Stock Market Today: December 19th - 23rd

Discussion in 'Stock Market Today' started by Stockaholic, Dec 16, 2016.

  1. Stockaholic

    Stockaholic Content Manager

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    Last post (sorry for the triple whamming of posts here lol)

    The SCR officially begins tracking from Thursday's closing print.

    So we'd be using Thursday's close (12/22) on the SPX all the way to Wednesday January 4th close = the official SCR tracking period.
     
  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Just 30 points away from Dow 20K, let's do it today :D
     
  3. Stockaholic

    Stockaholic Content Manager

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    20k hats for everyone :p

    [​IMG]
     
  4. Baggi

    Baggi Active Member

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    Thanks Cy.

    For some reason I thought we were already in the Santa rally.

    Appreciate the explanation.
     
  5. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    man, that reversal on xme, possible look below and fail of the 21 EMA at 31.50, from false moves come fast moves, lets see if this reversal has traction and catapults it higher in the coming days.

    [​IMG]
     
  6. Baggi

    Baggi Active Member

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    I hope we go to the bottom trendine, as I'm short at $30.00
     
  7. Mitas

    Mitas New Member

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    Getting my ass kicked big time today...ouch
     
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    NKE up pretty nicely after earnings, could bode well for Dow 20K tomorrow since it is a Dow component :p
     
  9. Baggi

    Baggi Active Member

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    It came back down to earth. If it goes up to $54 by end of this week though, I'll be a happy camper. And a monkey's uncle.
     
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It's lost about 3.5% from it's AH high...but it's holding around 52.50.

    Got surprised by the FDX miss, that stock was on fire since November.
     
  11. Baggi

    Baggi Active Member

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    FDX at $192.50 would make me very happy. I've got a calendar on at that strike. This week short and next week long.
     
  12. Gwen John

    Gwen John New Member

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    How long is the stock market going to be slow. Its not getting the pace of same last year.
     
  13. T0rm3nted

    T0rm3nted Moderator
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    It's at all-time highs. It can't always be a fast climb. When it dips and bounces off support, the climbs have potential to be much quicker.
     
  14. JaysonW

    JaysonW Member

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    I mainly swing trade REITs and for the most part they all look overbought here. Missed out on NLY under $10 last week, but continue to build a position in SDS when it goes below $14.80
     
  15. T0rm3nted

    T0rm3nted Moderator
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    World markets so far:

    upload_2016-12-21_3-14-36.png

    Pre-market so far:

    upload_2016-12-21_3-15-29.png
     
  16. Mitas

    Mitas New Member

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    Financials weekly trendline for that 20% increase just broke.

    Might be an interesting day...
     
  17. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    OCLR looking hot again, im starting to hear talks they can be a possible takeout target, i sure hope this comes true.
     
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  19. Stockaholic

    Stockaholic Content Manager

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    wow talk about a tight range all day today ... if not for that late EOD dip there that had us closing near the day's low, this was about to be narrowest intraday trading range on the SPX since 1992 ...
     
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  20. Value543

    Value543 Well-Known Member

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    @Cy McCaffrey HaHaHA HOW do you know that?! You never cease to amaze me...I need you to come out with me to Trivia Night!
     
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