Stock Market Weekly Discussion: October 23rd - 27th

Discussion in 'Stock Market Today' started by T0rm3nted, Oct 21, 2017.

  1. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,460
    Likes Received:
    3,278
    Welcome Stockaholics to the trading week of October 23rd!

    This past week saw the following moves in the S&P:
    upload_2017-10-21_17-36-54.png

    Major Indices End of Week:
    upload_2017-10-21_17-38-55.png

    Bird's Eye view of the Major Futures Markets on Friday:
    upload_2017-10-21_17-39-24.png

    Economic Calendar for the Week Ahead:
    upload_2017-10-21_17-40-4.png

    Here are the most notable earnings releases calendar due out for this upcoming week ahead:
    [​IMG]

    Good luck to everyone in the trading week ahead!
     
  2. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,460
    Likes Received:
    3,278
    Looks pretty dull heading into the start of the week

    upload_2017-10-23_2-10-38.png
     
  3. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    good morning!

    looks like we could make some history today.

    if the spx does not close down by greater than -2.99% then this will be the longest streak ever in history without seeing a -3% pullback. that's 242 consecutive trading days! :eek:

    here are some other amazing stats for today-
    • the spx has now gone 33 consecutive sessions without a 0.5% daily decline, which is the longest streak since 1995.
    • the spx average daily change on an absolute basis so far this year has been only 0.30%, the smallest since 1965.
    • the spx has closed lower 1% or more only four times -- the fewest for a full year since 1964.
    [​IMG]
     
  4. LloydWCoutee

    LloydWCoutee Active Member

    Joined:
    May 4, 2016
    Messages:
    721
    Likes Received:
    58
    $DBVT ANyone buying at these oversold limits will make money.
     
  5. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,460
    Likes Received:
    3,278
  6. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    Kaban likes this.
  7. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,544
    Likes Received:
    3,544
    Morning bigbear!

    First IBM, now CAT, these old stocks are acting young again! :D
     
    Kaban likes this.
  8. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,544
    Likes Received:
    3,544
    At first I didnt recognize what stock this was until I realized you were looking at a pretty damn long term chart! :D

    So you say 2019 is going to suck for IBM?
     
    Kaban likes this.
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,591
    Likes Received:
    4,621
    Great day for MMM and CAT :eek:
     
  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,591
    Likes Received:
    4,621
    The VIX is moving up lately despite the indexes are at or very close to the ATH, are we going to some more volatility soon? :D
     
  11. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,460
    Likes Received:
    3,278
  12. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    good morning!
     
  13. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    9,544
    Likes Received:
    3,544
    Morning Cy!

    Oh man, AMD on sale this morning! SO TEMPTING!

    Welcome to hump day!
     
    Stockaholic and Kaban like this.
  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,333
    Likes Received:
    3,380
  15. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    T0rm3nted likes this.
  16. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    was out all morning ... just now getting on to check up on the markets and was confused by what i was seeing ... what is that odd color? heard we were down -20 handles earlier? gotta be fake news! :p
     
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,591
    Likes Received:
    4,621
    Are we finally going to see some kind of correction? :p If interest rates continue to move higher then it could become the headwind equities eventually. We should know who will be the next FED Chair by beginning of next month too and it could be a market moving event
     
  18. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
  19. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
  20. Stockaholic

    Stockaholic Content Manager

    Joined:
    Mar 29, 2016
    Messages:
    13,767
    Likes Received:
    7,050
    mixed bag out there off the open as of now

    [​IMG]
     
    T0rm3nted likes this.

Share This Page