Stock Market Today: May 22nd - 26th

Discussion in 'Stock Market Today' started by Stockaholic, May 19, 2017.

  1. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,039
    Likes Received:
    723
    oclr recovering from the sell off last week.

    sadly i cant say the same for amd.
     
  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,384
    I think AAOI/LITE will follow AMD/NVDA. I'm guessing AAOI is at the January stage of AMD, which could give it 2 more months to go up.
     
    StockJock-e likes this.
  3. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,611
    Likes Received:
    3,573
    BBRY being nice today!
     
    Jrich likes this.
  4. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,611
    Likes Received:
    3,573
    I have not checked on OCLR in a while, thanks for the reminder!
     
  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    We are not back to ATH yet but we aren't that far off too, almost feel like the selloff last Wednesday didn't happen :p
     
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,338
    Likes Received:
    3,384
    Comey testimony date still not set.
     
  8. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    vix back with the 10-handle again :p good call on that @stock1234 ... i believe it was you who mentioned it on last week's thread?
     
    stock1234 likes this.
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    Yes I did ;) Wouldn't surprised me to see it going to 9s again, the selloff last week lasted only a day :p
     
    Stockaholic likes this.
  10. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    yep i agree with this...especially that we are headed into the "summer doldrums" part of the year. :p

    also someone correct me if i am wrong here but it does look like we are kind of in the clear as far as any big newsworthy events are concerned at least for the next couple of months? of course barring some crazy unexpected black swans it looks as if we're headed into a bit of a holding period for now.

    i'm not very big on news as it is so maybe someone can chime in here and let us know if there are any big news events expected this summer.

    if not, then choppy markets will probably remain choppy until the next big worry :p
     
    stock1234 likes this.
  11. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,519
    Likes Received:
    3,320
    A few of the old-timer skeptics at work think Trump will resign soon because of the FBI thing going on...
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    I think we have a U.K. Election next month, it could be market moving. Volume will be lighter during summer, and it could be easier to move the market if some big news hit the market with lower volume. I hope it won't be a boring summer for this market :p
     
    Stockaholic likes this.
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    Dollar remains weak especially against the Euro. I am not really sure if the market prefers strong or weak dollar anymore. Weak dollar probably is good for multinationals but our market could be less attractive to foreign investors
     
    Stockaholic likes this.
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    Just heard from CNBC that the SPX has moved 1% or more in only 4 sessions this year, pretty amazing considering that we are in May already :eek:
     
    Stockaholic likes this.
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    Stockaholic likes this.
  16. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    thx for posting that in here @stock1234 ... looks like another "terror" event has hit the uk ... think i read that at least 20 dead and over 50 injured as of now but #'s are growing ... very sad :( ... not sure why young people would be targeted *smh*
     
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    Very sad indeed :(
     
    Stockaholic likes this.
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    http://www.cnbc.com/2017/05/22/us-2...hite-house-slashes-the-social-safety-net.html

    White House 2018 budget proposal is out, and it slashes the social safety net


    • The budget would cut $1.7 trillion in spending over 10 years.
    • Medicaid, student loans and food stamps would see big reductions.
    • EPA, State Department and Education Department funds would be slashed.
    • Economists doubt the White House's growth projections.
     
    T0rm3nted and Stockaholic like this.
  19. nylonmarkup

    nylonmarkup Member

    Joined:
    Apr 6, 2016
    Messages:
    30
    Likes Received:
    11
    I really wanted to learn stock market and invest. :-(
     
    stock1234 likes this.
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,666
    Likes Received:
    4,687
    @nylonmarkup Welcome to this forum :) People in this forum would be glad to help, feel free to join all of us in the discussion here :)
     
    Jrich likes this.

Share This Page