Stock Market Daily Discussion - July 5th to July 8th

Discussion in 'Stock Market Today' started by StockJock-e, Jul 3, 2016.

  1. OldFart

    OldFart Well-Known Member

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    I think traditional home phones and cable / FIOS for TV is a dying market. With faster internet speeds, and google fiber trying to take over the planet with virtually no competition, it'll soon be internet TV all the way.

    Only thing we have right now is internet @ around $67 per month, a home made antenna for local broadcasts, and two roku players with amazon + SlingTv.
     
  2. StockJock-e

    StockJock-e Brew Master
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    What do you mean no competition?

    ATT and Time Warner ramping up services big time to try compete!

    They will drop their prices even more once my neighbors start getting Google Fiber hooked up!

    Im actually all for getting google fiber, but if Time Warner will chop $20 off my bill, Ill keep them.
     
  3. StockJock-e

    StockJock-e Brew Master
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    Dow closes down more than 100 points, snaps 4-day win streak


    U.S. stocks closed lower Tuesday, amid record lows in the benchmark 10-year Treasury yield, as global growth concerns weighed.

    The Dow Jones industrial average closed about 108 points lower after earlier falling 164 points, with Goldman Sachs contributing the most to declines.

    "It's really just currency and yields. By watching currencies, watching yields, you get a pretty good sense of what's on investors' minds and right now it looks like slowing economic growth," said Jack Ablin, chief investment officer at BMO Private Bank.
     
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  4. OldFart

    OldFart Well-Known Member

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    not down here in Florida ( land of the politicians with greedy hands wide open )
     
  5. StockJock-e

    StockJock-e Brew Master
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    Ah free markets at work!
     
  6. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    you guys are lucky, you have actual options, im stuck with crappy comcast :/
     
  7. OldFart

    OldFart Well-Known Member

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    better than frontier communications...just do a search for frontier complaints and you'll thank your lucky stars...lol

    some people haven't had internet , phone or TV for 4 months since frontier took over
     
  8. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    Wow I would have to get a hotel somewhere just to trade... until the house sold lol

    We have TWC and I really can't say anything bad about them, I never have problems and I have great speeds.
     
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  9. MaximusAnalysis

    MaximusAnalysis Active Member

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    Today's Market Thoughts

     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yields keep going lower, we might see the 10 year below of 1% by next year if the Fed isn't hiking rates any time soon :eek:
     
    #30 stock1234, Jul 5, 2016
    Last edited: Jul 5, 2016
  11. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    I don't think the FED can hike with negative rates in 1/2 the other industrialized countries. I thought I got a deal with my 3 1/2% refi I just did, but I think I was too early. ...Story of my life :mad:
     
  12. StockJock-e

    StockJock-e Brew Master
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    Still a lot better than the 1980's!
     
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  13. MaximusAnalysis

    MaximusAnalysis Active Member

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    #ES_F $ES_F #SPY levels to watch 2082 / / 2070.75 / / 2059.50
     
  14. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    the entire biotech is catching a bid here.
     
  15. Stockaholic

    Stockaholic Content Manager

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    damn it why did i have to come back home from vaca ... this does kind of suck i'll have to say lol

    it was such a beautiful thing not checking up on the markets (not even one time!!) while i was away

    getting out and away from the trading world was really an amazing thing ... now i'm back and i'm kind of hating it lol

    oh well ... i'll get back into it again at some point ... hope you guys had a nice 4th! i have so much catching up to do here crap lol
     
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  16. DoveJohns

    DoveJohns Active Member

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    Yeah it seems as if there is a sector rotation going on. Maybe it is the new "defensive thing to do" as metals and utilities went way up and biotech is already beaten down.

    Chart is screaming buy too, it bounced back from 258 or so three days in a row and every indicator is coming together for Biotech as well. I doubt it will be a long run though.


    ibb.jpg
     
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  17. StockJock-e

    StockJock-e Brew Master
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    yeah, I dont trust this biotech move either
     
  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It's a gauge of risk, very different from the utilities that have been fire. Unproven drugs, people want lower drug prices, hard to acquire companies for a good price.
     
  19. MaximusAnalysis

    MaximusAnalysis Active Member

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    [​IMG]

    Big test for $IBB here
     
  20. MaximusAnalysis

    MaximusAnalysis Active Member

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    Lets see how deep the retracement is going to be on the YEN

    [​IMG]
     

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