Tag Archives: IPO

BABA – A Billion Dollars and the 40 Thieves

Today’s the day that the Initial Public Offering for the Alibaba Group hits Wall Street, with the American Depository Receipts for the Chinese company listed on the New York Stock Exchange under the trading symbol BABA.

With the offering now priced at the top of its proposed range at $68 a share, it’s the biggest IPO in Wall Street history. The deal will bring in $21.8 billion in fresh capital for big internet company.

The BABA IPO is definitely something we need to keep an eye on as astro-traders.

Now I don’t know about you, but for me $21.8 billion is mighty close to a MEGO number – that stands for “My Eyes Glaze Over.”

I always feel fairly flush when I’ve got a few extra hundred-dollar bills in my pocket, and I’m always delighted when I can get Free Money by picking up a couple of pennies that have been abandoned on the sidewalk.

But $21,800,000,000.00 has an awful lot of zeros, and I have trouble visualizing that amount of money.

That’s why I decided to pile up a billion dollars in cash in my garage, just so I could get it together in one place to take a picture of it. Then if I print out 22 copies of the picture I can get a pretty good idea of what we’re talking about with the Alibaba IPO….

Actually, of course, I wasn’t really the one who took the picture.

I found the photo on the internet (where else do you go to look for cool stuff?) and put it in a new pdf, along with a copy of a neat theatrical poster for a stage production of “Ali Baba and the 40 Thieves” in 1886.

You can get it as a free bonus download when you watch my new video on the Alibaba IPO and Jack Ma.

The 10-minute video is posted at http://vibrationcode.com/alibaba

Watching Alibaba

There’s been a lot of media ruckus lately about the upcoming IPO for Alibaba, the gigantic Chinese internet firm.

Jack Ma, the company’s founder and CEO, has just begun an all-out effort to promote the company to would-be investors, trying to drum up enthusiasm prior to the projected IPO date on September 19.

While Ma is certainly not oblivious to the traditions of feng shui and astrology in impacting business success (“Alibaba” is itself a multi-lingual pun – “ba” in Chinese means “eight”, and 8 is considered an extremely lucky number for generating wealth), it’s not clear what astrologer got involved in picking the IPO date.

Take a look at the horoscope for the event:

Alibaba IPO

With the Leo Moon (flashy public presentations) on the Midheaven and the transneptunian Apollon (success through business expansion) conjoining the Ascendant in this chart, it’s obviously a hand-picked time for an auspicious beginning.

We’ll have to wait and see, of course, exactly what happens when the Alifbaba stock starts trading on the New York Stock Exchange.

In the meantime, you might want to check out the article titled “Wall Street Eyes Alibaba Billions” in the September 7 issue of FinancialCyclesWeekly newsletter. It shares our astro-trading perspective on this stock, and discusses an ancillary equities play that could bring some significant trading profits.

You’ll find it at: http://www.financialcyclesweekly.com/members/Newsletter-for-September-713-2014-2.cfm

Follow-Up on the Facebook IPO: The Sun & Admetos Tell the Tale

My online and broadcast schedules have gotten short shrift for the past few weeks, mainly due to an intense travel schedule combined with the need to put in some extra hours on the final revisions for my upcoming book on Mercury and the Markets.

My travels took me to New Orleans for a week, where I was presenting some advanced astro-trading techniques at a global gathering of astrologers and traders. While I was there, I had a wonderful chat with one of our active Gold-Plus Elite members at FinancialCyclesWeekly.com. He works for one of the major Wall Street wire houses, where he advises international clients on positioning their portfolios for maximum profits in these turbulent times.

“I really appreciated the warning you put out about avoiding the Facebook IPO,” he told me. “My clients had been calling me up, wanting to know if there was any way that I could get them some shares of Facebook. I told them I thought they should stay away from it.

“But a couple of my clients absolutely insisted on buying Facebook. Fortunately, though, I was able to sell out their positions during the first hour of trading on the IPO day, so they managed to get a little profit before out before the stock crashed.”

When I looked at Facebook (FB) before the IPO it was clear that bad timing– putting the shares up for sale just before the May solar eclipse– would have an adverse effect on the stock’s potential. But I also mentioned a Sun/Admetos conjunction as one of my other concerns, and that’s what turned how to have a longer-lasting impact.

As is so often the case, the astrology proves to be exactly right. In fact, that interaction of the Sun and the transneptunian Admetos is what continues to drive the price action for this stock.

As this trading chart illustrates, Facebook opened its first day of trading almost exactly at a price point corresponding with the Sun/Admetos conjunction, and after a brief upward surge, started heading south from there.

During the next two trading sessions the stock moved lower, in each case starting its trading below a lower eighth-harmonic Admetos price line. More recently, FB has found some support on a fourth-harmonic Sun line, but an eighth-harmonic Admetos line is still defining a resistance zone.

What will happen during the coming weeks remains to be seen, of course, but this Sun/Admetos interaction points to a potentially critical date for this stock: July 3, when the Sun and Admetos will align in a 45-degree semi-square.

July 3 will be a shortened trading day because of the U.S. Independence Day holiday on July 4, when the markets will be closed altogether. Although this suggests that we will see reduced trading volume on July 3, it also points to an important trading period for Facebook.

Although the buyers who are still hanging on after the disastrous IPO would certainly love to see a trend reversal to the upside then, it seems just as likely that FB may be subjected to even stronger selling pressure.