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Stock Market Today: April 20th - 24th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Apr 18, 2020.

  1. T-Coonazz

    T-Coonazz Member

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    Looks like the market is going to be range bound for a while baring no major unanticipated events, next earning season we should see some trends one way or the other it seems like.
     
    OldFart likes this.
  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Bulls still have this line of support in the strongest of the main indices, the Nasdaq.
    [​IMG]
    They will want to get it back above 2750 SPX tomorrow.

    Will be watching NFLX's post-ER reaction tomorrow as well, basically flat after hours. Could be a runner tomorrow, if that line of support holds.
     
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  3. Vdubman

    Vdubman Active Member

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    OldFart likes this.
  4. bigbear0083

    bigbear0083 Content Manager
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    FB, TWTR and PINS all up huge after the earnings from SNAP :eek: Looks like restaurants names also have a great day after the earnings from CMG :eek:
     
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    GDX at 52 week highs :eek: It has underperformed GLD earlier in the year but lately the miners are outperforming :eek:
     
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  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    SPY got the 50 sma resistance to deal with now.
     
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  8. Vdubman

    Vdubman Active Member

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    Nice call today
     
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  9. bigbear0083

    bigbear0083 Content Manager
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  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    SPY goes for the early gap fill.
    [​IMG]
    Bulls need to get over 2825 SPX.
     
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  11. T0rm3nted

    T0rm3nted Moderator
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    Hourly S&P. I'm bullish to ~$2880ish before it meets some resistance

    upload_2020-4-23_10-2-3.png
     
  12. T0rm3nted

    T0rm3nted Moderator
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    Market just tanked in like 1 min. Apparently the GILD vaccine test results leaked unintentionally and had a higher death rate than the control group.
     
  13. bigbear0083

    bigbear0083 Content Manager
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    looks like we'll keep this streak alive absent some crazy black swans in these final 2 1/2 hours of the trade day.

    market a perfect 4 for 4 when job claims at 3k or higher.

    ed: unless of course i just jinxed it? :p

    [​IMG]
     
  14. bigbear0083

    bigbear0083 Content Manager
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    seems like it will be a battle to the finish line on that daily 50ma for the spy as marcy alluded to last night
     
  15. T0rm3nted

    T0rm3nted Moderator
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    1m chart on S&P. Look at that drop

    upload_2020-4-23_12-39-51.png
     
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  16. Vdubman

    Vdubman Active Member

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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    OldFart likes this.
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    CVX has been a good purchase for me so far :D
     
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  19. T0rm3nted

    T0rm3nted Moderator
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    IL just extended stay at home through the end of May as well @stock1234
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Small caps outperforming today :eek: They have underperformed when the big caps were rallying off the lows
     
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