Tim Knight | TalkMarkets | Page 4
Managing Partner at Tim Knight Organization
Contributor's Links: Slope of Hope Slope+
Tim Knight has been charting and trading since 1987. His first stock trade was, in fact, on October 19, 1987 – the day of the crash – which perhaps goes a long way explaining his disposition toward ...more

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Diving Into Doughnuts: The Resurgence Of Krispy Kreme
Krispy Kreme seemed to be fading badly from 2005 through 2010, but it has righted its ship and come roaring back, fattening us all up more deliciously than ever.
More Cuckoo Than Ever
With cocoa prices soaring about 400% in a matter of months, going long Easter bunnies on Sunday might be a shrewd move.
Gold Flying Higher
Gold continues to strengthen, suggesting that maybe the US dollar isn’t the stalwart store of value that one would have hoped.
Make Tickers Great Again
The first day out for DJT was a smashing success, although I’d quietly point out that when DWAC was trading back in October 2021, it was substantially higher. All the same, this has been a very powerful stock for months.
Index Charts: A Uniform Story With Two Standout Exceptions
Index charts confirm: steady ascending channels without breaches for about six months, signaling the government's intent to prevent equity declines until post-election.
Boeing’s Gaping Hole
The pop this morning doesn’t change a thing. The stock is ultimately going to crater to a fraction of its present value, and all the price action did this morning was try to seal up a major price gap.
Reddit IPO: Not A Big Deal
Much has been made of the big “pop” that Reddit's IPO had on Thursday, as if that somehow heralded a new era of initial public offerings. I don’t think so.
Money-Making Meta
On the heels of Reddit’s successful couple days ago, this is eye-opening.
Plunge Bath
The data from the Fed is getting mildly interesting again. The Quantitative Tightening is still trucking right along.
MSTR Island Reversal
MicroStrategy, a former software company that has transformed itself into a Bitcoin holding company with sky-high premiums, has gone up over 1,000% over the past fifteen months.
Revisiting Utilities
I have a longstanding fondness for the Dow Utilities, but I’ve been quiet about them lately. Let me dust off this topic and review a few key charts.
Home Depot: Soaring To New Heights
The big box retailer is sporting a P/E of a little more than 25, and it has been one of the most successful stocks in U.S. history, having come public at a split-adjusted price of about a penny per share.
A Million Little Burritos
Perhaps you heard yesterday that, after the close, Chipotle (CMG​​​​​​​) announced a 50-for-1 stock split. This makes sense, because the stock is about $3,000 per share, and I don’t think they’ve ever bothered splitting it until now.
Sweetgreen: A Good Long Idea
I’ve mentioned Sweetgreen as a good long idea. This one keeps powering higher!
FOMC And The SPY
Since the eight-times-a-year FOMC is on Wednesday, I thought I’d use the Event Markers feature in SlopeCharts to see how the SPY has behaved following these days.
Fib-Friendly Tesla
Time after time TSLA respects Fib levels for support and resistance, although its moves are getting increasingly tepid, as interest in TSLA continues to wane.
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