Daily Discussion - Main Discussion thread

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

  1. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
    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 heating up!).

    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/q90j02/wall_street_week_ahead_for_the_trading_week/

    I hope you all have a splendid weekend, and a great trading week ahead. :thumbsup:

    er1.png
    ervol1.png
     
    #1161 bearmarketcrash, Oct 16, 2021
    Last edited: Oct 16, 2021
    stock1234 likes this.
  2. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,184
    Likes Received:
    3,010
  3. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
    cnn futures lookin' a lil wonky there again haha ... not sure if futs were ever up that much, even during the overnight :p

    finviz seems to show it correct at least this AM and confirmed that was the case checking it up on my tos platform haha.

    1.png
     
  4. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
    Morning Lineup - 10/18/21 - China Growth Slows
    Mon, Oct 18, 2021

    It's looking like a weak start to trading for the week as futures are firmly lower ahead of the opening bell. We've seen a big jump in interest rates over the last two trading sessions as BoE Governor Bailey came out with some hawkish comments related to inflation. In economic data, Chinese GDP came in below forecasts with Q3 growth coming in at just 0.2 on a quarter/quarter basis.

    Outside of Communication Services which fell nearly 1%, every other sector within the S&P 500 finished last week higher, and in some cases, a lot higher. Materials, Real Estate, and Consumer Discretionary all rallied more than 3% with the latter also hitting a new high. Every other sector besides Health Care (and Communication Services) were all up by over 1%. In terms of where each sector finished the week relative to its 50-day moving average, they are currently all over the map. Sectors like Consumer Discretionary, Energy, and Financials are all at 'extreme' overbought levels while Health Care and Communication Services are still below their 50-DMAs. Even Real Estate, which was the second-best performing sector, still finished the week below its 50-DMA.

    [​IMG]
     
    stock1234 likes this.
  5. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,637
    Likes Received:
    2,849
    bearmarketcrash likes this.
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,637
    Likes Received:
    2,849
    NFLX reporting tomorrow; I do not want to be long it.
     
    bearmarketcrash likes this.
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,544
    Likes Received:
    3,821
    Doing ok so far but I guess it would be better if I got into BTU instead of ARCH :p
     
    bearmarketcrash likes this.
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,544
    Likes Received:
    3,821
    With the success of Squid Game, I guess expectations are pretty high for tomorrow. The guidance needs to be good for future subscriber growth.
     
    bearmarketcrash likes this.
  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,544
    Likes Received:
    3,821
  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,637
    Likes Received:
    2,849
    NFLX can make those kinds of movies into hits. Not every one is a hit, but that's how art is.
    Disney relies on churning out well-trodden properties. It makes reliable money.
    Got to see how NFLX trades tomorrow after a nominally nice turnaround today. It might be able to hold up after all.

    SPX and NDX working on 4-day winning streaks now.
    [​IMG]
    The top of the channel extends 5% up from here.
     
    bearmarketcrash and stock1234 like this.
  12. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
    Top of the morning Stockaholics! Happy 34-year Anniversary of the '87 Crash to all of you! And welcome to the new trading day and a fresh start! Here is a quick check on those futures as we are just under 2 hour away from the cash market open.

    GLTA on this Tuesday, October the 19th, 2021!

    1.png
    2.png
     
  13. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    8,184
    Likes Received:
    3,010
  14. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
  15. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
    Happy 34-year Anniversary of the '87 crash today! :D

     
    anotherdevilsadvocate likes this.
  16. emmett kelly

    emmett kelly Well-Known Member

    Joined:
    Dec 21, 2017
    Messages:
    998
    Likes Received:
    686
    i clearly remember the cubicle i was sitting in that day. also, experienced my first california earthquake in that cubicle. seems like yesterday.
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,637
    Likes Received:
    2,849
    BB is getting talk on Reddit. Maybe it can make a move back toward $25.
     
    bearmarketcrash likes this.
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,544
    Likes Received:
    3,821




    Maybe we should be a little more concerned about the market now with these guys seem to be super bullish and feel like nothing could go wrong :D
     
    bearmarketcrash likes this.
  19. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
    Top of the morning Stockaholics! Happy Wednesday to all of you! And welcome to the new trading day and a fresh start! Here is a quick check on those futures as we are just under 4 hours away from the cash market open.

    GLTA on this Wednesday, October the 20th, 2021!

    2.png
    3.png
     
    stock1234 likes this.
  20. bearmarketcrash

    bearmarketcrash Well-Known Member

    Joined:
    Feb 8, 2021
    Messages:
    298
    Likes Received:
    343
    Morning Lineup - 10/20/21 - Futures Little Changed
    Wed, Oct 20, 2021

    There's little movement in international equity markets and US equity futures currently, and the 10-year yield is flat at 1.63%. There's no economic data to speak of today, but the Beige Book will be released at 2PM eastern. The S&P 500 has been up for five straight days now (its longest winning streak since late August) so a rest wouldn't be too bad of a thing.

    While it initially rallied after the report was released, shares of Netflix (NFLX) quickly reversed in after-hours trading and are now looking at a loss of about 2% in the pre-market. While subscriber growth numbers came in better than expected, growth in North America looked a little more sluggish raising questions (again) that the streaming service has reached the saturation point in the United States.

    Similar to the illustrations we provided of the large banks last week, the chart below shows the performance of NFLX since the start of 2020 with red dots indicating the closing price on the company's earnings reaction day. What's looking like a decline of around 2% for NFLX today would mark the seventh time in the last eight quarters where NFLX declined in reaction to earnings, and in each case, it has been a similar story; either sub growth was weaker than expected or investors anticipated that North American sub growth going forward would slow. Despite the short-term pessimism around each quarter's report, since the start of 2020, NFLX has risen about 97% which is more than double the 44% gain of the S&P 500.

    [​IMG]
     
    stock1234 likes this.

Share This Page