Thanks CY for the prep talks. Gold got sold off big time after the first round. I think the outcome is the best scenario out of them all. Le Pege is like 20% lagging on every polls. She stands a little chance to win.
I'm thinking this rally is going to continue till midweek, then government shutdown is gonna start weighing the market down. Best play is probably to inverse market toward close tomorrow (long vix, gold,...) then close those positions when the budget vote brings volatility back up. Lots of opportunities, but it's to late to get in on any good straddles, and any other plays are just a gamble.
Good morning Stockaholics! Happy Monday. Hope you all had a nice relaxing weekend in here and are ready for the new trading week ahead. Here are your pre-market stock movers & news on this Monday morning- 4/24 Monday Market Movers & News: HAS, HAL, KMB, PPG, TRUE, UAL, SHLD, NFLX, S, DB, ORLY <-- click there to view! I hope everyone has a very nice trading week in here! New day fresh start.
I knew I should have grabbed SPY calls last week. We've been bull flagging for a while now. I did grab some TGT calls last week though. Looks like a creek forming. I'm no expert on creeks though so we'll see what happens...
Great to see Oldie back on the weekly thread. _____________________________________________________________________________________________________________________ Here are some of the upcoming ERs after the close today: ($AA $TMUS $ABX $ESRX $SLCA $RRC $RMBS $ZION $WHR $NEM $CCI $CNI $AMP $CR $CBU $SWFT $CDNS $RE $ADC $OI) Spoiler: CLICK HERE FOR THE EARNINGS TIMES & ESTIMATES AFTER THE CLOSE TODAY!
Here are some of the upcoming ERs due out before the open tomorrow morning: ($AKS $RAD $MCD $FCX $KO $CAT $LMT $BIIB $JBLU $MMM $GLW $VLO $LLY $XRX $DD $CNC $PHM $FITB $SVU $NVS) Spoiler: CLICK HERE FOR THE EARNINGS TIMES & ESTIMATES BEFORE THE OPEN TOMORROW MORNING!
Nasdaq Closes in on a Milestone Apr 24, 2017 The Nasdaq Composite index is quickly closing in on a major milestone, the likes of which it hasn’t seen in over 15 years. At a level of 5,985 this afternoon, the index is just fifteen points from a first-time crossing of a 1,000 point threshold. The table below lists each prior thousand point level that the Nasdaq has crossed over time, along with how many times it crossed each level (on a closing basis) to both the upside and downside. After first crossing above 5,000 back in March 2000, the Nasdaq has gone more than seventeen years without crossing another 1,000 point milestone. What makes this drought even crazier is that the amount of time it took the Nasdaq to first cross 1K, 2K, 3K, 4K, and 5K (1,697 calendar days) was less than a third of the 6,255 days that have transpired since that first close above 5K. In other words, from July 1995 through March 2000, the Nasdaq quintupled in less than a third of the amount of time that it has since taken to advance 20%! The chart below shows each of the dates that the Nasdaq first crossed every 1,000 point level from 1,000 through 5,000. As shown, some of these milestones came and went quickly. Back in late 1999, the Nasdaq rallied 33% from 3,000 to 4,000 in the span of less than two months. Then, as an encore, it spiked another 25% in just over two months. What’s even more amazing about these huge moves in such short periods of time is that, at the time, people actually thought it was perfectly normal!
Good morning Stockaholics! Happy Tuesday. Here are your pre-market stock movers & news on this Tuesday morning- 4/25 Tuesday Market Movers & News: DD, CAT, MMM, KO, PHM, NFLX, TSN, WFC, ESRX, AA, WHR <-- click there to view! I hope everyone has a very nice trading day in here today.
So, Trump puts tariffs on Canadian lumber? This is a great move! Now American houses that rely on Canadian lumber will cost more to build, making houses more expensive... which is good because.... Im still working on this part.
Because a lot of us who own homes will now have more equity in our homes? I'm for free trade. One thing I don't like about Trump's politics are his trade war stuff. However, lots of people would love to have fewer homes built thus increasing the value of their homes via supply and demand.
Earnings calendar gets busy. Here are some of the upcoming ERs due out after the close today: ($X $CMG $T $WYNN $TXN $JNPR $LOGI $ILMN $CREE $DFS $PNRA $EW $COF $ARNC $BOFI $IRBT $SYK $MRCY $CB $JBT) Spoiler: CLICK HERE FOR THE EARNINGS TIMES & ESTIMATES AFTER THE CLOSE TODAY! Here are some of the upcoming ERs due out before the open tomorrow morning: ($TWTR $BA $STX $ALK $PG $PEP $GD $UTX $WM $NOC $FCAU $CVE $ANTM $LEA $DPS $IR $WYN $NSC $APH $CX $TMO) Spoiler: CLICK HERE FOR THE EARNINGS TIMES & ESTIMATES BEFORE THE OPEN TOMORROW MORNING!