CART Markets opened at 9:30, with an optimistic view of the market. Hold for a bullish reversal coming soon. Cart should climb and with that your returns !
Just so we are all clear on the official narrative: 1. CART had a "very successful debut". 2. CART rose x% from the IPO price ($30). 3. There will be **no mention** of CART stumbling out of the gate, or dropping like a lump from the open, or sliding more than 15% on its opening day.
I wonder how many people are comparing the ARM IPO for comparison of how CART will perform.
I think there will likely be a spike in the first 1-2 days and then a fizzle out to below 25 for the next few months, at which point it will be anchored to the SPX
