Daily Archives: September 9, 2023
Showing articles 1 - 2 (2 total)
11Oct3:53 pmEST
Not So Happy on Columbus Day
Quick note into the bell here about the bond market being closed for Columbus Day. With growth stocks, in many spots, getting hit as rates rose of late, the lack of bounce in names like AMZN and FB today seems to be a bit odd. You can see AMZN quietly struggling below its 200-day moving average (below, yellow line) into the bell today, and FB...
11Oct10:40 amEST
Rough and Tumble Bulls
For various reasons, tech and growth-led bull runs tend to be far more aesthetically-pleasing to most and much more welcomed with open arms by retail traders. However, when it comes to commodity-led bull runs, it often takes a while to warm up to the likes of coal, oil and gas, ags, even solar plays. And then there are the materials miners....
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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.
