Stock Market Today: May 7th - 11th, 2018

Discussion in 'Stock Market Today' started by Stockaholic, May 4, 2018.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Seems like energy stocks are well off their HOD and pulling the major indexes off their highs as well.
     
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  2. Stockaholic

    Stockaholic Content Manager

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    looks like we'll get the announcement on the iran nuke by tomorrow @ 2pm eastern per trump tweet
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Will be interesting to see if it will move oil prices tomorrow :D
     
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  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Seeing if we get a green candle close above 2670.
    Opened at 2669.36
     
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  5. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    spx 50 day still a wall i see.
     
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  6. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Yup! Increasingly squeezed between 50 and 200 DMA's.
     
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  7. Stockaholic

    Stockaholic Content Manager

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  8. Frankenstein

    Frankenstein Well-Known Member

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    The same story. 2600 to 2620 is an ok buy. I don't expect it to collapse non above 2630 this week--but since it's in that broad range, even 2600 is possible, of course. I am all out of my longs.
     
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  9. OldFart

    OldFart Well-Known Member

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    Big boyz playing ping pong with the oil markets....my account ain't big enough to take the wild swings...I'll have to wait till 2:00 for the announcement...
     
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  10. Stockaholic

    Stockaholic Content Manager

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    iran nuke announcement leaked? o_O

    [​IMG]
     
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  11. Stockaholic

    Stockaholic Content Manager

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    Trump won't immediately withdraw from Iran deal but will apply sanctions: CNN
     
  12. Stockaholic

    Stockaholic Content Manager

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    ^^ d'oh, fake news way to go cnn lol

    BREAKING: US President Trump told France President Macron will withdraw from Iran deal: NYT

     
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  13. OldFart

    OldFart Well-Known Member

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    If that's the case, oil should be going up, not down....:confused:
    Must have been a stop run for those who got in too early...lol
     
    #33 OldFart, May 8, 2018
    Last edited: May 8, 2018
  14. OldFart

    OldFart Well-Known Member

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    ....and another stop run...glad I got my $50 profit and left before this started.

    CL.png
     
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  15. OldFart

    OldFart Well-Known Member

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    some more profit...:)
     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Congrats:D
     
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Energy stocks near HOD here :eek: Major indexes also off the lows and the DOW turned positive :eek:
     
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  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Nowadays the media just try to release the news as quick as possible without confirming the news :p
     
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  19. OldFart

    OldFart Well-Known Member

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    Surprised....oil didn't really go that crazy like I assumed it would....and now it's dropping some...
    CL.png
     
  20. OldFart

    OldFart Well-Known Member

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    $350 in a matter of minutes...lol...like getting paid to be a CEO...
     
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