Stock Market Today: June 27th - July 1st

Discussion in 'Stock Market Today' started by Stockaholic, Jun 24, 2016.

  1. ccvle

    ccvle New Member

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    hello, just stopping by to say hello. did our accounts get transferred from the old website ? or did everyone have to sign up new accounts ?
     
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  2. StockJock-e

    StockJock-e Brew Master
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    We all signed up with fresh accounts!

    Welcome back!
     
  3. StockJock-e

    StockJock-e Brew Master
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    Interesting!

    Usually AAPL is the one that will suck talent away from other companies.
     
  4. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Their have been protesters in the street over the Brexit vote even by those that voted to leave. I wonder if this could have domino to the the Brits, to putting the move on hold while they decide what they want to do with the mess they have created,
     
  5. HelloIDistance

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    I have been thinking the same thing. I believe the people who voted "leave" did not understand the exact ramifications and are feeling betrayed by the backtracking by some of the "leave" leaders. I am going to Europe in two weeks - should be interesting to get their opinions. I'll be in France & Germany.
     
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  6. StockJock-e

    StockJock-e Brew Master
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    Nice close at the highs!

    2027 on the ES with a big buying vol into the close.

    Too early to celebrate just yet, Thurs and Friday I think we see some more meaningful moves.
     
  7. StockJock-e

    StockJock-e Brew Master
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    Can they even do-over at this point?

    That would be nuts!

    This market would l rally like crazy!
     
  8. HelloIDistance

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    I know right. Imagine the day if they rescind their Brexit LOL. I don't think it will happen, but who knows at this point.
     
  9. StockJock-e

    StockJock-e Brew Master
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    Im not sure that is even possible to do another vote, but we have seen crazy things happen in the past!

    Its like breaking up with your girlfriend, then regretting it and getting back together!
     
  10. MaximusAnalysis

    MaximusAnalysis Active Member

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    Today's Market Thoughts

     
  11. Revan

    Revan Member

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    Another referendum won't happen anytime soon. The decision to leave could be revisited if there were a general elecation in 3-4 months. The results of the referendum could also be ignored, as it is not legally binding, but doing so would risk severe political unrest with the population.

    Good bounce today above the 200 & 100 DMA on the SP500. I don't see a bounce convincingly above the 50 DMA in the cards over the near term, not in light of the magnitude of the Brexit decision and the storm clouds on the horizon next month for earnings. I will be increasing my short positions if we close in on 50 DMA
     
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  12. brucekeller

    brucekeller Member

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    NKE down to lower than August lows in after hours.
     
  13. Tiptopptrader

    Tiptopptrader Well-Known Member

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    I have been following oil ever since the big drop and I have added the Pound to that list because of Brexit. It would be interesting to know if Soros has started to cover yet or not.
    We need a fly on the wall for that :)

    upload_2016-6-28_17-57-49.png
     
  14. hitman

    hitman Well-Known Member

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    Word is Soros was long in the pound before Britain vote to leave and he didn't expect it to happen….i can't confirm this is true but if it is big loss for him.
     
  15. surfsup

    surfsup Active Member

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    I believe b/c Cameron resigned, this helped the politicos remain "in" the EU longer. The UK cannot leave the EU without their prime minister, so they will first need to get a new one, and the soonest that can even happen is Q4. So his resignation might have been a ploy to buy time.
     
  16. T0rm3nted

    T0rm3nted Moderator
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    I thought Soros shorted the pound?
     
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  17. Tiptopptrader

    Tiptopptrader Well-Known Member

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  18. T0rm3nted

    T0rm3nted Moderator
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    Everything lining up for another good day!

    upload_2016-6-29_2-39-54.png

    upload_2016-6-29_2-40-11.png
     
  19. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    feels good to be back home!!!

    i took a position in LABU @ $22.00 on monday!
     
  20. Stockaholic

    Stockaholic Content Manager

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    good to see you made your way back here (finally!) @ccvle ... what took so long? :p

    nice @Ken34 ... w/b home man
     

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