Daily Archives: April 4, 2024
Showing articles 1 - 2 (2 total)
26Mar3:10 pmEST
Going Through the Cycle
Bollinger Bands, the eponymous indicator John Bollinger created, are seen on the daily chart for hotel chart Marriott, below. And as one of our Members astutely notes, MAR is one of a slew of names "kissing" a 20-day simple moving average (orange line, arrows) and reversing back to red this afternoon despite another shock-and-awe rally on the...
26Mar11:08 amEST
Looking on the Bright Side
Multi-day relief rallies which are unforgiving to stubborn shorts and quickly become jaw-droppingly fast in velocity to the upside are not the exception during powerful, bearish trends. Indeed, they are the rule as they can and do materialize at various times along the way just when the data and economic prognosis seem particularly grim. Thus,...
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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.
