Data due later on Wednesday is expected to show that the euro zone economy moved out of its longest recession, eking out growth of 0.2 percent in the June quarter. The German economy grew by 0.7 percent in the second quarter of 2013, data on Wednesday showed, the largest expansion for Europe's biggest economy in more than a year.
Germany was maybe the last to go down, so could easily be the first to rise? "The German economy grew..., the largest expansion for Europe's biggest economy in more than a year" Once the growth can stay reliably up, that will be a good sign.
Thanks, jeff/jeffegg2. Am flagging good posters for newbies, who can click on the poster's name link to check for more.
Look at the 6 month graph and tell me that Ford is trading down. You must be one of those that watches minute by minute and says... Oh my God it is going down!!! Oh it is going back up! Oh back down, Oh back up! ..... You are going to drive yourself crazy if you keep the near sighted view of the market..... But then that is what Day Traders do....
No worries smalls....best not to even watch this months action unless your looking to add to your position. I expect it to be relatively quiet on low volume at least until Labor Day and likely through September. With monthly sales figures continuing strong I expect the next move upwards possibly starting mid-late October and continuing on up thru earnings release. I believe we move to the $18.80-$19.20 range.