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Stock Market Today: July 6th - 10th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Jul 2, 2020.

  1. Vdubman

    Vdubman Well-Known Member

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    If SPX closes red, we get a retrace to 3015 to test triple support.
     
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  2. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    if we go back down there this soon again, i dont think it will be a test, will prolly break.
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    WMT up 6% in a red market, I guess there is some news that I missed about it :eek:
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I hear they are starting Walmart+, with same-day(1-day?) delivery for online shopping and early access to some sales, and....honestly I didn't think it was so great. The Walmart website is garbage.
     
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  5. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    Man I hope you are right about this I have been adding shorts this whole run up. I know... "but the FED" , But this is just stupid. ATH's in the middle of a recession, and the low hanging fruit has been picked for jobs. It's a slog from here on out for jobs imo.
     
  6. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    I say we break 3122.75 and we quickly see 3002.50. Yesterdays run up had me questioning my thesis but today negated yesterday. Let's get this party started already lol. Fingers crossed.

    spx_004.png
     
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  7. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    i would say there is decent support between where we closed today and 3050. so if its really going lower, would have to combat that level first imo.
     
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  8. Vdubman

    Vdubman Well-Known Member

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    Let's see how that printer operates tomorrow. Wednesdays are down days typically.
     
  9. bigbear0083

    bigbear0083 Content Manager
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  10. Vdubman

    Vdubman Well-Known Member

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    Keep an eye on PAAS, now generating income from Gold as well.
     
  11. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    J Pow came ready for the party today. I think I can hear the brrrrr from my office right now.
     
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  12. Vdubman

    Vdubman Well-Known Member

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    Woot! Silver breaking $18.50 resistance and running again!!!

    $25 here we come
     
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  13. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    uh oh I think he got a paper jam:p
     
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  14. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    small caps peeked red there for a second. They are definitely lagging the 3 bigs.
     
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  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The Chinese internet stocks are red hot lately, both BABA and JD up big :eek:
     
  16. emmett kelly

    emmett kelly Well-Known Member

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    as well as LKNCY
     
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    GDX hit 52 week highs with gold now well above 1800s :eek: GLD still well below the ATH that it hit in 2011, but we could get there if the pandemic and the money printing drags on
     
  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Seems like NVDA has a bigger market cap than INTC now :eek: INTC has really been lagging when other chip stocks were rallying hard
     
  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    SNAP and TWTR both up big :eek:
     
  20. surfsup

    surfsup Active Member

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    I like MAG better. The miners have been better than gold lately.
    Look at Great Bear, Kirkland Lake 3 and 5 year charts. So many names to talk about.
    NSRPF is going to break out soon it will likely be a +$100 stock in 5 years, trading sub $3
    So many choices! Good luck and stay safe friends.
     

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