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Great Vid Chess as always. Do you focus at all on options in your pay site or strictly stocks ? Thanks and have a great weekend.
Thanks, Dave. RaginCajun and quite a few of our members often trade and discuss options.
Everything is going higher haha 😉
chess,,,opinion on SMG…Seasonal rebound trade…I own it
Not bad/not a great chart. Good relative strength late last week.
About financials, what’s your opinion about very possible dividend increase and buyback announcement next Wed? Maria @ FOX news already said it’s very likely.
Baked in the cake.
I think, if ever, now is the moment for mkt correction you’ve been waiting for(too eagerly) – really toppy action in my eyes. Still steadily uptrending , though
love your videos –
a question does overhang resistance dissipate the farther you are from the overhang.
in other words the dot.com crash was 14 years ago .do you really think there is significant number of investors who have kept tech stocks (and ETFs) for 14 years? enough to keep the indexes from breaking thru their highs of 14 years ago ?
Personally i am sure there is some sort of psychological resistance but i just do not think there will be significant stock overhang.
Thank you..although it may seem logical that time makes overhead supply abate, history shows usually that is not the case.