Stock Market Today: March 6th - 10th

Discussion in 'Stock Market Today' started by Stockaholic, Mar 3, 2017.

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  1. Baggi

    Baggi Active Member

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    Boring day. I'm starting to enjoy these boring days. I don't make much, but if I don't make another trade today it'll be three days in a row for me being up.
     
    #61 Baggi, Mar 8, 2017
  2. StockJock-e

    StockJock-e Brew Master
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    A few power sell offs will bring back the deal hunters, that should be exciting.
     
    #62 StockJock-e, Mar 8, 2017
  3. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    yup we are grinding down to the 21 ema, as expected, now it is whether the market can hold the 21 and bounce off of it come jobs friday.
     
    #63 Ken34, Mar 8, 2017
  4. Stockaholic

    Stockaholic Content Manager

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    #64 Stockaholic, Mar 9, 2017
  5. Stockaholic

    Stockaholic Content Manager

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    Happy 8-year Anniversary to the Bull Market (on a closing basis) today.

    Here's the closing bell video that I had captured from that very day and uploaded to YouTube some years ago.

     
    #65 Stockaholic, Mar 9, 2017
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  6. T0rm3nted

    T0rm3nted Moderator
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    World markets and pre-market heading into today's trading session:

    upload_2017-3-9_8-3-20.png
     

    Attached Files:

    #66 T0rm3nted, Mar 9, 2017
  7. Baggi

    Baggi Active Member

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    What time is the job number coming out?
     
    #67 Baggi, Mar 9, 2017
  8. Stockaholic

    Stockaholic Content Manager

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    As with most economic reports -- 8:30AM eastern time (tomorrow).
     
    #68 Stockaholic, Mar 9, 2017
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  9. StockJock-e

    StockJock-e Brew Master
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    When do we start getting more long term bearish?

    This month or next month?
     
    #69 StockJock-e, Mar 9, 2017
  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Wow GE was trading at $7s :eek: Not sure if I remember correctly, Citigroup was trading at $1s and BAC was trading at $2s at some point during the financial crisis :p
     
    #70 stock1234, Mar 9, 2017
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Maybe after the FED next week if they say they are gonna hike 4 times this year :p
     
    #71 stock1234, Mar 9, 2017
  12. StockJock-e

    StockJock-e Brew Master
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    I feel that the first and second hikes will probably be digested ok, its the ones after that...
     
    #72 StockJock-e, Mar 9, 2017
  13. T0rm3nted

    T0rm3nted Moderator
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    We don't. 4 years from now maybe ;)
     
    #73 T0rm3nted, Mar 9, 2017
  14. StockJock-e

    StockJock-e Brew Master
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    Well, if we see this soar over $50 for no reason, I we can start assuming a $1T infrastructure deal is on the way.

    [​IMG]
     
    #74 StockJock-e, Mar 9, 2017
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  15. Baggi

    Baggi Active Member

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    As rates rise, money supply dries up. This makes markets go down.
     
    #75 Baggi, Mar 9, 2017
  16. StockJock-e

    StockJock-e Brew Master
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    A couple of overpriced IPOs like SNAP also suck away available money and destroy it when they drop.
     
    #76 StockJock-e, Mar 9, 2017
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    [​IMG]

    Market less than 2% from ATH, yet more new lows than new highs.
     
    #77 anotherdevilsadvocate, Mar 9, 2017
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  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Market turned negative, maybe the comments from Mitch McConnell on tax reform could take longer than expected spooked the market a little? :eek:
     
    #78 stock1234, Mar 9, 2017
  19. StockJock-e

    StockJock-e Brew Master
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    Basic Materials sector being the worst offender this week:

    [​IMG]
     
    #79 StockJock-e, Mar 9, 2017
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The 10 year yields are getting really close to 2.6%. It could begin to become the headwind for the market soon if rates continue to head higher
     
    #80 stock1234, Mar 9, 2017
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