Stock Market Today: February 5th - 9th

Discussion in 'Stock Market Today' started by Stockaholic, Feb 2, 2018.

  1. T0rm3nted

    T0rm3nted Moderator
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    Looks like the beatdown is not over yet

    upload_2018-2-5_6-11-1.png
     
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  2. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    selling picking up pre market, will be a volatile day its looking like
     
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  3. Stockaholic

    Stockaholic Content Manager

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    Good Monday morning to all.

    The pre-market thread has been posted-
    [​IMG] <-- click there to read!

    Here's to a great trading week to everyone in here this week!
     
  4. StockJock-e

    StockJock-e Brew Master
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    PFE back at some interesting support levels here.
     
  5. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Nasdaq is nicely green (+0.28%) in the first hour
     
  6. T0rm3nted

    T0rm3nted Moderator
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    Well, market appears to be making a recovery from today's open. Does this mark the end of the pullback?
     
  7. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    im kicking myself so hard, i wanted to buy apple at 159, but i was pre occupied and missed the 1st half hour of trade...there goes apple...up 2% danggg. oh well :/
     
  8. StockJock-e

    StockJock-e Brew Master
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    If its anything like the last 7yrs, then yes!

    Come on Fed, give us some rate increases already!
     
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  9. StockJock-e

    StockJock-e Brew Master
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    That pesky thing called breakfast keeping you from trading?

    :D
     
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  10. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    hmm, on friday the VIX Futures were inverted, usually means volatility is ahead, so i wouldnt be so quick to say its over, but thats not going to stop me from wanting to buy the dip lol.
     
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  11. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    haha more like dinner, i got work tonight, so i was eating a bowl of cereal before bed and looking at some superbowl post conferences, time just slipped by. i got in LABU on friday, so atleast thats working out well today
     
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  12. Stockaholic

    Stockaholic Content Manager

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    yo @Ken34 just wanted to say it's good to see you on the weekly thread man. :)
     
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  13. Stockaholic

    Stockaholic Content Manager

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    morning bounce fizzling out here ... moving back towards the lod
     
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  14. T0rm3nted

    T0rm3nted Moderator
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    Well that answers that question, the pullback is not over yet.
     
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  15. T0rm3nted

    T0rm3nted Moderator
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    Woof, the market is still diving
     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Wow another huge red day :eek: SPX is now down more than 5% from its ATH, are we going to get a 10% correction finally? :eek: Now the major indexes just up a little over 2% YTD after a great start, and the small caps pretty much lost all of their gains for the year
     
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  17. rg7803

    rg7803 Well-Known Member

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    Still have a loooooot of room to sink, I think....
     
  18. T0rm3nted

    T0rm3nted Moderator
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    Will the major indexes hold the 50MA's?

    upload_2018-2-5_12-29-35.png

    upload_2018-2-5_12-29-20.png

    upload_2018-2-5_12-30-0.png
     
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  19. StockJock-e

    StockJock-e Brew Master
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    Whaa?

    We actually get to visit the 50MA? This is a very rare event! :D
     
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  20. Stockaholic

    Stockaholic Content Manager

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    yeah i agree 100% w/ there being a helluva lot more room for downside in this market ... but in the very short-term it seems to be getting a bit overdone here. jmo.
     

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