Daily Archives: May 5, 2025
Showing articles 1 - 1 (1 total)
22May1:28 pmEST
It's a Free Country, Brother
Last year I penned a blog post where I wrote that Starbucks had substantial downside. Clearly, that was wrong as the rally in 2023 as SBUX opened the year at $100.56 and went as high as $115.48 on May 1st. However, viewing the updated quarterly chart, below, as the great liquidity drain from markets has seen various long-term charts extend up...
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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.
