Daily Archives: May 5, 2023
Showing articles 1 - 2 (2 total)
27Jan3:02 pmEST
Dollar Doing The Fed's Dirty Work for Now
Seeing as The Fed has not actually tightened yet, the U.S. Dollar surging of late is arguably a situation where it is doing the heavy lifting for The Fed. There have been rumblings of this sort of mechanism in markets for a while now, where central bankers need only talk about the idea of tightening rather than actually tighten. But this...
27Jan11:13 amEST
Allow Me to Sober Up This Drunk Market
It is worth reiterating that violent price swings, wild indecision, overnight and intraday reversals, are all part and parcel of a corrective or even bear market. They are not the exception but, instead, the rule. And are to be expected. TSLA, for example, is now down 7% as I write this after having sold off last night, then went green, etc.....
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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.
