Financial Investing Radio
FIR 11: Comparing Citi Engine With Fred Flintstone's Engine!!
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:07:16
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Sinopsis
Hey, tomorrow (Friday, June 16th) is monthly options expiration day...and there is some federal news at 7:30am CT (building permits) before the open. Always gotta keep mindful of the overall market context. I'm sure you remember the old cartoon the Flintstones? Sometimes he come up fast to a location and had to stop quick so his feet would scrape along the ground. He never seemed to have foot burns. And, at the end of each episode he'd get locked out of the house, but there was no glass in the windows...I always wondered why he didn't just hop through the window. Anyway! So I'm looking at Citigroup tonight, stock symbol C. I've got a couple charts here...the Citigroup daily chart...and the Market Effectiveness chart -- which shows how effective the market engine is at moving Citigroup price. When they get mis-alinged then Citigroup can shift gears and the trade can go the other way. On May 26th there was a gear shift and Citi wandered lower, not by much. But then we got another gear shift, to the upside on Ju