Stock Market Today: June 5th - 9th

Discussion in 'Stock Market Today' started by Stockaholic, Jun 2, 2017.

  1. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    On MSNBC they said it was an all time low
     
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  2. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    What happened news-wise to Nasdaq at 12pm?
    [​IMG]
     
  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah a lot of loved tech names are getting sold hard :eek: Banks and energy are having great day though
     
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I think I read an article saying that the ATL for VIX is something in the 8s, but I need to double check ;)
     
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  5. Stockaholic

    Stockaholic Content Manager

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    Yep you are correct. :D

    8.89 is the AT(intraday)L on December 27th 1993.

    The AT(closing)L is 9.38 I'm seeing though, so we were just barely flirting with an ATL close earlier this morning. :p
     
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  6. Jrich

    Jrich Well-Known Member

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    Did oil find the bottom?... or just wake up on the green side of the bed??
     
  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Thanks for confirming Cy ;) I just got up big but seems like the VIX bouncing back from the lows :eek:
     
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Oil not up that big but energy names are doing very well, seems like people are selling tech to buy financials and energy today.
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Seems like the tech selloff continues :eek:
     
  10. Stockaholic

    Stockaholic Content Manager

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    wow yeah i haven't seen quite this extreme of divergent type action between the nasdaq 100 and the small caps index in a pretty long time :eek:
     
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  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Best I could find was AAPL down -3.7% because Taylor Swift is going to be on Spotify too :cool:
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah seems like what have been underperforming this year are doing well today while the best performer tech is having a really bad day
     
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  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Thanks didn't know that news, are we going to see a Spotify IPO this year :D
     
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    If some people bought some puts expiring today on some tech names this morning, they are probably laughing all the way to the bank :D
     
  15. Wolfy

    Wolfy Active Member

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    wow what a sell off on QQQ
    Big Fives have pretty much go back to the pre-rally level.

    A couple name got on my attention: MU, Wynn, and MSFT. Target 30, 128, and 68 respectively.
     
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Cool, I bought more MU to average down
    MU_170609.png

    Still holding LVS (related to WYNN) because I think it's in Stage two
    [​IMG]
    [​IMG]

    Although WYNN has been the strongest casino stock I think.

    And I will buy a railroad stock (ODFL) because they aren't far-extended from 50-day averages.
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    It's really rare to see stocks moving down twice as much as their ATR. A steady stock like AAPL, ATR=1.91, today's range 155.19 down to 148.43 is 6.76.
     
  18. Stockaholic

    Stockaholic Content Manager

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    damn that is a pretty ginormous range in the nasdaq 100 ... could this be an outside week potentially? (new weekly high today and a close below last weeks low)

    [​IMG]
     
  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Huge swing for the VIX too, now it is up big for the day :eek:
     
  20. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    i sold amd before i went to bed, cause of the short citron attacking nvda today, just woke up, what in the world is going on? lol. spx still holding the 21, im still in MU, only question now is if this is the start of something bigger or what?
     

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