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

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

  1. OldFart

    OldFart Well-Known Member

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  2. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    makes sense - volatility took a huge dive as well.
     
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  3. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    i nibbled on some ntnx and labu. i had closed out all my positions except twlo by last friday as something felt off with the pullback plus i was already iffy about june as is, my intuition was right. june always likes to slug you in the mouth when u least expect it lol.
     
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  5. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I forgot to turn on the long portion of my code last night... facepalm.
     
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  6. T0rm3nted

    T0rm3nted Moderator
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    Enjoying this dip, but would enjoy it significantly more with a few more down days. Need some better buying opportunities.
     
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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah I would love to get into some long positions, but didn’t do so today since I am waiting for better entry and was a little distracted by soccer. Hopefully I didn’t miss the opportunity today :p
     
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  8. Random Guy

    Random Guy New Member

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    Halo,
    I by ADBE end STM tomarrow at open.
     
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  9. T0rm3nted

    T0rm3nted Moderator
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    Welcome to the forums, and good luck on your trades.
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Futures up slightly, Shanghai stock market is down about 1% again today as of now though
     
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  11. Stockaholic

    Stockaholic Content Manager

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  12. Stockaholic

    Stockaholic Content Manager

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    Good Tuesday morning to all.

    Here is the pre-market thread for those wanting to get a quick read in before today's open-
    [​IMG] <-- click there to read!

    Hope everyone has a great trading day ahead today!
     
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  13. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    just got out of a meeting - short 829 shares of VXX @ 37.16 @ 10:00AM this morning
     
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  14. OldFart

    OldFart Well-Known Member

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    Looks like we're just range bound today....so far anyway
     
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  15. Frankenstein

    Frankenstein Well-Known Member

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    Right. Interesting. Range bound today. So, far. But at a later point--as a swing trade, the price shall have to go up some from this level, according to my theory
     
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  16. Frankenstein

    Frankenstein Well-Known Member

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    But, if the SPX collapses again, I too see it as a continuing buying opportunity for longs
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    A lot of volume in the Dow Stocks
    [​IMG]

    Just because of the switch, right?
     
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  18. bigbull

    bigbull Active Member

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    It seems the market is no hurry to move appreciably higher or lower anytime soon.

    Selling puts on pullbacks, getting placed stock and then selling calls against your position into measured rallies has been the name of the game this year. Takes capital to do it, though. Can't find a reason why it would change when there is broad distribution taking place within tech, which if I am not mistaken, makes up 40% of the S&P 500. Until it ends or there is new leading sector, Im afraid the path is mute to slightly lower.
     
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  19. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    closed my VXX short @ 36.52 - not daring to hold overnight at this point.
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Oil having a great day and so do the oil stocks :eek:
     
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