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Stock Market Today: July 20th - 24th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Jul 17, 2020.

  1. bigbear0083

    bigbear0083 Content Manager
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    btw, absent any crazy black swans in these final 7 trading days this month, july is looking to close out the month pretty much on par from what it has typically done in july historically speaking.

    [​IMG]
     
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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Haha it is an interesting stat to know. Good to see you posting here again Cy :D
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The EV hype goes on, TSLA up over 5% after earnings :eek:
     
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  4. bigbear0083

    bigbear0083 Content Manager
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    here's one last one for y'all's...thought this was pretty wild.

    did you guys know that at the absolute dead low on march 23rd, the SPX was down -30.7% ytd.

    whelp, it's now currently up over +2% YTD.

    fact is, no year in history has ever finished in the green when it was down at least -30% ytd at any point in the year. 2020 could be the very first year that's ever happened. :p

    [​IMG]
     
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  5. Vdubman

    Vdubman Well-Known Member

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    Profit taking on silver today. Looks like the next resistance level is $24-25, after that its $35 :cool:
     
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  6. bigbear0083

    bigbear0083 Content Manager
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  7. Vdubman

    Vdubman Well-Known Member

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    Jobless claims in an hour. Let’s see how high the printer can push us today!
     
  8. Vdubman

    Vdubman Well-Known Member

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  9. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    i was kicking myself for selling half my tesla before earnings yesterday, but looks like it wasnt a bad idea. getting in a small position in SNAP today on this pullback.
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Tech selling off hard today :eek: Was thinking about whether to get into TWTR or PINS yesterday and I picked PINS, looks like TWTR would have been a better pick at least for today :p
     
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  11. StockJock-e

    StockJock-e Brew Master
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    What is this red color? :)

    More importantly, is this more than a one or two day event?
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Small caps green for the day :eek: that’s interesting :eek:
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I think we rally tomorrow. It has been tough to keep this market down for consecutive days lately :p
     
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    INTC down after earnings :eek: It has been a dog if you compare it to something like NVDA and TSM
     
  15. Vdubman

    Vdubman Well-Known Member

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    My bet is on red tomorrow. It’s Friday and the stimulus is questionable in the senate. Hedge funds need to position themselves to buy for Monday rally on printer
     
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  16. bigbear0083

    bigbear0083 Content Manager
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  17. Vdubman

    Vdubman Well-Known Member

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    Headlines today:
    AmEx profits falls 85%, stock up .13%
    Dollar hits 22mo low, Euro 22mo High
    Big Tech antitrust probe from congress due early fall
    Intel down 11% on earnings and 7nm chip delays thanks to AMD hogging all the silicone causing their stock to rise 4.5% :)
     
  18. T0rm3nted

    T0rm3nted Moderator
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    Red again today? What kind of sorcery is this. Did we teleport to the future and the election is one week out?
     
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  19. Vdubman

    Vdubman Well-Known Member

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    Nah, printer jam
     
  20. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    If today finishes red, then we'll have those back-to-back red days that @bigbear0083 was telling us stories about.
     
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