wham Bam Thank You Ma'am
Since the initial volatility crush off the lows in equities back in April we have seen various and ephemeral spikes in the VIX all quickly erode above the 20 level. Simply put, as it pertains to VIX spikes: If you blinked, you missed it. Recently, however, we have been noting here and with Members that the VIX had been diverging from the...
15Oct3:40 pmEST
Sick, Twisted Market
The Nasdaq Top 100 ETF is still showing strong sensitivity to last Friday's midpoint during that big selloff, as seen on the updated 30-minute chart, below, for the QQQ. Even today during midday highs we saw sellers eager to sell into China-related headlines, even if bears continue to struggle to follow-through lower. Hence, the near-term...
14Oct3:14 pmEST
People of Walmart Becomes Robots of Walmart
One of the hallmarks of the dot-com bubble over twenty-five years ago was seeing companies added ".com" to their names (or, perhaps, adding "e" prefixes to the name). These announcements would typically lead to an instant spike in share prices, as the firms would signal, however superficially, that they were now part of the "in" group of hot...
13Oct2:31 pmEST
Long Live the SS Gairsoppa!
Despite (or, perhaps, because of) how many were adamant that gold had topped out last week we have the precious metals and miners extending higher yet again today alongside the reflex rally in equities. This sort of price action make it excruciatingly difficult to establish new long positions in the precious metals and miners, as the likes of...
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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.
