Here are some ERs after market close today and before the open tomorrow- ($RHT $DRI $CCL $MKC $HOME $WPRT $SCON $SNX $FDS $OREX $DGLY $SOL $INFO $GALT $AVAL $SBS $RAVN) Spoiler: CLICK HERE FOR THE EARNINGS TIMES & ESTIMATES AFTER THE CLOSE TODAY! Spoiler: CLICK HERE FOR THE EARNINGS TIMES & ESTIMATES BEFORE THE OPEN TOMORROW!
DJIA Seven Day Losing Streaks Mar 27, 2017 It’s been a lousy few days for the US equity market, and nowhere has that been more evident than in the Dow, which was down for seven straight days heading into Monday. While the Dow is down for seven straight days, you’d be excused for not realizing it given that the total decline during this period is less than 1.7%! In fact, in the 93 Dow losing streaks of seven or more trading days, the current one is only the sixth such streak where the Dow is down less than 2%, and it ranks as the third mildest seven day losing streak on record. In the table below, we list each of the prior seven-day losing streaks for the Dow where the index declined less than 2%. Interestingly enough, half of all the streaks listed have occurred during the current bull market, while the remaining three occurred in 1989, 1943, and 1941. That one streak in 1941 ended up lasting for a record 14 straight trading days but only saw a total decline of 3.39%. Finally, with the Dow down 120 points in early trading on Monday, it is looking likely that the current streak will extend to at least an eighth day. If that happens, it will be the first eight-day losing streak since 2011 and only the third such streak since 1990.
Yep, longest losing streak since the summer of 2011. I'll have to do some digging up to see what the longest streaks were there. Still a less than -2% decline overall during this losing streak which is one of the mildest pullbacks we have seen for that long of a losing streak on the DJ30 since like 1989 I believe it was. The Nasdaq still holding up nicely though. I believe that is higher for 11 of the past 13 days even whilst the DJ30 is having this 8-day losers streak.
i cant really tell where these markets are going right now, for the time being it is clearly a down trend, with multiple closes below the 21 EMA on the SPX and now it is acting as resistance, but at the same time that dip below the 50 today and back up could be a sign of a reversal, or just a short term bounce? idk. but one thing i do know, XBI does not want to stay down, i kinda wish i was awake to double down on LABU this morning, but when you work nights, you have to sleep duing the morning/day :/
today's actions has totally changed my view for this week's close. The last two times that we had more 1% correction bought us new ATH in the following days. Third time is a charm. I don't think this is going to be different. I am ready to long SPY 235 call and sell 240 for the rest of the week.
Good morning Stockaholics! Happy Tuesday. Here are your pre-market stock movers & news on this Tuesday morning- 3/28 Tuesday Market Movers & News: DRI, RHT, TSLA, AMZN, MKC, AAL, VRX, GE, TSRO, MYL, DECK, PPG <-- click there to view! I hope you all have an awesome trading day ahead today!
here are some of the trending names moving at the open (tickers are clickable) CARA TSLA SNAP RHT EDIT PSIX TSRO CBIO SQ HTGM SBLK DRI FB OCN GG FDS AMZN GOGL MKC GNK ISCA CALA ABX NTLA
