Stock Market Today: July 3rd - July 7th

Discussion in 'Stock Market Today' started by T0rm3nted, Jul 1, 2017.

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  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It's just something I saw and keep in mind when market takes a dive. I've read it as red line = someone who buys the dip with 2x leverage, blue line = someone who buys SPY.

    QE ended but it seems like BTFD is still in effect.
     
    #41 anotherdevilsadvocate, Jul 7, 2017
  2. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Pardon my ignorance but what the QE mean? Quantitative Easing?
     
    #42 AverageJoesTrades, Jul 7, 2017
  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yep Quantitative easing ;)
     
    #43 stock1234, Jul 7, 2017
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I guess the job report is just right for the market. We got a strong headline number but wage growth was rather weak. If we got strong wage growth, probably would have caused yields to surge and it probably would have been a problem for equities.
     
    #44 stock1234, Jul 7, 2017
  5. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    spx and nasdaq run right into resistance
     
    #45 Ken34, Jul 7, 2017
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