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Stock Market Today: February 4th - 8th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Feb 1, 2019.

  1. Steven_Burt

    Steven_Burt Well-Known Member

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    If the ma(20) on the daily doesn't hold, 2641.25 possible
     
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  2. bigbear0083

    bigbear0083 Content Manager
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    bam! nice call as usual steve :cool:
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Regional banks up nicely due to the merger of STI and BBT. Chinese internet stocks and the chip stocks are having a bad day. Utility and real estate are up though, I guess they outperform due to yields are moving sharply lower for the day
     
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  5. StockJock-e

    StockJock-e Brew Master
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    $66B merger, not too shabby
     
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  6. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    that grubhub reversal was insane.
     
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  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Oh yeah, what a move off the 52 week lows :eek: Looked like I got some shares at $79.58 back in December, so I am kind glad that it recovered :p
     
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    House leader is having a press conference at 12pm. Rumor is that they think they can avoid a government shutdown; there might even be funding for a wall.
    Anyway, whatever the truth turns out to be, there could be action at 12pm.
     
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  9. bigbear0083

    bigbear0083 Content Manager
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  10. bigbear0083

    bigbear0083 Content Manager
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    Good Friday morning to all.

    Here is the morning's pre-market news 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 ahead on this final trading day of the week!
     
  11. bigbear0083

    bigbear0083 Content Manager
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    Morning Lineup – Close But No Cigar
    Feb 8, 2019

    A very rough night in Asia (2% declines on the Nikkei) and weak earnings in Europe have equities on the eastern side of the Atlantic lower and credit spreads wider. Commodities are basically treading water on high volume, with oil down but products up, while the USD is at session lows along with UST yields. There’s no economic data in the US today, but there were a ton of earnings reports for investors to deal with overnight.

    Barring a big rally today, the chart below is the one practically every technician will be brooding over this weekend. After rallying but coming up just shy of its 200-DMA on Tuesday, the S&P 500 has seen two straight days of declines and is on pace for a third down day today. The failure of bulls to get the S&P 500 above this level on the first attempt is not the end of the world, but it doesn’t help short-term sentiment either.

    [​IMG]
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    [​IMG]

    Anyone wears this brand? Looks like it is doing pretty well :p
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Looks like the weekly winning streak for the market will end here today :eek: What a bounce back though after that December sell off :eek:
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    [​IMG]

    [​IMG]

    Some divergence after their earnings. SNAP doing well not so much for TWTR :eek:
     
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  15. bigbear0083

    bigbear0083 Content Manager
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    and as we're coming into the cash close here on this final trading day of the week, i just wanted to quickly take this time out to thank everyone who took part in the daily discussions in here this week! you guys rock. :cool:

    hope everyone has a nice weekend ahead and we'll catch y'alls back at it in here same bat time, same bat channel monday morning! :D
     
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  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Have a good weekend Cy and everyone. Looks like the SPX turned green here at the last second :eek:
     
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  17. bigbear0083

    bigbear0083 Content Manager
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    whoa! i was not paying attention ... that was one heck of a last minutes spike :eek:
     
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  18. bigbear0083

    bigbear0083 Content Manager
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    with that last minutes spike, does that extend the weekly win streak on the cash spx? haven't checked yet ... guess i'll do that now lol
     
  19. bigbear0083

    bigbear0083 Content Manager
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    i'm showing +0.05% for the week on the cash spx is that correct? holy cow if it is lol :eek:
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    LOL I voted up for the weekly contest, guess I will take it :D
     
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