Trading Ideas
Showing articles 1 - 20 (5428 total)
29Oct3:31 pmEST
The Three Amigos the Next Three Days
I see rates are softening this afternoon after another recent push higher. Be that as it may, we have the full gauntlet of major earnings coming the next three evenings, starting with GOOGL tonight. On the GOOGL MSFT AMZN (each successively reporting the next three nights) weekly charts, below, I am still looking for the law of large numbers...
28Oct12:26 pmEST
Oil Bulls Are Captured Cowboys These Days
We are stuck in this moment now where select commodities like the precious metals and uranium/nuclear names are soundly outperforming. Meanwhile, oil is being held hostage by careful saber-rattling in the Middle East which never seems to fully escalate into a winner-take-all conflict. As a result, each time there is not an ugly escalation on...
21Oct1:58 pmEST
Royalty is Coming to America
After the run the precious metals and miners have had it is completely logical to wait for a lower risk entry on the long side. However, as we know, markets these days, especially, can be anything but logical. With rates spiraling higher again today, here are two reasonably non-extended precious miner-related plays, below, on their respective...
17Oct2:45 pmEST
Markets Used to Be Hard-Nosed and Tough
...And they will be again. For now, we have another slow session, as the Nasdaq fades well off the highs despite a massive move up in TSM after earnings. On that note, tonight we have both ISRG and NFLX reporting, respectively below on their quarterly charts. Intuitive Surgical, with its robotic surgical device, trades at around a forward PE...
16Oct12:27 pmEST
As Long as the Market is Exuberant, Let's Learn to Love the Bomb
Amazon made waves (no pun intended) this morning with a headline flashing pre-market that the iconic, innovative firm plans to invest $500 million to develop small modular reactors. As you might imagine, the entire nuclear and uranium space shot up on the news and is still right near session highs virtually across the board as I write this....
15Oct2:54 pmEST
Get Your ASML Out of the Road
Earlier in the session the Dutch-based semiconductor ASML saw its earnings number leak online. The firm cut sales and guidance numbers, to the point where the CEO felt it necessary to try to assuage fears from market players. Still, as I write this into the final hour we have ASML down 17%. Previously, we noted ASML as an actionable short idea...
10Oct12:02 pmEST
I See the Stag and the Flation
"I was around for stagflation, and it was 10% unemployment, it was high-single-digit inflation. Right now we have 3% growth, which is pretty solid growth, I would, say by any measure, and we have inflation running under 3%,” said Powell, who is right about growth if looking at final sales to domestic purchasers, and correct about inflation if...
09Oct2:20 pmEST
A Wounded Wolf is Especially Dangerous
As we saw with China plays over the last few weeks there is tons of risk in any and all crowded trades in a bifurcated market coming unglued at the drop of a hat. While I believe that day is coming as far as crowded longs in the Mag7 names, semiconductors, and other assorted plays like CAVA COST PLTR WING, among others, it of course applies to...
08Oct1:31 pmEST
Judging That First Real Dip
Amid renewed political will in America for nuclear energy to help power AI, on top of continuous Middle East escalations, we have seen uranium stocks enjoy an impressive early-autumn trading period as a group. In the last few sessions we finally got some dips to judge, insofar as whether the sector's notorious reputation for unforgiving...
03Oct2:59 pmEST
Let Me Explain Sumin' to You
The complacency in both markets and society at-large regarding the longshoreman strike is extreme but not surprising considering we are in the midst of one of the most forgiving markets in modern history, coupled with a generation or two who has not seen a crippling nationwide strike's deleterious effects on the economy and morale. Putting to...
02Oct11:29 amEST
Back in Town
After taking a few months off this summer to allow the initial rate cut euphoria to run its course, I am now "back in town" in the bond market and betting the short side on Treasuries, looking for higher rates in the belly and long end of the curve. Much like the 1970s with the oil embargo and wage/price spiral, we now have several seemingly...
30Sep12:39 pmEST
The Ruins of Quarters Past
Today's closing bell marks the end of the month of September as well as the third quarter of trading, making the quarterly candlesticks on charts fully complete. For a lesson in history, consider the quarterly candles that Cisco, the star of the dot-com bubble twenty-five years ago, was sporting at the turn of the century on the first...
26Sep1:49 pmEST
Basic Hurricane Plays
"Helene" is currently a Category 2 hurricane with wind speeds of 105 miles per hour, and is expected to make landfall this evening along Florida's northern and western regions. Even to the most seasoned weather and hurricane experts there is a wide degree of unknowns regarding just how bad things could get, or whether the entire ordeal could...
25Sep12:53 pmEST
Leaders Lead in Both Directions
Any pretense of Goldman Sachs being the premier banking house on Wall Street (recall 2008, for example, with Warren Buffett buying perpetual preferred shares to ward off short sellers at the depth of the crisis) has long been disposed of, as JPMorgan Chase and its highly visible CEO Jamie Dimon is clearly on top. JPM is the largest-weighted...
24Sep1:21 pmEST
Sweet and Sour Stimulus
Overnight we saw that China announced its most significant stimulus package since pandemic. In response, China stocks traded as ADRs in America, such as BABA BIDU JD NTES PDD, just to name a few, are all gapping up hard as many shorts are likely caught offsides on top of the usual momentum chasers piling on the long side. While I disagree with...
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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.
