Daily Archives: March 3, 2025
Showing articles 1 - 2 (2 total)
20Oct1:15 pmEST
America Loves a Good Comeback Story, Usually
It is what it is. You will excuse my lack of exuberance about Bank of America's stock reaching highs not seen since the October 2008 crash, as the firm was essentially insolvent and bankrupt. Nonetheless, in the name of "protecting capitalism," the mother of all bailouts (and a short-selling ban, to boot) seemingly enabled BAC to survive an...
20Oct10:48 amEST
I Want it Done By the Book
The price action in the KRE, ETF for the regional banking sector, below on the daily timeframe, is a pretty good example of the various uses of technical jargon we here nowadays. When the KRE staged an apparent post-Labor Day breakdown (lower set of yellow arrows). it appeared to be "Katy bar the door" time for longs, seemingly destined for...
FOLLOW chessNwine
MARKET CHESS SUBSCRIPTION SERVICES
Full-Length Video Recaps & Strategy Sessions
Private Twitter Feed Access
Custom Videos Tailored to You
chessNwine HAS BEEN SEEN ON
Top Pages
About
“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.
