Not much juice for the Zayo IPO today, as you can see the intraday chart, below. The firm is in the dark fiber/ bandwidth infrastructure services space. And it may very well be a sign of the times for this market to see another ho-hum IPO after BABA.
Failure for these IPO’s to catch a bid, in my view, signified diminished risk appetite and a meaningful change in market character.
The yayo is surely not as potent as it was in recent years.
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Great points
https://www.youtube.com/watch?v=IVQ0TCoOUYQ
https://www.youtube.com/watch?v=Yc-de_RSxHM
downgraded from Peruvian marching powder to bath salts
Any thoughts on commodities. I think wheat, corn, soybeans are basing. Not a short-term investment, but a longer-term (months) idea could be forming.