Stock Market Today: June 20th - 24th

Discussion in 'Stock Market Today' started by Stockaholic, Jun 17, 2016.

  1. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Might be a little risky. Two catalyst's to move it either way are the Brexit vote and the stress tests both happening before the open tomorrow.
     
  2. Venom08

    Venom08 Active Member

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    Pretty big day today, I actually don't know how BREXIT will fare but let's hope they leave the EU.

    The crazy thing is that Cameron could just chalk it up as a "recommendation" and choose not to honor the will of the people. At the very least, the actual process of a BREXIT will be dragged on for years before the Brits officially leave the EU.
     
    #102 Venom08, Jun 23, 2016
    Last edited: Jun 23, 2016
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  3. Venom08

    Venom08 Active Member

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    IV was so high yesterday (like a 2% move has been priced into the SPY options I was looking at) that I didn't even feel like gambling a few hundred in both directions.
     
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  4. Tiptopptrader

    Tiptopptrader Well-Known Member

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  5. StockJock-e

    StockJock-e Brew Master
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    Tricky, this market seems to be pricing in the UK staying in the EU, but that means we have the potential sell the news event.
     
  6. StockJock-e

    StockJock-e Brew Master
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  7. OldFart

    OldFart Well-Known Member

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    They've been pricing in a "no" on brexit all week.
    Like I said before, they should exit, but the oligarchy will not let them do it....even if they have to commit voter fraud.
    The fix is in...
     
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  8. Tiptopptrader

    Tiptopptrader Well-Known Member

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    I agree if the rally today runs to the bell we could get a sell on the news scenario tomorrow...I give it a 50/50 to happen
     
  9. MaximusAnalysis

    MaximusAnalysis Active Member

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    So is there any official votes being tallied or its just hope based on online polls?
     
  10. T0rm3nted

    T0rm3nted Moderator
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    Voting is open until 5PM Eastern time.
     
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  11. Stockaholic

    Stockaholic Content Manager

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    gawd i love this market!

    [​IMG]

    oh yeah! err ... i mean yeah right! lol :D
     
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  12. T0rm3nted

    T0rm3nted Moderator
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    For all those who are unclear, I know someone posted something similar earlier, but here you go with timeline for Brexit. All posted in EST:
    • Polls open 2AM - 5PM today.
    • 6PM learn how many ballots were casted
    • 7:30PM first results
    • 11:30PM status update - good clue on what the result will be by this time
    • 2AM - 4AM - result final and formally declared
    These are target/estimated times.
     
  13. Stockaholic

    Stockaholic Content Manager

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    ^^ this exactly [​IMG]
     
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  14. Stockaholic

    Stockaholic Content Manager

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    in "normal" times (if i can even use that word lol!) i can agree w/ you ... but unfortunately we are living in extraordinary times right now with some of the most extreme levels of manipulation going on in the markets ... rigged markets as some might describe it ... this is a market built on nothing but fluff... when the market falls a few % the powers that be come backstopping this POS ... the manipulation that goes on never friggin' ceases to amaze me ... probably the most fabricated market rally i have EVER witness in my 10 years in this business man ... there simply ain't no bones about it, this is about as FAKE and PHONY of a market as you can get here lol ... but hey there is $$$ to be made too ... but alas i'm OUT and just watching the madness for now lol
     
  15. OldFart

    OldFart Well-Known Member

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    I only day trade now. Too unsure about holding.
     
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  16. duck mich

    duck mich Member

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    if the UK stays in the EU, the Market will take off at full speed to new high
    . highspeedTrain.jpg
     
  17. surfsup

    surfsup Active Member

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    LOL
     
  18. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    Whats this? No BREXIT poll... Cy you are slipping man. I bet they leave, Biggest bull trap ever lol
     
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  19. OldFart

    OldFart Well-Known Member

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    LOL...they might sell off the markets a little just for kicks, but I seriously think it'll be a "no" on brexit

    I'm def not holding anything into this "vote" though
     
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  20. Stockaholic

    Stockaholic Content Manager

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    bwahahaha! nice one @surfsup ... that is hilarious yet true! :D
     

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