• 806 days Will The ECB Continue To Hike Rates?
  • 806 days Forbes: Aramco Remains Largest Company In The Middle East
  • 808 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,208 days Could Crypto Overtake Traditional Investment?
  • 1,213 days Americans Still Quitting Jobs At Record Pace
  • 1,215 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,218 days Is The Dollar Too Strong?
  • 1,218 days Big Tech Disappoints Investors on Earnings Calls
  • 1,219 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,221 days China Is Quietly Trying To Distance Itself From Russia
  • 1,221 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,225 days Crypto Investors Won Big In 2021
  • 1,225 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,226 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,228 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,229 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,232 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,233 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,233 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,235 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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