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Stock Market Today: July 8th - 12th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Jul 5, 2019.

  1. bigbear0083

    bigbear0083 Content Manager
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    haha, yeah pretty boring day today. no surprises i guess, with powell on deck later on in the week.

    earnings kick off next week will be nice too.

    that said, i'm thinking we're now entering the traditional "summer doldrums" period. i'm not sure what other news catalysts we have after we're through with the fed and earning season. thus, i don't know if we'll be seeing any large moves this summer, absent a black swan or trump tweet. :p could be pretty choppy.
     
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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    True haha. August could really be a boring month after the FED decision on rates late this month :p
     
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  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Dramatic uptick in Canine Heart Disease aka canine dilated cardiomyopathy (DCM).
    https://www.fda.gov/animal-veterina...rtain-diets-and-canine-dilated-cardiomyopathy

    Sounds like the culprit is the new rage of grain-free dog foods which turn out to be taurine-deficient, in the last 2 years.
    Here's the foods:
    [​IMG]

    I don't see Alpo in that list.

    This disease has all been recent:
    [​IMG]

    It's not related to just one type of animal protein, which has been popular to put in nowadays dog food.
    [​IMG]

    Pretty much stay away from dry foods (of the above listed brands)
    [​IMG]

    Types of dogs commonly affected:
    [​IMG]

    I wonder if pet owners are going to sue these companies? Pets enjoy an elevated place in society.
     
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  4. Jrich

    Jrich Well-Known Member

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    Don't see Iams in the list either... good thing, cause our black labs are 3rd at risk according to the charts
     
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  5. bigbear0083

    bigbear0083 Content Manager
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  6. OldFart

    OldFart Well-Known Member

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  7. Stan

    Stan Member

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  8. Stan

    Stan Member

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    This is sad.
    My father-in-law's Golden just died and was only 5. Unknown cause. Well, he was obese so this leads a lot of suggestion towards bad diet.
    Glad to not see my doggies food on there.

     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Powell testimony tomorrow, will see if we get a big move tomorrow :p
     
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  10. bigbear0083backup

    bigbear0083backup Administrator
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    ^^ yep, looks like markets pretty much on hold here until tomorrow :p

    do we know what time exactly the testimony gets underway tomorrow? i really should already know this, but been kinda swamped today :p
     
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  11. bigbear0083backup

    bigbear0083backup Administrator
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    oh whoops i didn't realize i was on my alternate account when i posted! :p

    had to run some quick fixes on the forums this afternoon. :p
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I think it will start at 10 am, gotta double check though :p
     
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  13. bigbear0083

    bigbear0083 Content Manager
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  14. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I don't normally insert my opinion on items like this, but WTF is the FED thinking about cutting rates right now. The only item on the table of risk is the trade war. Job #s were hot last week and the market sold off thinking it would squash the rate cut, but nah. Companies are continuing to beat earnings and guidance is up.

    What is going to happen when we actually have an economic turndown - there's going to be nothing left to cut and we're going to be in the same situation as other nations with negative rates.
     
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  15. OldFart

    OldFart Well-Known Member

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    He only said "act as appropriate"....
    My take -> if things look worse, then lower interest rates, if not raise them
     
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  16. OldFart

    OldFart Well-Known Member

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  17. OldFart

    OldFart Well-Known Member

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    FED speech turned into nothing but a political clown show
     
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  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Looks like new intraday ATHs for all 3 major indexes earlier today :eek: Powell didn’t exactly walk back the expectations of the rate cuts, I guess a cut likely will come this month unless the incoming data are really hot :eek:
     
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  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I guess we go back to QE when the next recession comes :p
     
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