Stock Market Daily Discussion for May 16th - 20th

Discussion in 'Stock Market Today' started by StockJock-e, May 14, 2016.

  1. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    2pm EST
     
  2. StockJock-e

    StockJock-e Brew Master
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    You expecting any excitement?
     
  3. tjatlking

    tjatlking New Member

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    I think the market has already over reacted, which is very common. I am sure that today after the FED releases, things will get very interesting.
     
  4. StockJock-e

    StockJock-e Brew Master
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    MGT in the $5's !
     
  5. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    not sure, the only thing i want is for the minutes to be more dovish than people were expecting so gold can go higher lol.
     
  6. OldFart

    OldFart Well-Known Member

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    2:00 EST I think
     
  7. StockJock-e

    StockJock-e Brew Master
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    MGT wow!

    Knocked down to $2.65, now back above $4

    So many people getting whacked here!
     
  8. StockJock-e

    StockJock-e Brew Master
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    Who ever grabbed MGT around $2.60.. well done!
     
  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Bank stocks are doing great. Even yesterday BAC, C were positive.
     
  10. pftq

    pftq Member

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  11. DoveJohns

    DoveJohns Active Member

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    Jumped into Dust for a quick buck
     
  12. tjatlking

    tjatlking New Member

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    The FED's just caused me to dump my position..
     
  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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  14. StockJock-e

    StockJock-e Brew Master
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    Fed says a hike in June if markets look good.

    Swift sell off, -1200 tick, but lets see how this goes into the next 20min
     
  15. StockJock-e

    StockJock-e Brew Master
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    I would say yes, or a bunch of people just became millionaires! lol
     
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I'm hoping yes, I never pulled the trigger on that one. lmao
    Then @DoveJohns mentioned it...
     
  17. DoveJohns

    DoveJohns Active Member

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    Yes 1:10 ... It is up 14%(currently) for the day. Was around 4% prior to Fed minutes,.

    Edit: Never realized it changes the order of the message when you edit lol
     
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I thought they said if the economic data look good :D Seriously I think they will try to hike in June if the markets aren't collapsing from here.
     
  19. StockJock-e

    StockJock-e Brew Master
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    Well, TGT and every retailer is saying things suck, so lets just get this out of the way. No rate hike :D

    I actually want a rate hike, this market needs to normalize and remember that its ok to have rates a bit higher!
     
    Venom08 likes this.
  20. StockJock-e

    StockJock-e Brew Master
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    MGT really gave a wild ride today, first be flush since this nonsense began!
     

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