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Stock Market Today: August 31st - September 4th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Aug 28, 2020.

  1. roadtonowhere08

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    Oh no, I was not referring to you. I was referring to Mr. Passport above you :duh:

    Ha, I did not see your response before this. Oh well.
     
    #61 roadtonowhere08, Sep 3, 2020
    Last edited: Sep 3, 2020
  2. Vdubman

    Vdubman Well-Known Member

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    I gots a stash o cash waiting to buy. Not looking at equities though :cool2::popcorn:
     
  3. A55

    A55 Active Member

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    I feel like somebody stole from me. Like I should grab one of my shotguns, jump in my pickup truck, and drive around looking for the thief.

    Opinions vary. Some people come on the board to promote. Almost as if they have a pump and dump operating. Other people share with enthusiasm. Is Fake Passport Guy any worse than Shrimp Company Girl or Penny Stock Foot?

    Screenshot_2020-09-03-20-55-23_kindlephoto-139612354.png
     
    stock1234 and Vdubman like this.
  4. roadtonowhere08

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    Sure he is. At least one could have made money from the Shrimp company if they could stomach the risk.:lauging:
     
  5. A55

    A55 Active Member

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    Don't worry about being able to stomach the shrimp. Shrimp Company has yet to produce and sell 1 shrimp.
     
    roadtonowhere08 and Vdubman like this.
  6. A55

    A55 Active Member

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    More pain tomorrow. Get your leather chaps on. Bite down on a pencil. It's going to be a bareback ride.
    Screenshot_2020-09-03-21-44-46.png
     
  7. T-Coonazz

    T-Coonazz Member

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    Seeing what looks like good support on the NAS Futures at 11285 area and if that breaks 10960
     
  8. Vdubman

    Vdubman Well-Known Member

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    Another good day today in the red

    what’s up with the spider gold etf today? $GLD up 25%
     
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Another brutal day for tech :eek:
     
  10. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    if this isnt a longer term trend, then earlier today would have been a good buy. not going to lie, i nibbled on some tech stocks earlier today.
     
    JaysonW and stock1234 like this.
  11. StockJock-e

    StockJock-e Brew Master
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    Its always tricky when major trends reverse. You can never tell until some levels are tested.

    I think for a longer term trend to kick off here to the downside, we needs something to change. The social mood has already been stressed with all the politics, and that has not resulted in a sentiment shift yet. Is there a delayed reaction or is the market going to remain detached from the economy?

    So far this is what my longer term chart on the QQQ is looking like.

    We did break that very steep support here.

    upload_2020-9-4_11-26-30.png
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Well some recovery for the market late in the day, the DOW briefly turned green :eek:
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I bought a little bit when the SPX was down around 55 points, so far working out ok :p
     
  14. bigbear0083

    bigbear0083 Content Manager
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    hope everyone had a good week!

    friendly reminder: the cash markets are closed this coming monday for labor day. the futures markets will open at their normal 6pm eastern sunday time, and halt at 1pm eastern on monday, then reopen for normal hours again at 6pm eastern.

    enjoy your 3-day weekend everyone! :cool:
     
  15. bigbear0083

    bigbear0083 Content Manager
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    getting close! this week's market pullback sure was very refreshing to see. hope to see more of this in the weeks to come! :D

    that being said, not too sure if the market is poised for a meaningful pull just yet...some binary events coming up in the next months.

    i'll be believe it when we see another @rando sighting on the boards :p
     
    T0rm3nted and stock1234 like this.

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