Feels like we're about to go down again. I wonder if the SPX can manage 2325 for the day? Not saying it's likely , but that would be crazy.
My bet is it'll close down 0.999999% n the day. On the bright side, anyone holding options that you think will recover will now have some nice IV built into the price.
Hah yea we're basically flirting with that -1% line right now ... let's see where this thing settles out by 4pm. That would be crazy if it closed -0.99% I'm actually kinda rooting for this thing to not close down 1% today and the rest of this week just so that we can say this was the longest less than -1% streak since the 1960s lol
A little late here but here are some ERs out after the close today and tomorrow morning- ($NKE $FDX $HQY $PBR $SLW $WGO $PERY $DLTH $SCS $AYA $GOLF $EVLV $ATU $QIWI $VKTX $OTIV $IMMY $AIR)
although i know it's only tuesday but that was a pretty nice call good to see you around again @brucekeller
that's going to be one helluva outside reversal candle on the qqq's eh? makes a new high on the day and about to close near the lod
ding ding ding! and it's official the spx less than -1% streak has finally been snapped today ... streak ends at 109 trading days (which matched the longest since 1995) glad that's finally over with lol
What I learned today by sitting in the shadow trader lounge on the Think or Swim app. 1) This fall is Trump's fault. 2) This fall is because Trump's healthcare plan, Trump care, isn't going to pass. 3) This fall is because Trump said he was going to build a bunch of infrastructure and everyone is now realizing it's not going to happen and Trump is a big fat liar. Now, this is just a bunch of traders chatting away in a trading lounge trying to explain why the market, which hasn't gone done in forever, just went down 30+ points. Imagine once the recession hits and we really fall. And I mean, really fall. This is how it's going to happen folks. We are going to fall. And we are going to fall bigly, because we have a republican Congress and administration. And we will fall because of all the normal human emotions. Fear and greed. But because we are always looking for reasons, we will blame Trump.
Good morning Stockaholics! Happy Wednesday. Here are your pre-market stock movers & news on this Wednesday morning- 3/22 Wednesday Market Movers & News: AAL, URBN, NKE, FDX, SHLD, WGO, SNAP, AVP, DLTH, PPG <-- click there to view! I hope you all have a great trading day ahead!
Chop chop ... so I guess we're in kind of a holding pattern here until tomorrow's healthcare vote. I thought we'd see a bit more of a bounce back today. Here are some ERs out after today's close and before tomorrow's open- ($ACN $FIVE $CERU $CTAS $PVH $CGIX $CAG $CMC $FNV $BLRX $PIRS $AAAP $GLMD $MLHR $HQCL $ASND $SCHL)
What is the expected market's reaction to the healthcare vote ? For the bulls, do they want it to pass?
I think they want it to pass. Yesterday Trump said there would be no tax reform until the healthcare was finished. And that's why yesterday was so bad: people thought tax reform wouldn't be addressed for a while.
Yeah, if they can't pass it tomorrow it would mean tax reform is getting pushed even further away, probably a selloff on Friday
