Well we didn't exactly rally into the close. Overall still far from a disaster for the bulls, many probably would have thought we would be much deeper in the red today after the warning by AAPL yesterday The complacency in the stock market probably will continue as long as investors think the global central banks have their backs no matter how the economy is doing
i just wanted to highlight this part in your quote @stock1234 because i think you hit the nail exactly on the head to a tee! agreed 1000%!
Good Wednesday morning traders and welcome to a new day, fresh start! Here is this morning's pre-market news thread for those of you wanting to get a quick read before today's open- <-- click there to read! Hope everyone in here has a great trading day ahead!
Yen down huge for whatever reason Not seeing big drop in bonds or gold though. It remains a BTFD market, AAPL rebounds somewhat today so it is actually not down that much after they issued the warning
looks like we printed a new ATH in the regular hours today on the /ES, took out the monday's globex high pre-aapl warning news. but there wasn't really all that much excess on the top. only 5 ticks of excess from what i'm seeing. not really meaningful excess. so, maybe not done just yet on this rally i suspect the nazzy and the dj30 want to at least print the big round #'s (30k on dow; 10k on nasdaq) before we really get some kind of meaningful pulback. just my worthless 2c anyway
Good Thursday morning traders and welcome to a new day, fresh start! Here is this morning's pre-market news thread for those of you wanting to get a quick read before today's open- <-- click there to read! Hope everyone in here has a great trading day ahead!
that was a rather dramatic down tick just a little bit ago ... i did not see any news though to account for that drop
Woke up from my nap and saw that, my portfolio was down -2%, haven't heard anything. Checked the interest rates and nothing big either.
We are due for a little pullback, I think it was a little silly for us to rally non stop despite the gloomy outlook for the economy at least for Q1 Looks like the CNBC article pointing the Chinese media saying the coronavirus cases are increasing as part of the reason for the drop, I tried to find that Chinese article but can’t find it so far
The yen dropping once again Usually the yen performs well when we have selloff in equities, not the case today. Not sure why, the Japanese economy isn’t doing so hot at this moment so maybe the yen becoming less attractive?
absent any true black swans, the next 2 months have historically been the strongest for the full year for the market over the course of the past 20 years
when all is said and done i think it will be safe to say that this was the most unloved/hated bull market in history. as of yesterday's close, we cracked over +400% on this bull that started back in march '09. seems like if we can avoid another technical bear market of -20% on a closing basis, we could challenge the 90s raging bull for the longest and strongest ever in history
Good Friday morning traders and welcome to a new day, fresh start! Here is this morning's pre-market news thread for those of you wanting to get a quick read before today's open- <-- click there to read! Hope everyone in here has a great trading day ahead on this final trading day of the week!
US business levels fall sharply amid coronavirus The latest IHS Markit/CIPS purchasing managers' index data suggested that services business activity fell to 49.4, from 53.4 in January, while manufacturing output slowed to 50.8, compared to 51.9 in January, a six-month low. Any score below 50 indicates contraction. https://www.bbc.com/news/business-51591070 The dollar pulling back a little bit today after these data Let’s see if we will see some rebound in March but looks like we are on track for a relatively weak Q1 GDP number
