Daily Discussion - Main Discussion thread

Discussion in 'Stock Market Today' started by T0rm3nted, Feb 8, 2021.

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    SUMO making a nice move, found a bottom and testing 3-month highs
    [​IMG]
     
  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    EVOP is a payments processor in "the Americas and Europe" and is making a move into Chile. IPO in 2018, has traded between $15 and $30 but is near ATH.
    Support at the 200 sma, see if it can hold this month's low.
    [​IMG]
     
  3. removedatuserrequest

    removedatuserrequest Well-Known Member

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    nice red start to the morning here (for a change). more of this por favor. :D 1.png
     
  4. ddebrazza

    ddebrazza Active Member

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    Whole market down for the most part. I think we are in for a rough summer. BUT as long as nothing crazy happens, I think it will boom and boom hard come November. I still think the Dems find a way to knock Biden off before Black Friday.
     
  5. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Today was a wild day. At least 3 TICKs of -1000 but we never broke down; 2 TICKs of nearly +1000 too.
     
  6. StockJock-e

    StockJock-e Brew Master
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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Got into BABA again yesterday. Decent bounce today and holding into the weekend, let's hope the Chinese market doesn't tank before we open on Monday :p
     
  8. removedatuserrequest

    removedatuserrequest Well-Known Member

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    Earnings Season Begins! Most Anticipated Earnings Releases for the week beginning July 12th, 2021:
    er1.png
     
  9. ddebrazza

    ddebrazza Active Member

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    Anyone else see Stamps.com got bought out and their shares jumped by almost 70% from 200-ish to 320-ish
     
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah STMP is going private, a pretty big premium.
    Kind of eyebrow-raising because it was at this price just last year, so why do the owners want to cash out now?
     
  11. removedatuserrequest

    removedatuserrequest Well-Known Member

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    Just a super quick reminder for those who may interested. Here is the live stream link courtesy of YouTube of Sir Richard Branson’s SPCE spaceflight this AM. Looks like flights been pushed back about an hour due to safety concerns (weather). Currently set to take flight in about 4 hours from now, but that could obviously change as well. Anyway, here’s where y’all’s can find the live stream:
     
  12. ddebrazza

    ddebrazza Active Member

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    Thanks for sharing! I will definitely be keeping an eye on this for later on!

    Trying to figure out what it is scheduled in my local time zone, Arizona.
     
  13. removedatuserrequest

    removedatuserrequest Well-Known Member

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    are we all ready for the upcoming earnings season? ew is fresh out with its monthly most anticipated calendar for the next several weeks out.
    ermonthly1.jpg
     
  14. T0rm3nted

    T0rm3nted Moderator
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  15. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I like TSM reporting on Thursday morning, looking for semiconductors to break out.
     
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Value stocks may be ready to bust out.
    Looks like interest rates have bottomed, via the bond etf TLT running into resistance at the 200 sma.
     
  17. removedatuserrequest

    removedatuserrequest Well-Known Member

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    am curious to see how the market reacts to the CPI # this AM. admittedly am hoping for bout of volatility to enter this market already (i know, wishful thinking on my part, right? :p). feeling like things are a bit too mundane out there (or at least for me anyway). not really much ado about anything. i realize we're now in the thick of the so-called "summer doldrums" period, so i suspect things could remain pretty dull until maybe the Jackson Hole event next month i guess... but let's be honest here here, aside from a few individual names here and there (aka, the meme stonks), market as a whole (while yes, it has been having a decent year to this point grinding higher and making new ATHs seemingly on a daily basis) has been largely mundane all year to this point. don't get me wrong here. i'm all for higher markets, but man this sideways to higher grind has been deadly.

    i hate to ever wish for bad things, cause i'm not the type. but, at this point i honestly wouldn't mind to see some scary black swan event hit, in order to bring some life back into these market. it's been sooo, how do i say .... uninspiring? everything seems as if its been priced in. there's no more surprises it seems nowadays. makes for pretty freaking boring market action haha. just my 2c with regards to that anyway. :p

    anyway, glta today and the rest of this week.
     
    #737 removedatuserrequest, Jul 13, 2021
    Last edited: Jul 13, 2021
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  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    We might close on the lows.
    I bought some protection for the next week. The McClellan Oscillator is showing weakness at least.
     
  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    A couple of -1000 TICKs today, 75% of stocks are down, but market managed to trade sideways.
    The big boys FANGM doing some powerlifting.
     
  20. StockJock-e

    StockJock-e Brew Master
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    I am perfectly comfortable with the markets pulling back for the rest of the summer

    upload_2021-7-13_12-57-28.png
     
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