The market opened nicely today with teh NASDAQ up about 15, and stocks like Adobe (ADBE) and Intercontinental Exchange (ICE) were up and running. As of 10:40 AM ICE is up 10.66% and ADBE is up 11.62%. Adobe released positive earnings by $.03 and give in line guidance, and the Interncontinental Exchange rallied on plans [...]
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***Written By: Dann Mcnulty Stock Forum ID: WallStGolfer31***
The economic cycle is a very important thing to be aware of when investing in the market. Right now most economists and market analysts are predicting an economic slowdown for the US economy. A slowdown is just growth this year of the GDP lagging what is [...]
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As of 2:00 PM today:
NYSE decliners outnumber advancers 25 to 8 Nasdaq decliners outnumber advancers 3 to 1
The Nasdaq is down just over 28 to 2177, with the S & P down 10 to 1303, and the Dow Jones is down about 51 to 11418.
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I read this over at thestreet.com and found it excellent. I will copy it here for your viewing pleasure. Hope everyone is having a great holiday.
“Let’s talk about controlling losses vs. losing. The former is a talent of good traders, while the latter is common to pretty much everyone else.
Prudence and discipline demand controlling loss. [...]
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