Trading Ideas
Showing articles 1 - 20 (5342 total)
15May1:06 pmEST
Making Sense of Irrationality
Stocks continue to celebrate virtually any and all news, be it hot prints, cool prints, strong or soft economic data. History tells us we are seeing all of the classic signs of a major market top, from the meme stock squeezes to sentiment, positioning, valuation of a narrow group of leaders, to divergences for years in small caps, transports,...
07May1:08 pmEST
Chasing the Mystery
Much debate is currently swirling about whether we are, in fact, seeing another wave higher of inflation or, instead, inflation is either flat-lining or even receding. There seem to be intelligent, well-studied folks on both sides of that debate. Housing and rents figure to be the tiebreaker. And as we know, real estate can be inherently local...
06May12:31 pmEST
The Time is Now for Commodities
While skeptics will surely point to the recent unwind in cocoa's parabolic move, the reality is that commodities are staging an impressive, broad-based rally today after some generally mild recent consolidations almost across the board. You may also notice that some of the more notorious commodities, regarding prior false breakouts and...
30Apr1:11 pmEST
Occam's Razor Earnings Season
Although the headlines last Thursday evening noted that Microsoft was "surging" after earnings alongside GOOGL, the aftermath has been anything but that for "Mister Softee." As a reminder, MSFT is the largest publicly-traded firm in America, at nearly $3 trillion. A blowout earnings rally in AAPL NVDA, or further rampage in GOOGL may unseat...
29Apr11:54 amEST
I Refuse to Believe the Fix is In
Watching Eight Men Out (1988), one of my favorite all-time period piece historical films, again last evening, I thought about some emails I received from readers of late positing that "they" simply will not let the market fall in an election year. If you have seen the film then you know the relevance of considering whether markets are...
25Apr11:48 amEST
NVIDIA: Noise or Nonstop Momentum?
Even with the sharp META selloff, semiconductors are one of the clear morning winners as Zuck and his team emphasized on the conference calls that he will be spending money on AI. Thus, NVIDIA is out in front of the group. That said, on the updated NVDA daily chart, below, now more than ever it is important to focus on the context of these...
22Apr12:48 pmEST
Shaking the Tree
Equities are kicking off an extremely busy week of earnings and macro news with a relief rally from near-term oversold conditions arrived at after the sharp selloff in the Nasdaq into last Friday. Commodities are mostly getting sold, with the exception of natural gas and some lagging ags like wheat, which probably illustrates the correlations...
21Apr10:46 amEST
Weekend Overview and Analysis 04/21/24 {Video}
The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. Please click here for more...
18Apr2:08 pmEST
Now We See How Much of a Leader Apple Remains
In a testament to just how rabid the animal spirits have become on Wall Street these days, the glaring weakness in Apple in 2024, heretofore, has barely put a dent in the broad market for all of winter and a fair amount of Q2. No, for all of Q1 the likes of NVDA and SMCI, not to mention Magnificent 7 peers like MSFT META NFLX, and others,...
17Apr11:52 amEST
One DJT is More Important Than the Other DJT
During this election year, especially, amid the news flow and court proceedings it is completely understandable why the Trump Media new ticker, DJT, would garner plenty of attention from traders and even Main Street casual market watchers alike. However, from my perch the other DJT, which stands for Dow Jones Transportation Average ticker, on...
16Apr3:10 pmEST
Sending Out an SOS on the SPR
It has been a tedious, choppy, back-and-forth session for the most part today. Apple is notably weak and in danger of giving up all of its recent bounce. And that seem especially bearish given how so many folks seemed hell-bent on precisely calling the bottom in the name to bet on considerable, imminent upside. Powell gave some hawkish remarks...
15Apr11:25 amEST
Don't Lead Me On
While I am certainly no stranger to the variance (volatility) associated with all forms of speculation and gambling, the sheer amount of gaps-up-and-then-fight-to-fade-all-day we have seen in this market rivals anything I have ever seen. Over the weekend I went back in time and studied the price action from the 1970s on as many timeframes as I...
14Apr11:32 amEST
Weekend Overview and Analysis 04/14/24 {Video}
The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. Please click here for more...
10Apr12:35 pmEST
Inflation Whiplash
Another hot CPI report this morning, with emphasis on gasoline and shelter prices, has doves running for cover as rates on the 10-Year push above 4.5%. An earlier dip-buy attempt in equities seemed initially convincing but has since sputtered. Overall, inflation looks to be staging another leg higher for a kind of whiplash effect off what many...
04Apr3:16 pmEST
Changes In Latitudes, Changes In Attitudes
After being one of the undisputed monsters off the pre-Halloween low, AMD is now displaying serious signs of changes in latitudes and changes in price attitudes . More importantly, the relevant issues for us is whether the large semiconductor play is functioning as a leader to the downside now, too, after clearly being one of the leaders to...