Stock Market Today: June 24th - 28th, 2019

Discussion in 'Stock Market Today' started by Stockaholic, Jun 21, 2019.

  1. OldFart

    OldFart Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    1,959
    Likes Received:
    1,813
    Trump will never go for this, if it's true:

    Among the conditions Beijing is expected to set, China will demand the U.S. remove its ban on the sale of U.S. technology to Huawei Technologies, Chinese officials with knowledge of the plan told the Journal. China also expects the U.S. to remove all tariffs and drop efforts to get China to buy more U.S. exports.
     
    Stockaholic likes this.
  2. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
  3. OldFart

    OldFart Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    1,959
    Likes Received:
    1,813
    Stockaholic likes this.
  4. JustradingUS

    JustradingUS New Member

    Joined:
    Jun 17, 2019
    Messages:
    16
    Likes Received:
    2
    Hello Traders. We start with our opportunities for buying and selling today! Our top new suggestions are $BAC $TMUS for buying long, and $SCHW $AMT to hold them long. Our top new suggestion is $GM for selling short, and $CAT to hold it short.

    $XLK $XLC $XLU $XLY $XLP $XLV are our ETFs opportunities for buying long. $DD $NFLX $TMUS $D are our stock opportunities for buying long.

    $EOG $GS $BIIB $GE $APD $GM $WDC $NEE are our stock opportunities for selling short.


    More information about buy price range, charts and expected buy returns are given in our Closing Bell video (6/26/2019), only on JusTrading YouTube channel, check it out. Remember to subscribe and click the bell to be up to date with our daily stock analysis and suggestions that we give it for free!

     
  5. Stan

    Stan Member

    Joined:
    Jun 23, 2019
    Messages:
    36
    Likes Received:
    40
  6. Stan

    Stan Member

    Joined:
    Jun 23, 2019
    Messages:
    36
    Likes Received:
    40
    I think there is no market dynamic above. Just fresh air. So would take new money in to push it up rather than just running old orders up and down.
    I do like the coiling action that is happening, like building energy for a sprint.

    [QUOTE="i'm wondering what catalysts can get us to break through this range convincingly (and when i say "range" i mean over 2950 by 50-100 handles ... so SPX 3K basically :p).
    absent a black swan event, it seems we could be chopping it up for a while, at least during this traditional "summer doldrums" period :p[/QUOTE]
     
    Stockaholic and OldFart like this.
  7. OldFart

    OldFart Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    1,959
    Likes Received:
    1,813

    I don't usually trade news events - I try to stay away from it.
     
    stock1234 and Stockaholic like this.
  8. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    interesting bit of stat i ran across in my brief afternoon reads here...

    the previous 3 times that the SPX was up over +15% after H1 of a year, the final 6 months (H2) did well, or at least during the recent history...but it gets a little mixed a little longer you go back in history as the table below would illustrate.

    [​IMG]
     
    OldFart and stock1234 like this.
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    Yeah looks like the results are pretty mixed for H2 after a great H1 :eek: Should be a pretty interesting H2 this year :D
     
    OldFart and Stockaholic like this.
  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    Short week next week, I wonder if the jobs report will still be released next Friday since Thursday is a holiday :p

    Not really expecting much out of the G20 meeting this weekend. I think both leaders will say the right things but no deal will be made. I would be very shocked though if they say anything too negative and cause the selloff for stocks next Monday :p
     
    OldFart and Stockaholic like this.
  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,319
    Likes Received:
    3,375
    I've heard a couple people predicting there will be a deal this weekend. They're getting bullish on Chinese stocks and semiconductors. But we'll see.

    I just checked RAD after last night's ER devastation. And it's up 22% now, never thought I'd see share price with an 8 handle again. Amazon is partnering with them, a service being called Counter will allow Amazon customers to walk right past all the other merchandise and pick up their meds in a Rite Aid store.
     
    OldFart and stock1234 like this.
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    I think RAD did a reverse split, not sure though I gotta double check :p
     
    OldFart likes this.
  13. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    ^^ same

    i'm thinking it'll largely be a nonevent for the markets at least ... unless we have that "breakthrough deal" :p

    as for next friday's NFP's, looks like that will still get released despite the holiday on thursday. not seeing any indication (at least not yet) anywhere that it wouldn't.

    i can't believe tomorrow we close the books on H1 ... it's insane to me how quickly the year is flying :eek:
     
    OldFart and stock1234 like this.
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    I know lol, can't believe half of the year is done already :eek:
     
    OldFart and Stockaholic like this.
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    Do we close early next Wednesday btw Cy or we will have a full trading day? Can't remember if we usually close early on July 3rd :p
     
    OldFart and Stockaholic like this.
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    OldFart and Stockaholic like this.
  17. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    yep we have an early close next wednesday with the market closing at 1pm eastern :D

    it's kinda weird having the holiday midweek like that :p
     
    OldFart and stock1234 like this.
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    Thanks Cy :) Some people might as well take Friday off too :eek: Next week gonna feel weird for traders, maybe Monday is the only big volume day after that G20 meeting :p
     
    Stockaholic likes this.
  19. OldFart

    OldFart Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    1,959
    Likes Received:
    1,813
    Can’t remember the last I even saw a rite aid
     
    Stockaholic likes this.
  20. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050

Share This Page