This week started with a gap down. This morning SPY & QQQ went to fill the gap, while DIA ran into resistance before getting into it..
Wow DOW down 1K for the day, volatility might be coming back for this market September is usually not too friendly for stocks and the FED is supposed to ramp up QT next month, should be an interesting market to watch in the coming weeks
The SPX hit 4800, then hit 4600 as the new top and the chart below actually showed 4300 from last week as the new top--and so, based on that, it seems that 4200 might become the new top or we're in that zone already. Interesting. [QUOTE="anotherdevilsadvocate, post: 170738, member: 26"[/QUO
A -1600 tick today but we did not even reach the overnight lows. Hoping tomorrow has a big negative tick that takes us below 4000 /ES (and also below the 50 sma).
When Long Meme Stocks' Cash Runs Out Based on free cash flow in past 12 months Name Ticker Years until cash, short-term investments run out Sector Marathon Digital Holdings (MARA) 0.1 Information Technology Carvana (CVNA) 0.5 Consumer Discretionary Invitae (NVTA) 1.0 Health Care GameStop (GME) 1.3 Consumer Discretionary AMC Entertainment Holdings (AMC) 1.6 Communication Services Novavax (NVAX) 1.7 Health Care Lucid Group (LCID) 1.8 Consumer Discretionary DraftKings (DKNG) 1.9 Consumer Discretionary Tilray Brands (TLRY) 2.0 Health Care
The average price of energy commodities is now anticipated to increase by 46% in 2023 compared to predictions made in January 2022. Here are some low-float energy names that have made big moves, and may have more room to run if heavy buying volume comes in: PrimeEnergy Corp (NASDAQ: PNRG) NCS Multistage Holdings Inc (NASDAQ: NCSM) Mexco Energy Corp (NYSE: MXC) CKX Lands Inc (NYSE: CKX) Indonesia Energy Corp Ltd (NYSE: INDO) The following dependable energy companies offer investors peace of mind that their capital is secure: Valero Energy (NYSE: VLO) ConocoPhillips (NYSE: COP) Schlumberger NV (NYSE: SLB) Occidental Petroleum Corporation (NYSE: OXY) Exxon Mobil Corp (NYSE: XOM) Here are some short squeeze energy candidates that could go for a wild ride: Vertex Energy Inc (NASDAQ: VTNR) Chesapeake Energy Ord Shs (NASDAQ: CHK) CNX Resources Corp (NYSE: CNX) Gevo Inc (NASDAQ: GEVO) Centennial Resource Development Inc (NASDAQ: CDEV) © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Still long way to get there and a big if for sure but I think we will hit the June lows again unless inflation is going downhill from here quickly
Market was very red today, but VIX reversed. If the lows hold tomorrow, then that'll be good for the bulls.
I will be going on a trip starting from tomorrow, hope you guys will make some money while I won't be doing too much trading during my trip
Just had a big after hours drop in the market. I think it is due to the NVDA news; US has ordered NVDA to stop selling its top AI chip to China.
