Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

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

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

  1. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    401
    Likes Received:
    142
    Right. In other words, an opportunity to either buy or profit take--if you are a buyer and not a seller
     
  2. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    401
    Likes Received:
    142
    I don't understand the "caving in" by the FED but the FED is signaling "buy." Crazy.
     
    stock1234 likes this.
  3. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    401
    Likes Received:
    142
    At any rate, my theory says SPX 2700+ is GUARANTEED. So, if that's correct--you don't have to believe my theory--the 2620 to 2650 level or even up to 2675 level is a nice BUY ZONE
     
  4. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    401
    Likes Received:
    142
    I told you that I'd be back once the SPX is at a level for thinking about entering long. 2018 has been interesting in this way where a person could return to the market--so soon. I hope 2019 continues to be as interesting with "Tariff Man" continuing to be in the WH--an impeachment might add some extra spiciness to the situation, however [the Democrats are now in control of the House]
     
  5. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    401
    Likes Received:
    142
    My ThinkorSwim platform is messed up this morning, however,. I could not execute as efficiently this morning because of that nonsense
     
  6. Steven_Burt

    Steven_Burt Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    641
    Likes Received:
    367
    Man, TOS always seems to mess up at exactly the wrong time. I gave up on them over a year ago.
     
    anotherdevilsadvocate likes this.
  7. Steven_Burt

    Steven_Burt Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    641
    Likes Received:
    367
    This is what I was talking about. Market drops at the open, works off the id OS back into the BB's then drops again, pops to the ma(9) rides it for a bit then drops to a significant daily support level were it bounces, rests above the 2641 level for a bit and when sellers don't kick in they run straight into a double top ID, and selling kicks in..... it's basic and beautiful.


    id.png
     
    stock1234 and bigbear0083 like this.
  8. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,220
    Likes Received:
    2,060
    December rate hike odds now at around 64%, would get really interesting to see what the FED will do if the odds get closer to 50/50 when the FED day comes :p
     
  9. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    401
    Likes Received:
    142
    I'm positioned right now. Up, I profit take. Collapse, I buy more in this buy zone.
     
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    2,943
    Likes Received:
    1,565
    Euro and German markets undercut their October 29 lows today, warning sign.
     
    stock1234 likes this.
  11. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,220
    Likes Received:
    2,060
    [​IMG]

    TSLA in the green again, it didn't really selloff along with the market lately :p
     
  12. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,220
    Likes Received:
    2,060
    [​IMG]

    Real Estate close to HOD, I guess the dovish comments from the FED officials today helping the sector a little bit.
     
  13. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    401
    Likes Received:
    142
    So, looks like a test of 2710 tomorrow is being set up
     
    stock1234 likes this.
  14. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,220
    Likes Received:
    2,060
    NASDAQ off by just 0.13% now, it has a shot of ending in the green :eek:
     
    bigbear0083 likes this.
  15. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    13,431
    Likes Received:
    4,116
    nazzy lookin' like it may want to see green here soon :eek:
     
  16. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    13,431
    Likes Received:
    4,116
    hah we literally posted almost the exact same thing at the same time @stock1234 :p
     
    stock1234 likes this.
  17. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,220
    Likes Received:
    2,060
    NASDAQ turned positive :p
     
    bigbear0083 likes this.
  18. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    13,431
    Likes Received:
    4,116
    [​IMG]
     
    Steven_Burt and stock1234 like this.
  19. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,220
    Likes Received:
    2,060
    bigbear0083 likes this.
  20. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    2,943
    Likes Received:
    1,565
    Watching LULU after the close. If it dips, targeting the gap around 106.xx. And if it dips, that may pull XRT down
    [​IMG]
     

Share This Page