Stock Market Today: June 25th - 29th, 2018

Discussion in 'Stock Market Today' started by Stockaholic, Jun 22, 2018.

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  1. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Ugh, my /ES positions are taking a hit - I averaged down another contract @ ~2708
     
    #21 AverageJoesTrades, Jun 25, 2018
  2. Frankenstein

    Frankenstein Well-Known Member

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    Buying long at 2709 beats buying at 2750
     
    #22 Frankenstein, Jun 25, 2018
  3. Frankenstein

    Frankenstein Well-Known Member

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    At any rate, I expect the SPX to test that 2750 level at some point--I am not talking about an intraday frame, however
     
    #23 Frankenstein, Jun 25, 2018
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  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I think there's some strength in beverage stocks, not sure why. But FIZZ is +2.5%, and COT is moving nicely.
    Don't think I'll try to buy the dip in NBEV though :cool:
     
    #24 anotherdevilsadvocate, Jun 25, 2018
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  5. OldFart

    OldFart Well-Known Member

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    ....and here comes LOD again...waiting to see what happens at 2700
     
    #25 OldFart, Jun 25, 2018
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  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    All this month's gains have been wiped, back to where May ended.
    Someone on Twitter had a stat that June's low has been below May's close since 1970. Hard to believe it happened, after seeing this month open up, up, and up...but would have been hard to believe that this June, with all that's going on in 2018, could have been the one to end that streak.
     
    #26 anotherdevilsadvocate, Jun 25, 2018
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  7. Frankenstein

    Frankenstein Well-Known Member

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    Whatever happens, my theory states anything non above 2720 is a nice buy and the price should test that 2750 level
     
    #27 Frankenstein, Jun 25, 2018
  8. OldFart

    OldFart Well-Known Member

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    in SPY 270x calls at .16 out at .22...not the best trade I've made, but I'll take it....:D
     
    #28 OldFart, Jun 25, 2018
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Haha beverage is relatively “safe” when the market is selling off I guess :p XLP up slightly for the day as of now, PEP and KO up as well
     
    #29 stock1234, Jun 25, 2018
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Making some money is always nice :D
     
    #30 stock1234, Jun 25, 2018
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  11. OldFart

    OldFart Well-Known Member

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    Here comes another attempt at 2700....
     
    #31 OldFart, Jun 25, 2018
  12. Frankenstein

    Frankenstein Well-Known Member

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    Ok. Up we go. I'd like a close above 2015 if possible, for tomorrow, as a bull
     
    #32 Frankenstein, Jun 25, 2018
  13. OldFart

    OldFart Well-Known Member

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    I'd kind of like to see a decent bounce as well. At least hold support...
     
    #33 OldFart, Jun 25, 2018
  14. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    back to testing 2700 again.
     
    #34 AverageJoesTrades, Jun 25, 2018
  15. OldFart

    OldFart Well-Known Member

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    Looks like SPX 2700 held...good for the bulls to step it up on power hour...
     
    #35 OldFart, Jun 25, 2018
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  16. Frankenstein

    Frankenstein Well-Known Member

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    Ok. 2716 now. 20 minutes to go
     
    #36 Frankenstein, Jun 25, 2018
  17. Frankenstein

    Frankenstein Well-Known Member

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    2719 with 19 minutes left. So far, so good for the bulls
     
    #37 Frankenstein, Jun 25, 2018
  18. OldFart

    OldFart Well-Known Member

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    CNBC can't keep up.....lol
    cnbc.png
     
    #38 OldFart, Jun 25, 2018
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  19. Frankenstein

    Frankenstein Well-Known Member

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    Had it hit 2722. But so far above that 2715 level
     
    #39 Frankenstein, Jun 25, 2018
  20. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Power hour indeed!
     
    #40 AverageJoesTrades, Jun 25, 2018
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