Daily Archives: September 9, 2024
Showing articles 1 - 2 (2 total)
20Jan1:32 pmEST
All the News That's Fit to Pin
Despite a gap-fill down to the open on the S&P 500 Index's ETF (SPY), the market currently has the look and feel of pinning a variety of issues as options expire. Indeed, while bears were rooting for a broad-based "sell the news" reaction to Inauguration Day, we may very well need to wait until next week for a better gauge as to how this...
20Jan10:49 amEST
Peaceful Transfer of Power in a Range
On this Inauguration Day it is surely ironic that the major indices, mired in this historically compressed range, seem to be effecting a peaceful transfer of power between buyers and sellers on a daily basis. In other words, on a day-to-day basis we have seen rather peaceful alternating action, with little in the way of follow-through one way...
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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.
