Affirm shares jump 15% after online lender partners with Target ahead of holiday shopping season BNPL remains hot I guess consumers can just rack up more debt to buy the things that they don’t need
Yeah the Japanese market is pretty volatile, usually they outdo us on the downside when the US market has a big red day
Well, the ES--15 minutes before market opens today--seems to suggest the cash market will likely go for that SPX 4400 test I mentioned before. Unfortunately, I exited all my long positions for "risk management." I had hoped for one more re-trace for buying at around the 4300 level again before this happened. But, go with my trading plan, always, I've learned.
Morning Stockaholics! It's almost about that time again...earnings season! Here is the full anticipated calendar per EW for this month of October. Also just a quick note from EW on this monthly calendar: Finally, this morning's pre-market thread is now up on the r/StockMarket subreddit for those of you looking for a quick read before today's cash market open. https://www.reddit.com/r/StockMarket/comments/q37wpc/107_thursdays_premarket_stock_movers_news/ GL to y'all's rest of this week and month of October trade.
15000 tagged on the #NQ again. non-farm payrolls tomorrow so wasn't expecting too much from the futures / equities today. Because the market usually positions itself before the Friday data I just wanted to trade the ranges. Caught a nice breakdown from Point of Control to the VWAP.
Here are the notable earnings releases as well as the highest volatility earnings releases due out for next week courtesy of earnings whispers (earnings season kicks off this week!). And here is the market week ahead thread which is now up on the r/StockMarket subreddit for anyone looking for a quick read over this coming weekend: https://www.reddit.com/r/StockMarket/comments/q48kyk/wall_street_week_ahead_for_the_trading_week/ I hope you all have a splendid weekend, and a great trading week ahead.
Well, well, well. It's Monday after the cash market closed and ES is bumping around 4330 to 4340. So, maybe that 4300 level might happen again this week. Getting interesting again for a long position.
Morning Lineup - 10/12/21 - Quitters Tue, Oct 12, 2021 After a very quiet start to the week due to the Columbus Day holiday, today is all business for the markets. In the early going, futures have rebounded from overnight lows and are firmly positive ahead of the opening bell. Treasury yields have come in slightly with the 10-year trading right at 1.6%. Asian stocks were mostly lower following news that Evergrande missed another coupon payment, and while European stocks opened lower, they have rebounded a bit during the trading session. As we head into earnings season and expect to hear endless commentary about supply chain disruptions, inflationary pressures, and labor shortages, there were some encouraging comments on the subject over the last 24 hours. For starters, JP Morgan CEO Jamie Dimon said he feels as though supply chain issues won't be a problem "next year at all." Also, both Intel and Samsung have said they expect their plants in Ho Chi Minh city to resume full operations by the end of November. In a pattern that's becoming all too familiar these days, the S&P 500 traded higher throughout the day yesterday only to give up those gains heading into the closing bell and finishing at the lows of the day. In the 28 trading days since the start of September, the S&P 500 has traded lower in the last hour of trading 18 times. The trend has been even more pronounced over the last two weeks as there have only been two trading days in the last ten that the S&P 500 closed the day higher than where it was at 3 PM. Like an old pair of socks where the elastic isn't strong enough anymore, equities have looked a lot like quitters since the unofficial end to summer.
Pre-market thread is now up on the r/StockMarket subreddit for anyone looking for a quick read before today's cash market open. GL to y'all's today and rest of this week! https://www.reddit.com/r/StockMarket/comments/q6l9d8/1012_tuesdays_premarket_stock_movers_news/
The 3 major indexes' futures bounced off the weekly Value Area Low overnight. That may have been the bottom.
Wow small caps have had a narrow range all year. IWM +/- 7% from 219 since February. Got all the moving averages bunched up and now testing the 200sma, if this month breaks down then there'll be a death cross.
