Daily Archives: April 4, 2024
Showing articles 1 - 2 (2 total)
08Jul3:23 pmEST
Let's Crack Open the Other PBR This Summer
PBR is shorthand for Pabst Blue Ribbon, a classic American pilsner. It is also the ticker symbol for Petróleo Brasileiro S.A. (Petrobras) a semi-public Brazilian oil giant headquartered in Rio. As Members know, Brazilian stocks have quietly been on a tear in recent weeks, with the EWZ country ETF outperforming China and printing multi-month...
08Jul10:51 amEST
Low and Slow
With negative headlines and weakness in shares of both AAPL and DB this morning, we have some broad market softness starting the post-holiday week off on a dour note. The pace of the selling in the first hour or so smacks more of a "low and slow" market being grilled rather than a fast burn for bears, which is fairly typical of summer action...
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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.
