whelp, things have quieted down quite dramatically since the feb. selloff after that spike to 1% daily changes, we're now back down to +/-0.56% daily change, that is quite the drop off. my guess is that this will probably continue at least until the WC has concluded ... zzzz's
Daytrading is you buy and sell same stock in same day, if you keep it overnight, that doesn’t count daytrading
Trump fires back at Beijing with threat of new tariffs on $200 billion in Chinese goods https://www.cnbc.com/2018/06/18/tru...or-additional-tariffs-at-10-percent-rate.html Dow futures down well over 100 points right now, we will see if we get another BTFD day tomorrow or the market will start to get seriously concerned on trade war between the US and China
Yeah feeling like 2017 again lately Pretty amazing that the market is holding up so well despite those trade tension headlines
What has me uneasy about today`s gap down is the low volume at the open. If higher prices are not repaired, any increase in supply will only prolong any breakout of the range, or worst, lead to another nasty mark.down that has the potential of threatening the move off the recent lows.
Last week, the markets pretty much ignored all the tariff talk back n forth and bought the dips. This week, they claim the tariff talk has dropped the markets. I think it's just the rich guys manipulating the markets again and hitting stops.
I think the market will continue to discount the event day by day since it is a fluid situation with many unknowns, but I would caution not to read too much into it. A trade war is a major concern not just for the balance of trade, but how countries end up steering economies into the future. There is no reason to downplay what's going on, but if you actually take an objective look on how a trade war would impact the stock market (alone), you'd come to find most of the stock market is actually insulated by the event. If it were the case you wouldn't see the IWM rally to new highs. In fact, I would correlate different `shock events` to stock market performance 1, 6, 12, 18, 24 and 36 months out and I am almost certain the correlation is low (ex panics were the banking system was called into question). This does not mean the stock market cannot go down or tread water as fear of the unknown and volatility leads to imprudence, but people are treating this as a special event that has the potential of changing the course of events where other more pressing issues are already shaping current market structure. The stock market will always have îssues`to contend with. This is just another issue markets will have to learn to deal with. The press does a great job in giving each event the attention it deserves, and people gladfully accept it. What I am trying to say, if anything, is that a trade war ends up affecting main street more so than central bank policy action or the stock market. We, the consumer, always end up paying for others mismanagement, imprudence, malevolence and/or greed. Its always been the case. Of course, there are companies that will have their businesses directly affected by this -- Campbell being one of them -- but to say this event is an agent that will change trends that have long been set in motion and have the ability to alter market structure is an incomplete way of viewing the matter. These change in policies offer an opportunity to favor and disfavor stocks, groups, sectors. More than anything, this event has the potential of changing the paradigm within the stock market but at no major cost to itself. Lets just say other more pressing issues are the true engines of today`s stock market.
Still doesn’t look like a lot of fears in the market to me IWM barely down and the safe havens like Treausry and have a good day but nothing too extreme. Still look like a BTFD opportunity to me
another recovery of the market from the lows, now we are seeing positive 1000 numbers on the $TICK, some serious buying of the dips.
Yeah I guess it is why. 1% growth is really not that good, SBUX still isn’t that cheap of a stock despite underperforming when compare to the overall market
Walgreens replacing GE on the Dow https://www.cnbc.com/2018/06/19/walgreens-replacing-ge-on-the-dow.html WBA up 3% while GE down about 1.5% as of now
dang, xbi been killing it, wish i had bought more LABU when it had that small pullback to 99, i only got half a position on. ntnx and amd hovering around support, might sell if they dont bounce this week.
