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Stock Market Today: January 6th - 10th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Jan 4, 2020.

  1. bigbear0083

    bigbear0083 Content Manager
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    another interesting stat i came across this afternoon: the 4th year of the presidential cycle is usually not as strong at the 3rd year, but definitely not too shabby either.

    [​IMG]
     
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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    TSLA continues to be on a tear :eek: I sold for a profit but at much lower prices :mad:
     
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  3. Stoch

    Stoch Well-Known Member

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    yup, sold mine 40 points ago after a speedy 28% gain
     
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  4. OldFart

    OldFart Well-Known Member

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    Markets bouncing after the initial drop from the cowardly Iran missiles attack.
     
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  5. bigbear0083

    bigbear0083 Content Manager
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  6. OldFart

    OldFart Well-Known Member

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    Looks like no casualties.
    I think this was a “save face” move by Iran.
     
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  7. T0rm3nted

    T0rm3nted Moderator
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    Hopefully no more retaliations from either side at this point and it de-escalates.
     
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  8. bigbear0083

    bigbear0083 Content Manager
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    Good Wednesday morning to all. Haven't done one of these in ages!

    Here is this 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 in here has a great trading day ahead today! :)
     
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  9. OldFart

    OldFart Well-Known Member

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    Probably over. We'll know soon enough.
     
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  10. OldFart

    OldFart Well-Known Member

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  11. OldFart

    OldFart Well-Known Member

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    and BOOM, ATH's once again....:D
     
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  12. bigbear0083

    bigbear0083 Content Manager
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    OldFart likes this.
  13. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah, last night we witnessed Iran taking a page out of the US playbook: bombing empty bases. Everyone gets to go to bed thinking "we showed them!".

    But we also had a Boeing crash that killed 176 people. Boeing is a big part of the Dow, and it just amazes me how it is not getting any serious dips.

    I heard the plane crashed on fire, and I heard (but looking for confirmation) that the plane was shot by an Iran missile as it was leaving Iran. Latest I hear is Iran will not let Boeing have the black box.
     
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  14. T0rm3nted

    T0rm3nted Moderator
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    That's what I saw last time I looked too.
     
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  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    What a remarkable turnaround for the market. I saw a lot of stocks sold off in the AH yesterday and today we are making ATH :eek:
     
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  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah that was a crazy turnaround from last night. Last night made the lowest low in 2 weeks, and today just rips 3190 to 3260.

    Now we're at the weekly R1 pivot, so the up move for this week may be just about done. I'd be surprised if it showed more strength.
     
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  17. bigbear0083

    bigbear0083 Content Manager
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  18. bigbear0083

    bigbear0083 Content Manager
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    Good Thursday morning to all.

    Here is this 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 in here has a great trading day ahead today! :)
     
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  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Market looking for a positive open. RDFN may have a setup for an entry. It's not just their revenues that are growing, their revenue growth is accelerating too. 5 quarters ago their growth rate was 30%, 3 quarters ago that growth rate was 40%, and last quarter their growth rate was 70% year-over-year and 20% quarter-over-quarter.
    [​IMG]
     
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  20. bigbear0083

    bigbear0083 Content Manager
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    nazzy threatening to to go red here after the earlier morning rip...i'm not sure if this is news driven or what. not watching or listening to the news today. i suspect it is.

    market probably overdue for a bit of a pull here, and i'm not sure if the geopolitical driven pullback from earlier in the week was enough.

    i believe we did make a new ATH in /ES futures in the regular hours today and it looks like we do have some excess in the market profile. maybe we'll get some meaningful pullback.
     
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