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Stock Market Today: April 15th - 19th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Apr 12, 2019.

  1. bigbear0083

    bigbear0083 Content Manager
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    just ran across this chart in my afternoon reads.

    april is historically the best month of the year for the spx over the past 20 years.

    usually the best part of the month begins right about mid month, basically where we are now, as seen in this average spx move in april during the past 20 years.

    absent some crazy black swan event, are we about to embark on a new spx ATH print soon? :p

    [​IMG]
     
    OldFart likes this.
  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Not sure if this data is outdated, but I still hear people tend to feel the market runs into a holiday weekend.

    https://www.jstor.org/stable/2328753?seq=1#page_scan_tab_contents

    Abstract
    On the trading day prior to holidays, stocks advance with disproportionate frequency and show high mean returns averaging nine to fourteen times the mean return for the remaining days of the year. Over one third of the total return accruing to the market portfolio over the 1963-1982 period was earned on the eight trading days which each year fall before holiday market closings. Examination of hourly pre-holiday stock returns reveals high returns throughout the day. Pre-holiday stock returns in the post-test 1983-1986 period are also examined.
     
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  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Who do you say is the Chinese Amazon? This is not a right or wrong question, just curious.
    I thought the consensus was that it was Alibaba, tacking on the fact that Alibaba leads the Chinese market in cloud computing.

    Then I read this story, which popped up because there seems to be a lot of backlash in Chinese workers with the 996 system.
    https://www.bbc.com/news/business-47934513
    I got a chuckle or two.

    996 hours: "a 9am to 9pm working day, and a six-day week."
    "Last week, Mr Ma wrote that without the system, China's economy was "very likely to lose vitality and impetus". His stance was backed by fellow tech entrepreneur Richard Liu, the boss of ecommerce giant JD.com. On Friday, Mr Ma called the opportunity to work 996 hours a "blessing"." [it's not in this story, but his context was that it was a blessing to work for Alibaba on the 996 system, I guess workers could leave Alibaba if they don't want 996]
    Mr. Liu of JD.com: "Instead, the number of slackers has rapidly grown! If this carries on, JD will have no hope! And the company will only be heartlessly kicked out of the market! Slackers are not my brothers!"

    Mr Ma co-founded Alibaba, sometimes called China's eBay, in 1999 and has seen it become one of the world's biggest internet companies.

    I guess this would be the exception where the Chinese copy exceeded the American original.
     
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  4. bigbear0083

    bigbear0083 Content Manager
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    UNH continues to get hit despite pretty good earnings :eek: I truly doubt “Medicare for all” will happen anytime soon
     
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  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    QCOM spiking :eek:
     
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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    OldFart likes this.
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Medical devices falling, after such a long and strong run for many of these stocks.
    The IHI ETF holds ISRG, EW, BSX.
     
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  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Whoa +20%
     
  10. StockJock-e

    StockJock-e Brew Master
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    QCOM impressive +23%

    Qualcomm, Apple drop all litigation;
     
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  11. bigbear0083

    bigbear0083 Content Manager
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    Good Friday Trading: Strength Before Weakness After
    [​IMG]
    Good Friday is the one NYSE holiday with a clear positive bias before and negativity the day after. DJIA, S&P 500, NASDAQ and Russell 2000 all have solid average gains on the day before but are all net losers on the day after Easter since 1980. NASDAQ has been notably strong, up 17 of the last 18 days before Good Friday with the one loss occurring in 2017.

    The day after Easter has the worst post-holiday record though average losses are steeper after Presidents’ Day. The S&P 500 was down 16 of 20 years from 1984-2003 on the day after Easter but is has been up ten of the last fifteen years.
    [​IMG]
     
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  12. Quantamize

    Quantamize New Member

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    Some of the top ideas include:

    • DISCOVER FINANCIAL SVCS
    • STARBUCKS CORP
    • FLEETCOR TECHNOLOGIES INC
    • VERISIGN INC
    • VICI PROPERTIES INC
    • VISA INC
    • CELGENE CORP
    • POPULAR INC
    Thoughts? Using factor models to come up with these ideas. The thinking is to maximize the "value" factor while also maximizing "quality" at the same time.

    Can read more about it at Quantamize.com, a free to access platform dedicated to providing individual investors with awesome trade ideas, portfolios and markets data...always free
     
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  13. StockJock-e

    StockJock-e Brew Master
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    Visa has been unstoppable lately.
     
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  14. Quantamize

    Quantamize New Member

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    It really has! Had 2 different options on it...call spread collars where the OTM call spread is funded by the sale of an OTM Put. Total leverage return but man they have been awesome. Visa has had some great momentum behind it recently.
     
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  15. bigbear0083

    bigbear0083 Content Manager
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  16. Quantamize

    Quantamize New Member

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    Surprised we aren't seeing a nicer rally in International stocks.

    upload_2019-4-17_8-24-54.png
     
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  17. OldFart

    OldFart Well-Known Member

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  18. OldFart

    OldFart Well-Known Member

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    When is the Fed manipulation....I mean, Fed speech starting?

    Aahh...just saw it on the front page
    12:30
     
    #38 OldFart, Apr 17, 2019
    Last edited: Apr 17, 2019
  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Looks like a lot of nice dips to buy...
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Healthcare stocks getting slammed once again, XLV down well over 2.8% right now :eek:
     
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