A taper in asset purchases by The Fed only spurred more buying in stocks, as a potent late-day rally saw the Dow Jones Industrial Average make a new closing all-time high. Some marquee names like AAPL LNKD TSLA lagged today. However, the distinct possibility of another sector rotation exists into year-end.
In this evening’s video, I discuss those topics and much more, including actionable trading ideas and specific price levels to observe, in preparing you going forward.
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can i ask your opinion Chess ?
which do you favour, BAC vs MS
& where would you start a position ?
thankyou good sir
merry christmas & Happy holidays to you and your family Chess
thanks again for all you do !
may we all be blessed with a prosperous 2014 !
Both very similar and will probably move in unison. Any further strength for a long. Stop below Wednesday’s lows. Probably favor MS
Very good update Chess.
Thank you, sir.
Looking at $X gapping up in AH.
Same here
BBBY and COST have amazing return policies. Half eaten chicken? No problem! Beard trimmer from last year? Full refund!
LoL half eaten chicken
There’s a lot to be said about customer service(?)
How can I help you, Sooz?
just responding to zookini’s post ….” Half eaten chicken? No problem! Beard trimmer from last year? Full refund!”
😉
Chess, thanks so much for the time you put into these recaps, etc…i’m curious why you choose to look at the charts for ETFs in the commodities/metal complex vs. looking at the futures charts?
Thank you….Good point, just quicker with my charting software to do that and usually more appealing to equity traders.