Stock Market Today: August 7th - August 11th

Discussion in 'Stock Market Today' started by T0rm3nted, Aug 5, 2017.

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  1. StockJock-e

    StockJock-e Brew Master
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    I have learned over the past 7yrs that I should never call anything a bull trap.

    Anybody want to make that call? :D
     
    #41 StockJock-e, Aug 10, 2017
  2. StockJock-e

    StockJock-e Brew Master
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    We could drop to $230 here and still be in this big uptrend

    [​IMG]
     
    #42 StockJock-e, Aug 10, 2017
  3. Baggi

    Baggi Active Member

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    Deal. Let's drop to 230.
     
    #43 Baggi, Aug 10, 2017
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    First decent red day in awhile :eek: :D
     
    #44 stock1234, Aug 10, 2017
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    S&P close to LOD, are we finally going to see a little bit of a correction? :eek:
     
    #45 stock1234, Aug 10, 2017
  6. Wolfy

    Wolfy Active Member

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    correction?

    We are so used to low volatility that starting to consider a 3% drop as a correction. hahaha

    Back in the days..anything less than 5% is just a normal sell-off within the trading range. haha
     
    #46 Wolfy, Aug 10, 2017
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  7. StockJock-e

    StockJock-e Brew Master
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    Yeah, we have not even gone back this gap..

    Lets wait for real carnage before we panic! :D

    [​IMG]
     
    #47 StockJock-e, Aug 10, 2017
  8. Baggi

    Baggi Active Member

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    Panic? Dont you mean celebrate?
     
    #48 Baggi, Aug 10, 2017
  9. StockJock-e

    StockJock-e Brew Master
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    Why not both?
     
    #49 StockJock-e, Aug 10, 2017
  10. T0rm3nted

    T0rm3nted Moderator
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    upload_2017-8-11_7-51-38.png
     
    #50 T0rm3nted, Aug 11, 2017
  11. T0rm3nted

    T0rm3nted Moderator
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    And we're off! Good luck on this final trading day of the week everyone!
     
    #51 T0rm3nted, Aug 11, 2017
  12. StockJock-e

    StockJock-e Brew Master
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    Good morning!


    And happy Friday!
     
    #52 StockJock-e, Aug 11, 2017
  13. T0rm3nted

    T0rm3nted Moderator
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    I'm a grinch. Fridays are not happy, especially since we've been building cars every Sunday. Friday is the start of 5 work days/nights in a row (Fri-Sun day shift, Mon-Tues night shift). Pardon my French, but fuck fridays.
     
    #53 T0rm3nted, Aug 11, 2017
  14. StockJock-e

    StockJock-e Brew Master
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    Oh yeah, how is the new Tesla factory going? ;)
     
    #54 StockJock-e, Aug 11, 2017
  15. T0rm3nted

    T0rm3nted Moderator
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    We build gasoline cars, not that futuristic electric better-for-the-environment car crap :p
     
    #55 T0rm3nted, Aug 11, 2017
  16. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    risk is here, risk is now. be very cautious of buying the dip
     
    #56 Ken34, Aug 11, 2017
  17. StockJock-e

    StockJock-e Brew Master
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    CNBC - We are correction territory.

    Oh please, I think everybody has forgotten what a correction is.
     
    #57 StockJock-e, Aug 11, 2017
  18. Baggi

    Baggi Active Member

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    Indeed. I have been trying to tell people this in the trading chatroom but they can't get themselves out of the BTFD mindset.
     
    #58 Baggi, Aug 12, 2017
  19. Baggi

    Baggi Active Member

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    They will be reminded soon enough. This is nothing. Not even remotely a correction.

    A correction would have us back below November lows.
     
    #59 Baggi, Aug 12, 2017
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