Stock Market Today: July 24th - July 28th

Discussion in 'Stock Market Today' started by T0rm3nted, Jul 22, 2017.

  1. T0rm3nted

    T0rm3nted Moderator
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    This past week saw the following moves in the S&P:
    upload_2017-7-22_12-42-22.png

    Major Indices End of Week:

    upload_2017-7-22_12-43-37.png

    Bird's Eye view of the Major Futures Markets on Friday:

    upload_2017-7-22_12-44-41.png

    Economic Calendar for the Week Ahead:
    [​IMG]

    upload_2017-7-22_12-45-29.png

    Sector Performance WTD, MTD, YTD:

    upload_2017-7-22_12-47-6.png
    upload_2017-7-22_12-47-22.png
    upload_2017-7-22_12-47-33.png
     
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  2. T0rm3nted

    T0rm3nted Moderator
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    Stock Market Analysis for Week Ending 07.21.17
    Video from AlphaTrends Brian Shannon



    ShadowTrader Video Weekly 7.23.17
    Video from ShadowTrader Peter Reznicek

    NOT UP YET
     
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  3. T0rm3nted

    T0rm3nted Moderator
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    [​IMG]

    Monday 7.24.17 Before Market Open
    :

    upload_2017-7-22_12-51-25.png

    Monday 7.24.17 After Market Close:
    upload_2017-7-22_12-51-47.png

    Tuesday 7.25.17 Before Market Open:
    upload_2017-7-22_12-52-28.png

    Tuesday 7.25.17 After Market Close:
    upload_2017-7-22_12-52-56.png

    Wednesday 7.26.17 Before Market Open:
    upload_2017-7-22_12-53-39.png

    Wednesday 7.26.17 After Market Close:
    upload_2017-7-22_12-54-9.png

    Thursday 7.27.17 Before Market Open:
    upload_2017-7-22_12-54-39.png

    Thursday 7.27.17 After Market Close:

    upload_2017-7-22_12-55-8.png

    Friday 7.28.17 Before Market Open:
    upload_2017-7-22_12-55-46.png

    Friday 7.28.17 After Market Close:

    upload_2017-7-22_12-56-8.png

    [​IMG]
     
  4. T0rm3nted

    T0rm3nted Moderator
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    And finally the futures on this beautiful Saturday afternoon at the office:

    upload_2017-7-22_12-57-50.png
     
  5. T0rm3nted

    T0rm3nted Moderator
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    Good luck to everyone this week and let's make it a good one!
     
  6. Baggi

    Baggi Active Member

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    I think we have one more high in this market and then we will finally see a 5% correction. Which sounds weird, because 5% isn't really that much. But since we haven't seen one this year, I'm thinking it's coming in the next month or two.
     
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  7. Wolfy

    Wolfy Active Member

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    I am debating with myself whether I should sell a put spread for Googl's ER tonight or buy a atm call & sell a covered
     
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I hope you are right, we are well overdue for a correction :D
     
  9. StockJock-e

    StockJock-e Brew Master
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    At this point, correcting will just take us back to the uptrend here.

    It may seem like a lot, but its well within this bigger uptrend!

    [​IMG]
     
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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    GOOGL having a pretty nice run into the close and into their earnings AH, if its report is good we could continue to see those FANG stocks making new highs :D
     
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  11. T0rm3nted

    T0rm3nted Moderator
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    Just looked at the quote, down 3% AH, so looks like it probably missed.

    Nevermind, it actually beat. Not sure why it's down:

     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Alphabet beats revenue forecast, but warns about rising costs

    https://www.reuters.com/article/us-alphabet-results-idUSKBN1A92GZ

    Seems like they are blaming the rising costs.
     
  13. T0rm3nted

    T0rm3nted Moderator
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  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    What happened to biotechs in the last 30 minutes?
     
  15. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    amd up 8% AH, i dont have the numbers yet, but its clearly a beat from that reaction, congrats to us longs in amd!
     
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yields moved up pretty big today before the FOMC meeting tomorrow, but the market held up pretty well. I would be surprised though if this market can just continue to move higher without any correction if we begin to see interest rates going up from here :p
     
  17. Jrich

    Jrich Well-Known Member

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    Washington agreed (for lack of a better term) not to throw out the big repeal

    Im not playing the sector, but i follow cause its interesting..... every time it looks like Obamacare might survive (for lack of a better term), health care and biotech shoot off the charts..... and every time it looks like we may repeal it, the sector crashes

    Kinda puts things in perspective as to which direction is beneficial to the people and which direction is beneficial to the industry (cause its never good for both)

    Sorry if that sounds political, but i think its worth attention
     
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  18. Wolfy

    Wolfy Active Member

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    The earning numbers are not surprising, but the guidance is definitely pushing it for a new high.
     
  19. T0rm3nted

    T0rm3nted Moderator
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    Well I guess I'll post this a little early this week since I won't be around from Thursday-Sunday. Who wants to put up next week's thread? I won't get around to it this time.
     
  20. T0rm3nted

    T0rm3nted Moderator
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