Stock Market Today: November 26th - 30th, 2018

Discussion in 'Stock Market Today' started by Stockaholic, Nov 24, 2018.

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Range-bound between 2 gaps. 2650 below, 2680 above. Wonder if we'll be like this all week.
    Underneath it all, see which sectors move up easily and hold up, and which sectors move down easily and stay down.
     
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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Powell speech tomorrow and then the G20 starts Thursday, could be setting up for a very interesting finish for this trading week :D
     
  3. Frankenstein

    Frankenstein Well-Known Member

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    I want the SPX at 2600 for a long entry. My theory says that the SPX has to re trace to the 2750 level at some point.
     
  4. Stockaholic

    Stockaholic Content Manager

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  5. Stockaholic

    Stockaholic Content Manager

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    Good Wednesday morning to all.

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

    anotherdevilsadvocate Well-Known Member

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    A weak hold by the tech stocks, after yesterday's big results from CRM and NTNX.
     
  7. Frankenstein

    Frankenstein Well-Known Member

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    On November 20th I wrote: "With this collapse, I might target profit taking around the 2720 to 2730 level. Of course, everything depends on the price action." The SPX hit 2723. I'm all out. I exited yesterday at 2675--risk management. Made some profit but, of course, not as much as I could have. Again, price prediction and trade management are separate issues.
     
    #27 Frankenstein, Nov 28, 2018
    Last edited: Nov 28, 2018
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  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  9. Frankenstein

    Frankenstein Well-Known Member

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    And so...I shall look for a new opportunity with a fresh start. Hopefully, with Trump, we shall have more excellent opportunities in the future.
     
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  10. internationalstocks

    internationalstocks Active Member

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  11. internationalstocks

    internationalstocks Active Member

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    Next week will tell. After G20 the new daily, weekly and monthly candles will start next week. Let's see. Perhaps a short Santa's rally for time being and end of the month dressing.
     
    #31 internationalstocks, Nov 28, 2018
    Last edited: Nov 28, 2018
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    All major indexes are up well over 2% and the NASDAQ is up almost 3% :eek: I guess we are going to the moon if we get some good news at G20 this weekend :p
     
  13. Frankenstein

    Frankenstein Well-Known Member

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    So, the SPX hit 2743. I wrote the above yesterday. Too bad, it didn't collapse first
     
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  14. Frankenstein

    Frankenstein Well-Known Member

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    Oh, well. I shall return when a nice entry level happens
     
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  15. Venom08

    Venom08 Active Member

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    Santa Rally in full swing? Biggest rally in eight months today.
     
  16. Stockaholic

    Stockaholic Content Manager

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  17. Stockaholic

    Stockaholic Content Manager

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    Good Thursday morning to all.

    Here is the pre-market thread for those of you wanting to get a quick read before today's open-
    [​IMG] <-- click there to read!
     
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Market remains pretty resilient after a brief selloff on trade war headlines :eek:

    10 year yields now at just barely over 3% which is a pretty sweet spot for stocks, let’s see if the FED Minutes at 2 PM will move the market :D
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    [​IMG]

    Deutsche Bank down big once again, something to keep an eye on especially for the banking sector
     
  20. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    ...and will the minutes be consistent with what Powell said yesterday? (Or, at least, how Mr. Market interpreted what Powell said yesterday.)
     
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