• 46 mins The Dairy Industry Is Dying
  • 7 hours The Most Impressive Electric Vehicle Of The Year
  • 1 day Gold Miners Are Having A Stellar Second Half
  • 2 days How 3D Printing Is Turning Each And Every Industry On Its Head
  • 2 days Is The $3.5 Trillion Healthcare Industry About To Get Much More Transparent?
  • 3 days Gamblers Are Betting Big On Trump’s Impeachment
  • 3 days Even Banks Can't Answer Aramco's Trillion Dollar Question
  • 4 days Will Bezos Buy The Seattle Seahawks?
  • 4 days 6 Tech Trends Transforming The Travel Industry
  • 5 days Ousted Uber CEO Cashes Out $500 Million In Stock
  • 5 days Trump Prepares For Another Key Tariff Decision
  • 5 days The Free Money Bubble Is About To Burst
  • 6 days The Crushing Reality Of Poverty In America
  • 6 days Should You Buy Into The World’s Largest IPO?
  • 6 days The Infinite Possibilities Of Cosmic Energy
  • 7 days Analysts Link Walking To Economic Growth
  • 8 days Will Japan Turn Its Back On The Aramco IPO?
  • 9 days Global Debt Soars To $188 Trillion
  • 9 days The World's Largest Gold Miners Are Getting Creative
  • 10 days Twitter: The Saudi Spy Tool To Bring Down Dissidents
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

SP500 to 2,500 pts

SP500 to 2,500 pts

Buy the dip, if you believe the next chart. Because you wont be able to stop this rally!

The action by the NYSE Summation Index has been simply outstanding, the rapid rise to +1200 in quick time suggest that what happened 3x before is about to happen again. Ignore the negative news, the SP500 will print 2,500 in the next few years if not months.

The above statements is what you should agree to if there is to be QE 4,5,6. Readtheticker.com blog is not so sure, more time is required to believe the above. Of course the magical move higher by the NYSE Summation Index could by the hands of the central planners by buying the correct stocks with their magical machines. Watching and waiting.

NYSE Composite Index

Investing Quote...

"If you cannot make money out of the leading active issues, you are not going to make money out of the stock market as a whole." ~ Jesse Livermore Trading Rule

"The first rule is not to lose. The second rule is not to forget the first rule." ~ Warren Buffett

"Stock market bubbles don't grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception." ~ George Soros

"If past history was all there was to the game, the richest people would be librarians." ~ Warren Buffett

"I buy on the assumption they could close the market the next day and not reopen it for five years" and "Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell." ~ Warren Buffet

 

Back to homepage

Leave a comment

Leave a comment