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Friday, April 19, 2024

Market on tender hooks

Courtesy of Read the Ticker.

market-on-tender-hooksCan the market hold up?

Alibaba.com IPO with $200 Bn to raise! That’s a lot of cash taken out of the game! It has been known that markets peak on massive IPOs!!

2014 Mid term elections, can they keep the market up to win votes. Every thing is fine, nothing to see here!

US GDP bounce back tomorrow. Then revised down latter most likely, hmmm!!

The Russell 2000 is the a lot harder to fiddle, a true market. Hold on to that hope!

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IWM

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote…

..”At long as a stock is acting right, and the market is right, do not be in a hurry to take profits”..

Jesse Livermore Trading Rule

..”The financial markets generally are unpredictable. So that one has to have different scenarios… The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.”..

George Soros

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