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Stock Market Today: January 7th - 11th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Jan 4, 2019.

  1. StockJock-e

    StockJock-e Brew Master
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    Everybody should be back from vacation now. Are they going to be in a buying mood or back to the selling?

    Stay tuned, we find out this week!
     
    stock1234 likes this.
  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    My feeling is that the selling could be done for now until the start of the earnings season. If we see some bad guidance for future quarters then selling could be coming back really quickly. We will see :D
     
  3. bigbear0083

    bigbear0083 Content Manager
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    stumbled across this chart earlier today and thought it was worth a quick share in here

    interestingly, the $nymo hasn't vacillated between 2 extremes (overbought and oversold) quite this much in such a short amount of time since, get this, march 2009 :eek:

    anything above 80 (+ or -) is pretty extreme ... i guess goes to show just how crazy these past couple of weeks in the markets have been :p

    [​IMG]
     
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    T0rm3nted likes this.
  5. bigbear0083

    bigbear0083 Content Manager
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  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Tell me about it. Epic divergence is setting up; I got to see how this resolves itself.
    [​IMG]
     
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  7. bigbear0083

    bigbear0083 Content Manager
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    Good Wednesday morning to all!

    Here is this morning's pre-market thread for those of you wanting to get a quick market read before today's open-
    [​IMG] <-- click there to read!

    Hope everyone a great trading day ahead today!
     
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    T0rm3nted likes this.
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Wow crude up over 5% for the day :eek:
     
  10. StockJock-e

    StockJock-e Brew Master
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    Any reason or just buyers liking it today?
     
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Looks like they are crediting the move on Saudi saying that they will cut production in the coming months
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    T0rm3nted likes this.
  13. bigbear0083

    bigbear0083 Content Manager
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  14. bigbear0083

    bigbear0083 Content Manager
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    Good Thursday morning to all.

    Here is this morning's pre-market thread for those of you wanting to get a quick market read before today's open-
    [​IMG] <-- click there to read!

    Hope everyone a great trading day ahead today.
     
  15. bigbear0083

    bigbear0083 Content Manager
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    US weekly jobless claims fall more than expected
    • The number of Americans filing applications for jobless benefits fell more than expected last week.
    • The data pointed to a strengthening labor market that could further ease concerns about the economy's health.
    • Initial claims for state unemployment benefits fell 17,000 to 216,000 for the week ended Jan. 5, the Labor Department said.
    https://www.cnbc.com/2019/01/10/weekly-jobless-claims.html
     
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  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Looks like XRT getting hit pre-market.
     
  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah M lowered its guidance. AAL also lowered guidance this morning. Market holding up well though despite more and more companies missed on their earnings :eek: Could be the selloff in December already priced the bad news in, or traders are playing “bad news is good news again” since bad news means the FED will be dovish :p
     
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  18. bigbear0083

    bigbear0083 Content Manager
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    whelp, it's almost about that time again!

    earnings season will be getting going in earnest from next week. :D

    here is a quick sneak peek at the upcoming ERs for the next couple of weeks-

    [​IMG]
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah earnings season starts next week :D We have heard some disappointing guidance so far, let’s see if we will get some better news next week :p
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Seems like some retail and airlines stocks bounced well off the lows after being dragged down by M and AAL this morning. After the Christmas Eve, BTFD seems to be back in favor again :p
     
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