A very choppy market. Not seeing a lot of catalysts to move the market right now. The repeal of Obamacare is expected to pass at the House this Thursday, but if they somehow can't pass it then I think there would be a good chance that the market selling off a bit Oil prices seem to be the biggest catalyst for the market right now
109 days and counting w/o an SPX close of -1% here... If the SPX fails to see a close of at least -1% by the end of this week, then this will be the longest streak since the 1960s...
Eh, not really @Baggi I was just merely pointing it out on here again as we're nearing to taking out the 1985 streak (112) ... I think it's pretty amazing that this streak has even lasted this long ... but as we all know nothing lasts forever and this too will end ... and I personally don't see this streak challenging the 184 day record long streak from 1963 ... but this really could go on for a little while longer ... I'm actually rooting for this streak to end already lol ... this market has been a bore fest for a while now (or at least has for me anyway) ... I wouldn't mind a nice wash out one of these days ... would be refreshing to see imo.
is anyone having problems with their TD ameritrade accounts ? Both of my accounts don't have any positions showing up ? when i logged on. I tried both with my mobile and desktop.
Call the help line! Obviously an outage, give it a few minutes they are usually pretty fast at fixing it.
It is went back up, for just enough time for me to sell what I needed to sell. It was kinda scary because I needed to sell while the markets are up a bit. -edits: so it looks like it is still down here and there. If I keep clicking refresh, eventually I will see my positions.
It always seems to happen exactly when you need to trade something urgently! I think they have cameras on you and do it purposely.
Probably something to do with DB having to get $8+ bil in capital really quick by offering a ridiculous discount on some shares.
Deutsche Bank Shares Hit 3-Month Low As $8.6 Billion Rights Issue Launches Deutsche Bank AG (DB) shares fell to the lowest level in more than three months Tuesday as Germany's largest lender kicked off its $8.6 billion capital raising effort and investors reacted to a report it could face fines from U.S. authorities over currency trades. Deutsche Bank shares fell more than 8.1% in Frankfurt trading, and were marked at €15.76 each by 11:30 CET, the lowest since Dec. 5. The stock has lost more than 11.8% since the bank announced details of its €8 billion $8.6 billion) rights issue Sunday and more than 18% since the plan was revealed on March 5.
Overall volume is pretty strong today. Not a good sign for the next swing imo if you're bullish. Market needed a breather anyway... Japan probably had to put a hold on the QE presses for a few days. Odd coincidence they announced unlimited buying like a week before the Trump Bump.
Maybe the less than 1% down move streak for the SPX that @Cy McCaffrey mentioned will finally end today