Stock Market Today: July 2nd - 6th, 2018

Discussion in 'Stock Market Today' started by Stockaholic, Jun 30, 2018.

  1. Frankenstein

    Frankenstein Well-Known Member

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    I decided to focus on risk management here. It could go up. But, I like the idea of having cash for the possibility of entering at somewhere between 2650 and 2700--depending on the price action, of course
     
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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Not looking at the market much at all today. We remain resilient though, gapped down on the selloff in Shanghai but now just slightly in red and tech shares are in green
     
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  3. Frankenstein

    Frankenstein Well-Known Member

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    Yea, it's kind of crazy to predict because of being so range bound. But, hopefully, since I am all out now, the price shall collapse deep non-above the 2700 level soon. I want to re-enter long, especially if it hits that 2650 to 2675 level
     
  4. T0rm3nted

    T0rm3nted Moderator
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  5. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    short 808 shares of VXX @ open 36.25
     
  6. Frankenstein

    Frankenstein Well-Known Member

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    The SPX is at 2736 here on Tuesday. I figured it would be about here minimally. But I had exited being long yesterday for risk management and the possibiilty of re-entering at non-above 2700. Didn't happen. But, as long as you protect your account, there is always a next time...
     
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  7. OldFart

    OldFart Well-Known Member

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    IWM still going up
    SPY, QQQ & DIA still in a range -> not anymore...lol
     
  8. StockJock-e

    StockJock-e Brew Master
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    You spoke too soon! :D
     
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  9. OldFart

    OldFart Well-Known Member

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    Obviously....lol....
     
  10. OldFart

    OldFart Well-Known Member

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  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yep short day today. Ready to slide down the dinosaur.
     
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  12. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    closed my VXX short @ 37.16 - not holding over the holiday
     
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  13. Frankenstein

    Frankenstein Well-Known Member

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    Well, 2711 at 10:03 PST Tuesday
     
  14. rStock

    rStock Well-Known Member

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  15. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    long VXX 773 shares @ 36.41
     
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  16. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Out of VXX @ 36.54 small gain. Sold short 793 shares of VXX @ 36.52
     
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  17. OldFart

    OldFart Well-Known Member

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    Nice...$100 per hour lol
     
  18. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Lol, I wish it was always like that!
     
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  19. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    wow, nice turn back to the downside on VXX - thought for sure I'd be taking a big loss on my short.
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    We get a jobs report tomorrow, right? Not sure if it will impact the market much at all unless it is a big beat/miss :p Trade tensions probably remain the focus until we get to the earnings season
     
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