Stock Market Today: April 23rd - 27th, 2018

Discussion in 'Stock Market Today' started by Stockaholic, Apr 20, 2018.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I would think looking pretty good for the bulls tomorrow after those very strong tech earnings. We get the GDP tomorrow morning but as long as it doesn’t cause a big spike in interest rates, the market should do pretty well tomorrow.
     
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  2. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    man i was thinking of getting in intel before earnings too, dang it. all the big names killing it this week.
     
  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    NASDAQ futures up pretty nicely but not so much for the DOW and the S&P, I thought futures would be doing better than they are now after those pretty nice earnings after the bell :p
     
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  4. Stockaholic

    Stockaholic Content Manager

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  5. OldFart

    OldFart Well-Known Member

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    XOM dropping some
     
  6. OldFart

    OldFart Well-Known Member

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  7. Stockaholic

    Stockaholic Content Manager

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    good call on that 3% on 10yr yields this week @stock1234 ... ERs and econ. data were pretty gangbusters this week.

    and a nice call on the greenback @marcy.

    dxy printing a 92 handle this AM, strongest level since the second week of this year.
     
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  8. Stockaholic

    Stockaholic Content Manager

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    nice!

    q1 has had a history of coming in rather weak, but this was one of the best q1 gdp #'s i can remember in some time..and this is only the first reading...could still could get revised higher in the months to come. :D

    also job claims yesterday came in at like a 40 year low yesterday. verrry nice.
     
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  9. OldFart

    OldFart Well-Known Member

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    wedge pattern on SPY daily....any little bit of news could send us either direction....my guess is up but who knows.

    spy.png
     
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  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    REGN getting hit.
     
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  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It's not 3% to worry about, it's 3.05% in the 10-year yield.
    [​IMG]
     
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  12. jazz

    jazz New Member

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    might as well just buy bonds now.
    market is so unpredictable
     
  13. jazz

    jazz New Member

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    where is the next support?
     
  14. Frankenstein

    Frankenstein Well-Known Member

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    Whatever happens, next month, the 2600 to 2620 level will not be ruled out as a possible play
     
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  15. OldFart

    OldFart Well-Known Member

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    good news is bad news .....again...
     
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  16. StockJock-e

    StockJock-e Brew Master
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    There is no good news or bad news, only news...

     
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Not exactly a bad day for the market but those pop for tech from earnings got faded pretty hard, INTC was up as much as 8% after the bell yesterday after earnings and now it is red :eek: Yields falling for second consecutive day, I think they are blaming the UK GDP just growing 0.1% and now the Bank of England is now unlikely to hike rates soon. British pounds drop almost 1% against the dollar today
     
  18. Stockaholic

    Stockaholic Content Manager

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    ...and after all the great earnings and econ. reports this week, the SPX ends almost exactly where it began the week -0.01% for the week :p
     
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  19. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    wow what happened to X? earnings?

    [​IMG]
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Haha did anyone vote for Flat in the weekly poll? That person deserves some recognition :D
     
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