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Stock Market Today: August 5th - 9th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Aug 3, 2019.

  1. Intern shIp

    Intern shIp New Member

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  2. bigbear0083

    bigbear0083 Content Manager
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  3. OldFart

    OldFart Well-Known Member

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  4. StockJock-e

    StockJock-e Brew Master
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    Bounce over?

    Markets going to test support today
     
  5. OldFart

    OldFart Well-Known Member

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    bond yields went nutz...over Yaun devaluation again.
     
    stock1234 likes this.
  6. OldFart

    OldFart Well-Known Member

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    What's really odd is I checked the markets this morning at 5 AM EST.

    DOW was at 25,998, and CNBC's website had headlines "DOW loses 300 points"...now wtf is going on here?
     
  7. OldFart

    OldFart Well-Known Member

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    I don't usually agree with Cramer, but I do on this:

    ‘You’re being faked out’ — Cramer says the US economy is better than the stock market reflects
     
    Bodacious and stock1234 like this.
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    10-year bond yields keep plummeting. Nearing 2y-10y inversion.
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah seems like bonds yields rebounding a little bit after a weak auction, and stocks bounced as well :eek:

    Gold continues to surge, and I think it had more room to run with global central banks all looking to cut rates now :eek:
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A pretty remarkable turnaround for this market today :eek:
     
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  11. OldFart

    OldFart Well-Known Member

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  12. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Long SU
     
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  13. bigbear0083

    bigbear0083 Content Manager
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    @Ken34 how 'bout that roku eh ;)
     
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  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Glad he had that.
    ROKU's revenue growth is growing. 9 months ago they were growing 39% y/y, now they're growing 60% y/y.
     
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  15. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    a glimmer of light in these "dark" times lol, woohoo!! im glad i held onto it!
     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Congrats to @Ken34 and whoever here held onto ROKU, have never played this stock before, maybe I should pay attention in the future :p
     
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  17. bigbear0083

    bigbear0083 Content Manager
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  18. T0rm3nted

    T0rm3nted Moderator
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    Congrats @Ken34 on the ROKU
     
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  19. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    dont want to be too greedy, cashed out of ROKU and LABU.

    going to hold onto LULU.

    AMD having a stellar day and WING has been on a tear since earnings.

    ah i see the AMD news,

    "
    Advanced Micro Devices Shares Jump 10% After Signing Google, Twitter as Customers For Latest Server Chip"
     
    bigbear0083 likes this.
  20. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    SPY at the key 292.50 fib retracement zone. Having trouble powering through. Might see a cool down in this bounce.
     

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