There was something the market liked this week. It was liked so well, for awhile, it was easy to pierce the ceiling with a long tail on what is at this moment, a black candle for the week. Operative word, easy. The tail has left an indicating trail. It remains for the company to continue, one something after the other to continue along the tail trail. Still, the silence being exhibited by the company about the destination map, points and dates of arrival; eta etc. are positive in my opinion. Maybe they don't know. Maybe, silence is golden. Just as the changes announced this week were taken on a positive walk up the tail trail, I believe they were held close by the company up to the announcement. I like that a lot. I consider it a very positive policy and anticipate it will be continuing. I believe bringing developments to the market in this way is the only way it should be done, but when it is done this way, the "surprise" factor boosts the market outcome that much more. Whichever the next announcement might be, the possibility of coming "surprise" announcements and the market's reaction on Monday, may have been offered as a preview. The tail trail has offered a suggestion, though not sustained, of market possibilities.
stockcharts.com |