Stock Market Today: March 20th - 24th

Discussion in 'Stock Market Today' started by Stockaholic, Mar 17, 2017.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    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 :p Oil prices seem to be the biggest catalyst for the market right now
     
  2. Stockaholic

    Stockaholic Content Manager

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    109 days and counting w/o an SPX close of -1% here... :p

    [​IMG]

    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...
     
  3. Baggi

    Baggi Active Member

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    Does it mean anything other than, hey, cool?
     
  4. Stockaholic

    Stockaholic Content Manager

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    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.
     
  5. LloydWCoutee

    LloydWCoutee Active Member

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    $MSFT $65.91 is 52wk/all time high.
     
  6. T0rm3nted

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

    upload_2017-3-21_7-48-53.png

    upload_2017-3-21_7-49-17.png
     
  7. ccvle

    ccvle New Member

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    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.
     
  8. StockJock-e

    StockJock-e Brew Master
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    Call the help line!

    Obviously an outage, give it a few minutes they are usually pretty fast at fixing it.
     
  9. ccvle

    ccvle New Member

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    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.
     
  10. StockJock-e

    StockJock-e Brew Master
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    It always seems to happen exactly when you need to trade something urgently!

    I think they have cameras on you and do it purposely.
     
    anotherdevilsadvocate likes this.
  11. T0rm3nted

    T0rm3nted Moderator
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    Why's the market been dropping all morning?
     
  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    No idea about news. But if we're going to make a short term bottom, we might as well make it fast!
     
  13. Austin vanderweide

    Austin vanderweide Active Member

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    This hurts. All of my gains in he last month have been erased. Bank of America taking a huge hit.
     
  14. StockJock-e

    StockJock-e Brew Master
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    Sorry to hear that!

    Are you out at this moment?

    Banks really putting the pressure on:

    [​IMG]
     
  15. brucekeller

    brucekeller Member

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    Probably something to do with DB having to get $8+ bil in capital really quick by offering a ridiculous discount on some shares.
     
  16. StockJock-e

    StockJock-e Brew Master
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    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.
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Trump's in Germany now, maybe he can save them.
     
  18. brucekeller

    brucekeller Member

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    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.
     
  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Maybe the less than 1% down move streak for the SPX that @Cy McCaffrey mentioned will finally end today :p
     
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The banks are getting hammered today :eek:
     

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