I think we'll be pretty green for a couple of weeks. But I will turn defensive once we hit the 200 sma. I'm not the first to say this, but I think the next push down will be the big one that will take down the oil company stocks too. Can't have a bear market without oil joining in the downfall, right? It jibes with the recent lack of strength in oil.
Gooooooooood Friday evening and a happy start to the long 3-day holiday weekend to all! The market week ahead thread is now up on Reddit for anyone looking for a quick read over this coming weekend: https://www.reddit.com/r/StockMarket/comments/veqeja/wall_street_week_ahead_for_the_trading_week/ Next week's most anticipated earnings calendar from EW has yet to be published. Check back in here sometime over this long weekend as I'll be adding the calendar as a new post here once it is officially out to the public (typically Saturday morning). In the meantime, here are some of the the highest vol earnings for next week as well as Tuesday's pre-market notables. Have yourself an absolutely splendid 3-day weekend y'all's! And here's to another crazy awesome trading in the new week ahead. Get that moola! Will catch up with y'all's same bat time, same bat channel bright and early in the AM on Tuesday. Cheers!
I am looking at 2 stocks that go ex-dividend next Thursday. MDT- Medtronic STX- Seagate Technology Holdings Friday= MTN- Vail Resorts Do your own research but these could be good moves for their dividends. A lot could happen between now and next Thursday though also
I really really hope I have capital available when this bottom finally hits. I think we have a couple months. Nothing sucks like seeing great money making opportunities but not having the money available to do the work
I've learned it's not just about learning how to chart and predict movements--but also it's about the art of trade management
That certainly makes sense. I am watching and doing my best to learn the WHEN of executing trades also. Not panicking. I need to trust my research and my instincts. I have found myself, lately at least, making a move only for that stock to shoot up right after I sell it. Learn patience with stocks. This is my first time trading in a bear market. When I first got into stocks, it was virtually impossible to lose money.
as promised last night, here are next week's notables per EW for those lookin' 'round for it enjoy the 3-day y'all's!
heh, good 'ole peter tuchman. dude legit looks like he could pass for being 100 y/o (think he's a little over 60 or something amirite?). but, is energetic as ever. had recently stumbled across a vid of his on reddit the other day. never realized he did weekly vids on the floor of the nyse. i'll see if i can find that and post here if anyone interested. he's an interesting fella. the "face" of the nyse if you ever look on cnbc for articles and what, he's like always on there lmao.
globex just halted btw (as you know the nyse is closed today in observance of "juneteenth"). futures will reopen at 6pm eastern this evening. and back to business as usual from tomo.
tick.tick. roll the bones. The ride to 25000 was when everybody could make money in the market. The ride back down to 25000 is a little different for most. The dip keeps dipping.
Top of the morning Stockaholics! Happy Tuesday to you all! And welcome to the first trading day of the week and a fresh start! Here is a quick check on those futures as we are under 3 hours from the cash market open. GLTA on this Tuesday, June the 21st, 2022. (Happy first day of summer to all btw!)
Morning Lineup - 6/21/22 Tue, Jun 21, 2022 It took a day longer than normal, but at least equity markets are kicking off the week on a positive note. Obviously, where we end up today is an entirely different story. It doesn't take much to erase a market rally these days, but at least there won't be much in the way of economic data to derail things. The only two reports on the calendar are the Chicago Fed National Activity Index which was barely positive at +0.01 and was the lowest level since last September and Existing Home Sales which will be released at 10 AM Eastern. On the speaker front, Fed Presidents Mester and Barkin will be speaking this afternoon. Based on where the tracking ETF (SPY) is currently trading in the pre-market, the S&P 500 is poised to gap up 1.7% to kick off the new trading week. As shown in the chart below, if these gains hold through the opening bell it would be the largest upside gap to kick off a new trading week since "Pfizer Monday" on 11/9/20. While this week's upside gap is the strongest since November 2020, it follows last week's downside gap of 2.6% which was the largest downside gap to kick off a week in two years.
