Daily Archives: December 12, 2023
Showing articles 1 - 2 (2 total)
15Oct3:38 pmEST
Is Sprouts Farmers Market About to Become the First Grocery Store Pot Stock?
Well, maybe not right away. But the relative and absolute strength in SFM of late, seen below on its updated daily chart, combined with how popular the WING chart has become, drives home a point that we still must stay vigilant to even the most enticing of setups in a corrective market. The reasoning behind that statement is due to how narrow...
15Oct10:57 amEST
I'm Seeing Funny Things with Pot Stocks, Man
One would objectively think that the hot money sectors in recent months would suffer violent, unforgiving drawdowns in times of market pullbacks/corrections where the major averages sharply come in to test their respective 200-day simple moving averages. The thinking goes that highest beta, riskiest sectors which appeared to be generous, cute...
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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.
