Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

Stock Market Today: June 27th - July 1st

Discussion in 'Stock Market Today' started by bigbear0083, Jun 24, 2016.

  1. surfsup

    surfsup Active Member

    Joined:
    Apr 3, 2016
    Messages:
    196
    Likes Received:
    48
    Futures up premarket 0.5% across the board. Looks like a morning open..
     
  2. hitman

    hitman Active Member

    Joined:
    May 29, 2016
    Messages:
    541
    Likes Received:
    157
  3. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    5,042
    Likes Received:
    1,153
    Furures, Oil, and the Pound all up

    upload_2016-6-29_5-28-3.png
     
  4. MaximusAnalysis

    MaximusAnalysis Active Member

    Joined:
    Apr 4, 2016
    Messages:
    456
    Likes Received:
    141
    #ES_F $ES_F #SPY levels to watch 2048 / / 2036.75 / / 2025.50
     
  5. surfsup

    surfsup Active Member

    Joined:
    Apr 3, 2016
    Messages:
    196
    Likes Received:
    48
    New highs on sugar SGG
     
  6. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    7,277
    Likes Received:
    2,227
    There was a big 1630 TICK this morning which indicates a big buying spike.

    This is usually a short term indicator that could mean a top is in, or close.

    We see the same to the downside, when there is a huge flush of sellers, it indicates that they have thrown in the towel.

    So far market internals are very bullish, so no tops yet, but seeing this is a long weekend (July 4th market is closed), many long positions may unwind today and tomorrow.
     
  7. MaximusAnalysis

    MaximusAnalysis Active Member

    Joined:
    Apr 4, 2016
    Messages:
    456
    Likes Received:
    141
    Pretty interesting action to say the least...I am waiting for this week to close or open stuff...
     
  8. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    5,042
    Likes Received:
    1,153
    I agree with that, and even the market is up I think money is flowing into safety stocks like T, VZ and other big names
     
  9. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    7,277
    Likes Received:
    2,227
    SethQue had a nice trade idea, TBT obviously getting smacked down, so he is playing "catch the knife" here with some call options.

    I think we see this all reverse soon and TBT will get some upside
     
  10. Revan

    Revan Member

    Joined:
    Jun 20, 2016
    Messages:
    87
    Likes Received:
    22
    Doubling down on SPY short position. Wake up markets, winter is coming. Seriously though it is tough to make a buck shorting this market.
     
    StockJock-e likes this.
  11. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    7,277
    Likes Received:
    2,227
    Winter is here!
     
  12. LloydWCoutee

    LloydWCoutee Active Member

    Joined:
    May 4, 2016
    Messages:
    724
    Likes Received:
    58
    Wonder how low $TSRO can go in the long run if FDA puts up obstacles or does not approve as easily as bulls expect today. LOL
     
  13. Rock Sexton

    Rock Sexton Meat Popsicle

    Joined:
    Apr 6, 2016
    Messages:
    584
    Likes Received:
    621
    Brexit fear panderers getting their backsides handed to them these last couple days.
     
  14. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    5,042
    Likes Received:
    1,153
  15. surfsup

    surfsup Active Member

    Joined:
    Apr 3, 2016
    Messages:
    196
    Likes Received:
    48
    I'm Ouuutttttt!

    Scaling into some short ETFs again now.
     
  16. StockJock-e

    StockJock-e Brew Master
    Staff Member

    Joined:
    Apr 3, 2016
    Messages:
    7,277
    Likes Received:
    2,227
    Lowest TICK reading of the day here, if there is a reversal, sellers should start coming out.

    The ES is also at the Friday rebound highs around 2060.
     
  17. Tiptopptrader

    Tiptopptrader Well-Known Member

    Joined:
    Mar 31, 2016
    Messages:
    5,042
    Likes Received:
    1,153
    I think will see the normal pull back but I think the market closes strong
     
  18. duck mich

    duck mich Member

    Joined:
    Apr 6, 2016
    Messages:
    97
    Likes Received:
    16
    I'm thinking on a put on CMG:rolleyes:
     
  19. Ken34

    Ken34 2017 Stock Picking Contest Winner

    Joined:
    Apr 4, 2016
    Messages:
    1,789
    Likes Received:
    946
    watching 2072, lets see if it serves as resistance for the rest of this week.
     
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,958
    Likes Received:
    4,494
    What a comeback for the market, almost like the Brexit didn't happen lol
     
    OldFart likes this.

Share This Page