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Stock Market Today: December 3rd - 7th, 2018

Discussion in 'Stock Market Today' started by bigbear0083, Nov 30, 2018.

  1. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Utilities ETF actually hitting 52 week highs today :p Safe haven like the yen and bonds also having good day
     
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  2. bigbear0083

    bigbear0083 Content Manager
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    i know this probably sounds a little crazy, and i think you and i both touched on this and felt the same way the other week, but it kinda seems like we haven't really experienced that feb. 2nd type selloff yet? the word i guess i'm looking for here is "disorderly". since the oct. correction began, it seems like much of this selloff has been of the "orderly" variety if you will. i'm kinda thinking we need to see a really scary day like feb. 2nd to maybe mark some kind of meaningful bottom. maybe we see that soon? otherwise, we're just not done yet. idk, just my 2c with regards to that :p
     
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  3. Steven_Burt

    Steven_Burt Well-Known Member

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    To me this market has felt like distribution all year, big engulfing sell days seems like an unwinding. Probably the FED unwinding and then made worse by the BOTS.
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    TLT up to this resistance line. Would be alarming if yields keep dropping (ie bond prices keep rising).
    [​IMG]
     
  5. Frankenstein

    Frankenstein Active Member

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    I'm back. After the 85 handle collapse, I entered at 2705. Long lot #1.
     
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  6. Frankenstein

    Frankenstein Active Member

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    I'd prefer entering at around 2650 or 2600, but after the price rallied to 2800 yesterday, 2705 isn't terrible
     
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  7. Steven_Burt

    Steven_Burt Well-Known Member

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    Watch the ma(9) it has been riding it all day. needs to get above for a green light to me.
     
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  8. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    wow transports down over 4%, can’t remember when was the last time they did so badly :eek:
     
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  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Possible pattern in the VIX. Arrows show the day before the 4th and the 18th of each month since October. Although this chart doesn't show today's VIX, rest assured it is higher.
    [​IMG]
     
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  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Even Schwarzenegger is going off meats. Burger joints need to take veggie options seriously. Make a triple veggie burger. Veggie option is not just for health/weight concerns, but also for environmental concerns. And people who go veggie still want to have fun.

    https://www.washingtonpost.com/ente...771302-f709-11e8-8642-c9718a256cbd_story.html

     
  11. Steven_Burt

    Steven_Burt Well-Known Member

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    We need to hold the ma(20) on the 5m here or we are setting up a bear flag imo
     
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  12. Steven_Burt

    Steven_Burt Well-Known Member

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  13. bigbear0083

    bigbear0083 Content Manager
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    [​IMG]

    [​IMG]
     
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  14. Steven_Burt

    Steven_Burt Well-Known Member

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  15. Steven_Burt

    Steven_Burt Well-Known Member

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    Wait I'm re-drawing!... again lol
    bt2.png
     
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  16. Steven_Burt

    Steven_Burt Well-Known Member

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    I think Wednesday will be flat :)
     
  17. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    I agree, I would go for totally unchanged for the indexes :) :D
     
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  18. bigbear0083

    bigbear0083 Content Manager
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    ^^ i second that

    i'll even go out on a limb and say we close exactly unch'd :p
     
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  19. stock1234

    stock1234 2017 Stock Picking Contest Winner

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  20. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    [​IMG]

    TSLA in the green despite big selloff :eek: It has outperfromed lately not just today
     

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