Stock Market Today: June 26th - 30th

Discussion in 'Stock Market Today' started by Stockaholic, Jun 23, 2017.

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    The trend turned down last week in tech (10 ma below 20 ma). The trend is your friend until it ends.
     
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  2. webChris

    webChris New Member

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    Most money left on the table award definitely goes to me. I came in with $39k in puts (SPY, QQQ, MSFT) and VIX calls. Sold at $80k. Had I sold at the LOD, would have collected $200k.

    Edit (screenshot):
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Still a nice trade ;) Hard to not to take profit when you were already up nicely :D
     
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  4. webChris

    webChris New Member

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    Thanks! That's break-even for me for the week if you believe it lol. I started at $80k and got whipped around, kept chasing my losses until it finally paid off. Went all cash as soon as I got to b/e.
     
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  5. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Got some red in my portfolio today :p, but looks like the BTFD squad came right in when SPY was -1% intraday...Now just checking that they close less than the ATR away from today's high (luckily none gapped down). Only tech name I've got is PYPL, and I picked up TWTR today. Financials look best right now, and hoping biotechs can keep trend.

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  6. Jim BooDog

    Jim BooDog Active Member

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    MBRX has been on quite the run lately. Watch for an offering. SPEX too, but they're pretty much broke so be careful with that one as well.
     
  7. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    Micron earnings: $1.62 a share, vs. estimated EPS of $1.51

    • Revenue: $5.57 billion vs. $5.41 billion expected
     
  8. StockJock-e

    StockJock-e Brew Master
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    Not the numbers they wanted

    [​IMG]
     
  9. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    lol, conference call just started, also it seems marketwatch used the wrong numbers for their report, so people thought they missed on earnings. the stock is bouncing all over the place right now. we shall see where it settles after the CC.
     
  10. StockJock-e

    StockJock-e Brew Master
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    Whaa?

    Marketwatch used the wrong numbers?
     
  11. StockJock-e

    StockJock-e Brew Master
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    Walgreens scraps Rite Aid merger, will instead buy half its stores
    Reuters - 9 hours ago
    Drugstore chain Walgreens Boots Alliance Inc (WBA.O) scrapped its deal to buy Rite Aid Corp (RAD.N) after failing to win antitrust approval, but said it would instead buy nearly half of the smaller rival's U.S.
     
  12. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    yea i didnt see it for myself, but apparently they used incorrect revenue numbers. it was an amazing qtr, but it seems the stock was priced for it, considering it pretty much did a triple in a year, the overall market will dictate how this moves tommorow.
     
  13. T0rm3nted

    T0rm3nted Moderator
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  14. StockJock-e

    StockJock-e Brew Master
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    Trending stocks
    MU NKE CARA AOBC CRC OMER ETFC APRN XIV PKY GCO EWC XLF WUBA BAC GES
     
  15. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    volatility is back, oh buddy.
     
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Seems like a pretty big pullback from the highs at the end :eek: Didn't really look at the market much today, will probably check the market a little right before the close next Monday but I probably won't start to trade again until next Wednesday :D
     
  17. StockJock-e

    StockJock-e Brew Master
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    Nice little drop into the close, and thats a wrap!
     
  18. StockJock-e

    StockJock-e Brew Master
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    Since Cy is on a break, anybody here want to volunteer to start next weeks thread?
     
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  19. dwilliamst7

    dwilliamst7 Member

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    I may give it a shot if I find some time over this weekend but I'll warn you guys that it won't come anywhere close to the awesomeness that Cy puts into them.
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Looking forward to your thread ;)
     

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