Stock Market Daily Discussion for May 9th - 13th

Discussion in 'Stock Market Today' started by StockJock-e, May 7, 2016.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    GLD only up a little today, but the miners indeed did very well.
     
  2. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    yea i bought nugt. my bad in my head i refer to gdx and nugt as gold, i never bought gld, lol.
     
  3. surfsup

    surfsup Active Member

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    Which index are you referring to? I posted this last week, what's interesting is the SSEC was a bit stronger but now its breaking down. SSEC made a lower high and lower low. HSI broke below it's channel and the 50. Nikk is still in a trading channel but is experiencing a weak bounce.

     
  4. surfsup

    surfsup Active Member

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    Interesting that in March, Australia was tanking to join SSEC's downfall (nearly 10% below SPX) that began xmastime but then recovered, vs the SPX. Chart shows SSEC never really bounced at all in March. Really looks weak currently.

    SSEC vs SPX AORD.PNG
     
  5. surfsup

    surfsup Active Member

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    I picked up some FCX this AM and CNQ yesterday. I also like URA and RGR here. Got both of those too. I think for RGR, doesn't matter which way it goes... Hillary and Trump will both be good for guns! :)
     
  6. surfsup

    surfsup Active Member

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    CENT and OPCO but opco is pink
     
  7. duck mich

    duck mich Member

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    $AMZN is looking overbought at this point RSI very high
     
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Lol no problem, good luck on the trade ;)
     
  9. internationalstocks

    internationalstocks Active Member

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  10. MaximusAnalysis

    MaximusAnalysis Active Member

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    #ES_F $ES_F #SPY levels to watch 2082 / / 2070.75 / / 2059.50
     
  11. StockJock-e

    StockJock-e Brew Master
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    Thats when it tricks you!

    It keeps riding that RSI highs longer than you think it can! lol
     
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  12. StockJock-e

    StockJock-e Brew Master
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    What do you base these levels off? Which time frame are you using?
     
  13. StockJock-e

    StockJock-e Brew Master
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    GDX has has an amazing run this past month!

    [​IMG]
     
  14. surfsup

    surfsup Active Member

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    Taiwan's recent performance is certainly lagging the other Asian indices. I didn't notice thx.
     
  15. surfsup

    surfsup Active Member

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    watching tech to see what it does here. 200/50 convergence as resistance lines up with some tops and bottoms. Weakness in Asia. When things are not moving in unison that is certainly a sign of a bear in the midst.

    compq.PNG
     
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  16. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    nugt up 10% 2 days in a row, im lovin it :)
     
  17. StockJock-e

    StockJock-e Brew Master
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    Should this be a concern to US markets?
     
  18. OldFart

    OldFart Well-Known Member

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    SCTY & EYES on the move...
     
  19. StockJock-e

    StockJock-e Brew Master
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    [​IMG]
     
  20. OldFart

    OldFart Well-Known Member

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    retailers got smacked down

    WMT, TGT, TJX all tanked
     

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