Financial Charts

Just as people have a day and time at which they were born, creating their birthday, so do business ventures, especially companies and corporations. There are several times that are significant, two of which are - the date & time of incorporation (formation) of the business into a legal entity i.e. the Company Chart (the company's "natal chart"), and also the date and time of any initial public offering (IPO) - the company's First (public) Trade Chart.

First Trade Charts are cast for the particular stock exchange - eg ASX Sydney, NYSE New York etc- of the IPO. The time is usually the time the stock exchange opened - e.g. the ASX opens at 10.00am each day.

The Company chart will reveal the company’s business individuality and makeup, and the First Trade chart shows the affect of merging public ownership with that business individuality. The Company chart is the fundamental indicator of the business - it's overall characteristics, it's strengths and weaknesses, it's interests and its type of modus operandi. The First Trade chart chart may have varying significance, but it will certainly reflect how the company's stock traded on that day, and to some extent may portray the stock's trading nature and characteristics from that point onwards.

NOTE: In Australia many company listing dates can be obtained from the Australian Stock Market Data Series, and a source of US company birth data is Bill Meridian's stocks database and "Planetary Stock Trading" book.