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Stock Market Today: December 17th - 21st, 2018

Discussion in 'Stock Market Today' started by bigbear0083, Dec 15, 2018.

  1. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Uh oh. Might soon be time to dust off those "Average breadth & depth & length of Bear Market" charts and tables...
     
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  2. bigbear0083

    bigbear0083 Content Manager
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    finally seeing the VIX perk up a bit here as @Three Eyes mentioned earlier ... but still nothing that makes you go "whoa!" (or at least not yet).

    kinda like to see a complete washout of a day, like we had on feb. 5th of this year ... maybe it's just me(?) but this all still feels "orderly" to me. anyone else? :p
     
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  3. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Yes! This is steady-as-she-goes selling. Maybe positions being unwound to salvage year-end performance numbers? We need that VIX blowout to signal some sort of exhaustion and reversal!
     
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I just had a vertigo attack so won’t be watching the market rest of the day. Just resting on the bed now. Happy trading to all of you though ;)
     
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  5. bigbear0083

    bigbear0083 Content Manager
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    dang, sorry to hear that @stock1234 hope you feel better soon man. :(
     
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  6. rStock

    rStock Well-Known Member

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    Look much better when you’re not watching @stock1234
     
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  7. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    What @bigbear0083 said. Hope you're back to 100% quick!
     
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  8. Steven_Burt

    Steven_Burt Well-Known Member

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    Vix up, but not quite there, RSI down but not quite there, still too orderly imo. I think we see 2425 tomorrow.
     
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  9. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Yeah, really was hoping we'd get a nice long wick on the VIX today. Maybe it was enough? I'm leaning down again tomorrow, too. At least early on in the day.
     
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  10. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    i think the fact that its been orderly is the scary part, like it feels like it can just keep going lower and lower forever just like a true bear market.
     
  11. Steven_Burt

    Steven_Burt Well-Known Member

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    I think the close below 2488 was a blow to the bulls. Unless we get some news to gap the markets in the pre market we close lower tomorrow imo. Best case scenario, we open flat and drift down again, break 2425 and flush hard. - then we can get long.
     
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  12. Frankenstein

    Frankenstein Active Member

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    I averaged in at around 2465 today. I couldn't enter at the 2441 level because of a dentist appointment. It's interesting how these appointments can throw a person off. At any rate, I'm set for Santa, if Santa shows up this year. This collapse to the 2441 level is, simply, insane. From the 2940 level.
     
  13. bigbear0083

    bigbear0083 Content Manager
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  14. bigbear0083

    bigbear0083 Content Manager
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    Good Friday morning to all!

    Here is the pre-market thread for those of you wanting to get a quick read before today's open-
    [​IMG] <-- click there to read!

    Hope everyone has a great trading day on this final trading day of the week.
     
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  15. Steven_Burt

    Steven_Burt Well-Known Member

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    Bio's and RUT are red today - strange
     
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Thanks guys I am better today. Unfortunately the vertigo attacks me once in awhile, but I am fine today :)
     
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    NASDAQ now deep in the bear market territory :eek:
     
  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    SPX below 2450, looking at MSFT's triple bottom.
    [​IMG]
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Utilities up over 1% today. Defensive sectors like staples and real estates are up today. Tech stocks are getting hammered though
     

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