Going Public: Key Developments in Facebook’s IPO – ABC News

Newswires December 17, 2012

Going Public: Key Developments in Facebook's IPO
ABC News
Facebook Inc. has had a rocky initial public offering of stock. There were trading glitches on its first day of trading and concerns since then about Facebook's revenue potential. Facebook also is facing dozens of lawsuits from disgruntled shareholders …
Thanks to Facebook, US Paces Softer Global IPO MarketForbes

Short sellers giving up on Facebook is not a bullish signCitywire.co.uk

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Our Chart Pick List Was Short Up the Wazoo, Woohoo! Now What?

The extra layer of screens that I instituted for swing trade chart picks last week, and a cooperative market, paid off in a big way. Woo hoo!

Pop Goes the Bubble

Cycle screening measures screamed higher in a pattern similar to October-November 2020. That led to a breakout and long upleg. It doesn’t guarantee the same outcome here, but we need to be cognizant, and prepared for the possibility.

Gold Positioned To Pop

Subscribers, click here to download the report. Gold There are signs of cycles getting in gear to the upside, but no sign of thrust yet.…

Getting Short Up the Wazoo

I concluded last week that the small number of signals, particularly buy signals suggested that the rally was exhausted, despite the buys having the edge. I chose not to add any charts to the list, long or short, but held on to all of the shorts that had been on the list.

That looks to have been the correct judgement.

This week, I’m adding 5 more shorts to the list.