Stock Market Today: July 8th - 12th, 2019

Discussion in 'Stock Market Today' started by Stockaholic, Jul 5, 2019.

  1. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    haha, yeah pretty boring day today. no surprises i guess, with powell on deck later on in the week.

    earnings kick off next week will be nice too.

    that said, i'm thinking we're now entering the traditional "summer doldrums" period. i'm not sure what other news catalysts we have after we're through with the fed and earning season. thus, i don't know if we'll be seeing any large moves this summer, absent a black swan or trump tweet. :p could be pretty choppy.
     
    OldFart, Onepoint272 and stock1234 like this.
  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    True haha. August could really be a boring month after the FED decision on rates late this month :p
     
    OldFart and Stockaholic like this.
  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,319
    Likes Received:
    3,375
    Dramatic uptick in Canine Heart Disease aka canine dilated cardiomyopathy (DCM).
    https://www.fda.gov/animal-veterina...rtain-diets-and-canine-dilated-cardiomyopathy

    Sounds like the culprit is the new rage of grain-free dog foods which turn out to be taurine-deficient, in the last 2 years.
    Here's the foods:
    [​IMG]

    I don't see Alpo in that list.

    This disease has all been recent:
    [​IMG]

    It's not related to just one type of animal protein, which has been popular to put in nowadays dog food.
    [​IMG]

    Pretty much stay away from dry foods (of the above listed brands)
    [​IMG]

    Types of dogs commonly affected:
    [​IMG]

    I wonder if pet owners are going to sue these companies? Pets enjoy an elevated place in society.
     
    OldFart, Onepoint272 and Jrich like this.
  4. Jrich

    Jrich Well-Known Member

    Joined:
    Jan 8, 2017
    Messages:
    702
    Likes Received:
    576
    Don't see Iams in the list either... good thing, cause our black labs are 3rd at risk according to the charts
     
    OldFart and Onepoint272 like this.
  5. Stockaholic

    Stockaholic Content Manager

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

    OldFart Well-Known Member

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

    Stan Member

    Joined:
    Jun 23, 2019
    Messages:
    36
    Likes Received:
    40
    OldFart and Stockaholic like this.
  8. Stan

    Stan Member

    Joined:
    Jun 23, 2019
    Messages:
    36
    Likes Received:
    40
    This is sad.
    My father-in-law's Golden just died and was only 5. Unknown cause. Well, he was obese so this leads a lot of suggestion towards bad diet.
    Glad to not see my doggies food on there.

     
    OldFart likes this.
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    Powell testimony tomorrow, will see if we get a big move tomorrow :p
     
    OldFart and Stockaholic like this.
  10. bigbear0083backup

    bigbear0083backup New Member

    Joined:
    Jul 9, 2019
    Messages:
    3
    Likes Received:
    4
    ^^ yep, looks like markets pretty much on hold here until tomorrow :p

    do we know what time exactly the testimony gets underway tomorrow? i really should already know this, but been kinda swamped today :p
     
    OldFart and stock1234 like this.
  11. bigbear0083backup

    bigbear0083backup New Member

    Joined:
    Jul 9, 2019
    Messages:
    3
    Likes Received:
    4
    oh whoops i didn't realize i was on my alternate account when i posted! :p

    had to run some quick fixes on the forums this afternoon. :p
     
    OldFart likes this.
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    I think it will start at 10 am, gotta double check though :p
     
    OldFart and Stockaholic like this.
  13. Stockaholic

    Stockaholic Content Manager

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

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    I don't normally insert my opinion on items like this, but WTF is the FED thinking about cutting rates right now. The only item on the table of risk is the trade war. Job #s were hot last week and the market sold off thinking it would squash the rate cut, but nah. Companies are continuing to beat earnings and guidance is up.

    What is going to happen when we actually have an economic turndown - there's going to be nothing left to cut and we're going to be in the same situation as other nations with negative rates.
     
    stock1234 likes this.
  15. OldFart

    OldFart Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    1,959
    Likes Received:
    1,813
    He only said "act as appropriate"....
    My take -> if things look worse, then lower interest rates, if not raise them
     
    Stockaholic and stock1234 like this.
  16. OldFart

    OldFart Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    1,959
    Likes Received:
    1,813
    Stockaholic and stock1234 like this.
  17. OldFart

    OldFart Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    1,959
    Likes Received:
    1,813
    FED speech turned into nothing but a political clown show
     
    Stockaholic and stock1234 like this.
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    Looks like new intraday ATHs for all 3 major indexes earlier today :eek: Powell didn’t exactly walk back the expectations of the rate cuts, I guess a cut likely will come this month unless the incoming data are really hot :eek:
     
    OldFart and Stockaholic like this.
  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,584
    Likes Received:
    4,619
    I guess we go back to QE when the next recession comes :p
     
    OldFart and Stockaholic like this.

Share This Page