Stock Market Today: June 11th - 15th, 2018

Discussion in 'Stock Market Today' started by Stockaholic, Jun 8, 2018.

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  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Not sure, could very well be a non event. We will get the press conference after the FED announcement though, so whatever Powell will say could still move the market although the rate hike is widely expected. Will see, I am hoping we will see some movement and volatility :D
     
    #41 stock1234, Jun 13, 2018
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  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah it's a stock picker's market. XBI greatly outperforming IBB this year.
     
    #42 anotherdevilsadvocate, Jun 13, 2018
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    IBB has bigger biotech companies, right? Big biotechs like REGN, GILD, and CELG are having a pretty bad year
     
    #43 stock1234, Jun 13, 2018
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Media stocks soaring, NFLX a new ATH today :eek:
     
    #44 stock1234, Jun 13, 2018
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  5. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Been super busy - got in SVXY this morning with 2,334 shares @ 13.95
     
    #45 AverageJoesTrades, Jun 13, 2018
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  6. Stockaholic

    Stockaholic Content Manager

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    not a terribly huge reaction ... dollar and bonds moved a bit ... indices were pretty bleh

    let's see if we get anything new from the presser
     
    #46 Stockaholic, Jun 13, 2018
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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Initial reaction is slightly negative after the more agressive dot plot by the FED, market now mostly lower. Bank stocks are higher though on higher yields
     
    #47 stock1234, Jun 13, 2018
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  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    EEM near LOD, stronger dollar most likely is bad for emerging market stocks
     
    #48 stock1234, Jun 13, 2018
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  9. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Out 13.78 - looking for re-entry.
     
    #49 AverageJoesTrades, Jun 13, 2018
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  10. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Nice - almost back to where I got in... Gotta stick with the strategy though.
     
    #50 AverageJoesTrades, Jun 13, 2018
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  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Dollar really backing off from the highs especially against the Euro :eek: I guess investors now begin to look to the ECB announcement tomorrow in Europe with the FED out of the way now :D
     
    #51 stock1234, Jun 13, 2018
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  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Netflix offering interactive storytelling (working with Telltale Games). Which Chinese company is going to copy this?
     
    #52 anotherdevilsadvocate, Jun 13, 2018
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  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Noticing gold is not dropping with the hawkish Fed.
    [​IMG]
     
    #53 anotherdevilsadvocate, Jun 13, 2018
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  14. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    coming back down to where I exited now - If I was emotionally trading I might've gotten back in around 13.94. Keep the emotions out of trading!
     
    #54 AverageJoesTrades, Jun 13, 2018
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  15. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Mr. Powell announced that he will begin holding a news conference after every monthly Fed meeting [beginning January 2019].
    Right now, markets only anticipate rate increases to occur at the [quarterly] meetings that are followed by a question-and-answer session. Shifting to a news conference after every meeting would give officials more flexibility on when to raise rates
     
    #55 anotherdevilsadvocate, Jun 13, 2018
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  16. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    long 1 /ES contract @ 2780 slightly higher than I looking for off the open they popped.
     
    #56 AverageJoesTrades, Jun 13, 2018
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yep I agree, they won't have to wait every 3 months like they are now I guess :p
     
    #57 stock1234, Jun 13, 2018
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  18. Stockaholic

    Stockaholic Content Manager

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    [​IMG]
     
    #58 Stockaholic, Jun 14, 2018
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  19. OldFart

    OldFart Well-Known Member

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    news out?....6E just went nutz

    6E.png
     
    #59 OldFart, Jun 14, 2018
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  20. OldFart

    OldFart Well-Known Member

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    ECB says its massive bond-buying program will likely end in December
     
    #60 OldFart, Jun 14, 2018
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