Stock Market Today: January 23rd - 27th

Discussion in 'Stock Market Today' started by Stockaholic, Jan 20, 2017.

  1. Stockaholic

    Stockaholic Content Manager

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  2. heyimsnuffles

    heyimsnuffles Active Member

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    This 2266 Pin area is getting OLDDDD
     
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  3. Baggi

    Baggi Active Member

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    Just got out of yesterday's long /es trade.

    I feel like we will probably be heading to New all time highs here. But, I k ow what I don't know. And I really don't know which way the market is going.

    So, I'll take my profits and be happy.
     
  4. Stockaholic

    Stockaholic Content Manager

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    Here are the most notable ERs due out before the market open tomorrow morning from the following companies (w/ charts & estimates):
    ($FCX $BA $MKC $ABT $PGR $UTX $HBAN $APH $NVS $TXT $NSC $GWW $STT $ITW $TEL $HES $MKTX $USAP $NYCB $ROK)
    [​IMG]

    Below are the tickers coming out with earnings before market open tomorrow morning with the expected time of release & estimates-

    Wednesday 1.25.17 Before Market Open Earnings Releases:
    [​IMG]
    [​IMG]
     
  5. Stockaholic

    Stockaholic Content Manager

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    Ditto that! :p

    Eventually, we'll break out of this range, and when it does (whichever direction that is), it should be a nice move. Here is a chart listing all of the daily streaks on the SPX without a -1% or greater down day since 1950 with a least 70 trading days (which we're currently at right now) or longer. One month after each respective streak had ended has seen a nice move in either direction. I'm thinking once this current streak has finally come to a close will be no different. Hopefully this current streak does not challenge that of 1963 which saw the SPX go 184 consecutive trading days w/o a -1% day lol.

    [​IMG]
     
  6. Baggi

    Baggi Active Member

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    I'm feeling pretty bullish. But I'm hoping I'm wrong.
     
  7. Baggi

    Baggi Active Member

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    Alright. Took a short trade here with a tight stop. Still feeling bullish but the risk reward was right.
     
  8. Baggi

    Baggi Active Member

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    By short trade, I mean I sold futures in the /ES.
     
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Well finally some movement for the market after so many flat days, are we going to see Dow 20K this week finally :p
     
  10. Baggi

    Baggi Active Member

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    I took a shot but I'm stopped out already.

    Very bullish day. Time for some all new highs.
     
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  11. Baggi

    Baggi Active Member

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    About to make all time highs on /ES, did we hit Dow 20k yet?

    I couldn't control myself and went short again. Ugh, I'm just begging for punishment.
     
  12. Baggi

    Baggi Active Member

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    And stopped out again after making all time highs.

    I'm done shorting this market for today.
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Good chance that we will see a new ATH for SPX today
     
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Actually we did hit a new ATH before pulling back slightly :p
     
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  15. StockJock-e

    StockJock-e Brew Master
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    Hi guys!

    Im back after a long 10 days and one new president later!
     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Welcome back :D
     
  17. T0rm3nted

    T0rm3nted Moderator
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    About time slacker! Hope you had a good time off!
     
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  18. Baggi

    Baggi Active Member

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    OK, I think this rally has run out of steam for today.
     
  19. Baggi

    Baggi Active Member

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    And we can clearly establish that I've no idea what I'm talking about.
     
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  20. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    im still awaiting spx 2300, only thing that worries me is how many times weve bounced off the 21 EMA. we need to get away from there or else bad things will happen to bulls.
     

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