Stock Market Today: August 1st - 5th

Discussion in 'Stock Market Today' started by Stockaholic, Jul 29, 2016.

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  1. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    it was filled with work, i only work weekends, 12 hour shifts lol.
     
    #21 Ken34, Aug 1, 2016
  2. StockJock-e

    StockJock-e Brew Master
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    Sounds like fun! ;)
     
    #22 StockJock-e, Aug 1, 2016
  3. Tiptopptrader

    Tiptopptrader Well-Known Member

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    With oil down for the 7th in a row it is really pressuring the market. I think it is important to hold above $40 to have a some what balanced market.
     
    #23 Tiptopptrader, Aug 1, 2016
  4. StockJock-e

    StockJock-e Brew Master
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    Yeah, that is a pretty mean pull back in oil for all those bulls who were piling in over the past few months

    [​IMG]
     
    #24 StockJock-e, Aug 1, 2016
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  5. Revan

    Revan Member

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    Isn't it about time for a fresh round of OPEC rumors to reverse this recent slide in oil prices?
     
    #25 Revan, Aug 1, 2016
  6. StockJock-e

    StockJock-e Brew Master
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    Oh yeah, you are right!

    We should start that immediately! lol

    You first!
     
    #26 StockJock-e, Aug 1, 2016
  7. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Oil down 4% and below $40 pressuring the market down
     
    #27 Tiptopptrader, Aug 1, 2016
  8. Revan

    Revan Member

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    Stange how little the market seems to care about falling oil prices this time around. Back near 40 and still we are setting new intraday highs. Must be this blowout earnings quarter ;)
     
    #28 Revan, Aug 1, 2016
  9. Tiptopptrader

    Tiptopptrader Well-Known Member

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    That's because oil was trending up to 40 the time and now it is down trending to the 40 level that give a negative sentiment and expectations of where it is going
     
    #29 Tiptopptrader, Aug 1, 2016
  10. Tiptopptrader

    Tiptopptrader Well-Known Member

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    upload_2016-8-1_10-42-23.png
     
    #30 Tiptopptrader, Aug 1, 2016
  11. MaximusAnalysis

    MaximusAnalysis Active Member

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    Looking at 38.09 to go long oil
     
    #31 MaximusAnalysis, Aug 1, 2016
  12. MaximusAnalysis

    MaximusAnalysis Active Member

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    US Dollar jumped outta bed so far

    [​IMG]
     
    #32 MaximusAnalysis, Aug 1, 2016
  13. Stockaholic

    Stockaholic Content Manager

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    #33 Stockaholic, Aug 1, 2016
  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    VIX up +8% (but UVXY -3% and TVIX -2%, those volatility products are killers),
    looks like we're getting some slack to keep pushing up.
     
    #34 anotherdevilsadvocate, Aug 1, 2016
  15. MaximusAnalysis

    MaximusAnalysis Active Member

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    Today's Market Thoughts

     
    #35 MaximusAnalysis, Aug 1, 2016
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  16. StockJock-e

    StockJock-e Brew Master
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    Great vid!
     
    #36 StockJock-e, Aug 1, 2016
  17. Stockaholic

    Stockaholic Content Manager

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    re: grinding method

    hah that did sound weird lol

    thx for the vid as always @MaximusAnalysis
     
    #37 Stockaholic, Aug 1, 2016
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The market remains pretty resilient considering that oil seems to be on its way to break below of $40 again.
     
    #38 stock1234, Aug 1, 2016
  19. Tiptopptrader

    Tiptopptrader Well-Known Member

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    upload_2016-8-2_5-51-54.png
     
    #39 Tiptopptrader, Aug 2, 2016
  20. MaximusAnalysis

    MaximusAnalysis Active Member

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    #ES_F $ES_F #SPY levels to watch 2162.75 / / 2151
    #CL_F $CL_F #Crudeoil levels to watch 41.49 / / 40.69 / / 39.90
     
    #40 MaximusAnalysis, Aug 2, 2016
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