Stock Market Today: October 19th - 23rd, 2020

Discussion in 'Stock Market Today' started by Stockaholic, Oct 16, 2020.

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  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    NFLX reporting today, Hourly RSI below 50 and the way this week is looking for the market, think it will go down.
     
    #21 anotherdevilsadvocate, Oct 20, 2020
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  2. T0rm3nted

    T0rm3nted Moderator
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    Pretty big sell-off since the highs around lunch time today, but the market making a bit of a recovery the last half hour or so
     
    #22 T0rm3nted, Oct 20, 2020
  3. T0rm3nted

    T0rm3nted Moderator
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    Man I hope not
     
    #23 T0rm3nted, Oct 20, 2020
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    SNAP with a big gain after ER. NFLX did go down.

    edit: SNAP went 20% over analyst revenue estimates, reporting growth of 52% in revenues. Best quarter ever, and nearing profitability with increasing ARPU. New ATH trading above $30.
     
    #24 anotherdevilsadvocate, Oct 20, 2020
    Last edited: Oct 20, 2020
  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Out of the dental office. What a move by SNAP, hope some of you had some shares ;)
     
    #25 stock1234, Oct 20, 2020
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Nice day for SNOW :eek: Entered at $227.53, up around 17% now :D
     
    #26 stock1234, Oct 21, 2020
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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Good call ;)
     
    #27 stock1234, Oct 21, 2020
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Nice day for pot stocks, GRWG up over 9% and CGC up over 4% :eek:
     
    #28 stock1234, Oct 21, 2020
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Playing CWH and IRBT for a bounce a little bit, both down big for the day :eek:
     
    #29 stock1234, Oct 21, 2020
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Some hot ETFs are down big
    WCLD -2.1%
    XBI -2.4%
    ARKK -3.0%
     
    #30 anotherdevilsadvocate, Oct 21, 2020
  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    NTGR (NetGear, maker of routers) reporting this afternoon.
    Oh yeah and TSLA and CMG too.
     
    #31 anotherdevilsadvocate, Oct 21, 2020
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  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Starbucks goes full-on vegan with new test sandwich

    Starbucks is testing a new fully plant-based breakfast sandwich at one location in Washington.

    The new Plant Powered Breakfast Sandwich is made with a mung bean-based egg, a plant-based sausage patty, dairy-free cheese, and is served on an English muffin, according to VegNews. The sandwich costs $5.45.


    If that's test sandwich prices, how much will it cost when it's ready to be served to them asses?
     
    #32 anotherdevilsadvocate, Oct 21, 2020
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  13. Stockaholic

    Stockaholic Content Manager

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    was that a typo and you just meant “the masses”? :p

    got a good chuckle out of that tho. thanks marcy :lauging:
     
    #33 Stockaholic, Oct 21, 2020
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  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I'm leaving it.
     
    #34 anotherdevilsadvocate, Oct 21, 2020
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Looks like NTGR popping after their earnings :eek:
     
    #35 stock1234, Oct 21, 2020
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Nice to see you Cy @bigbear0083 ;) Hope you have been doing well and we will see you here more often soon :)
     
    #36 stock1234, Oct 21, 2020
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  17. EddieMarkel

    EddieMarkel Member

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    Dowis the first to show weakness and sign to go down (Red point on halfway indicator).
    the price region for Dow is 27,766 - 28,837.
    I think that Dow go first to check price 28,837.
     

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    #37 EddieMarkel, Oct 22, 2020
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  18. T0rm3nted

    T0rm3nted Moderator
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    upload_2020-10-22_7-56-5.png
     
    #38 T0rm3nted, Oct 22, 2020
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  19. Frankenstein

    Frankenstein Well-Known Member

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    Crazy range bound behavior. This morning I entered long at 3415 and exited at 3445. The range so far has been 3415 to 3446. The price is at 3433 right now. Risk management and profit taking are important in these situations.
     
    #39 Frankenstein, Oct 22, 2020
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Homebuilders getting pretty hard today, solar was hammered yesterday and some high flying tech stocks have been a little weak lately. Seems like traders are taking money off from those big winners
     
    #40 stock1234, Oct 22, 2020
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