• 529 days Will The ECB Continue To Hike Rates?
  • 529 days Forbes: Aramco Remains Largest Company In The Middle East
  • 531 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 931 days Could Crypto Overtake Traditional Investment?
  • 935 days Americans Still Quitting Jobs At Record Pace
  • 937 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 940 days Is The Dollar Too Strong?
  • 941 days Big Tech Disappoints Investors on Earnings Calls
  • 942 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 943 days China Is Quietly Trying To Distance Itself From Russia
  • 944 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 948 days Crypto Investors Won Big In 2021
  • 948 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 949 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 951 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 951 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 955 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 955 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 955 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 958 days Are NFTs About To Take Over Gaming?
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

NYSE No Break Out Yet!

Hairy Resistance

NYSE magic number is 11,500 and we are not there yet! So things can get a little hairy at resistance.

The TRUMP PUMP may be coming to an end, expect a consolidation to allow the market to determine what to do next, or of course the next week FOMC could blow it all up.

NYSE Composite Index

Investing Quote...

"Stock market technique is not an exact science. Stock (and commodities) prices are made by the minds of men (and women). Mechanical trading methods or mathematical formulas cannot compete with good human market judgment." ~ Richard D Wyckoff

"Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway." ~ Warren Buffett

"Money can't buy you happiness but it does bring you a more pleasant form of misery." ~ Spike Milligan

"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

"To me, the 'tape' is the final arbiter of any investment decision. I have a cardinal rule: Never fight the tape!" ~ Martin Zweig

 

Back to homepage

Leave a comment

Leave a comment