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Stock Market Today: March 23rd - 27th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Mar 20, 2020.

  1. T-Coonazz

    T-Coonazz New Member

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    Yep, looks good on the Bull but we`ll see soon enough. Intraday we formed a Bearish H&S and that played out, then we formed a Bullish H&S and that played out at EOD.
     
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  2. bigbear0083

    bigbear0083 Content Manager
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    @T-Coonazz - just curious here, were you a member on the old HSM board? your pfp is very familiar to me. if not, then i apologize. either way it's great to have you here.
     
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  3. bigbear0083

    bigbear0083 Content Manager
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  4. Vdubman

    Vdubman Active Member

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    What is it with gaming stocks jumping? Casinos are still closed everywhere.
     
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  5. bigbear0083

    bigbear0083 Content Manager
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    Good Wednesday morning traders and welcome to a new day, fresh start!

    Here is this morning's pre-market news thread for those of you wanting to get a quick read before today's open-
    [​IMG] <-- click there to read!

    Hope everyone in here has a great trading day ahead today! :)
     
    OldFart likes this.
  6. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    buy the rumor sell the news? Futures down after the big stimulus bill. Hopefully people see that you can't throw money at virus to fix it. We're still about 1-2 weeks away from a lockdown to stop the spread and it'll be too late - just saying.
     
    OldFart likes this.
  7. Daniel Rizzo

    Daniel Rizzo New Member

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    Right ?! Big question, I made some good money since Tuesday. My fear is things get better than sooner. Then what we missed the low
     
    OldFart likes this.
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    rejected at 2500
     
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  9. OldFart

    OldFart Well-Known Member

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    Lil-Coonazz!!....welcome back my friend!!! @T-Coonazz
     
    bigbear0083 likes this.
  10. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    a look above and fail at the 8 ema
     
  11. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    dam tesla was an awesome buy off the 200 day, wish i had bought more than i did lol
     
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  12. bigbear0083

    bigbear0083 Content Manager
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    ah, yes, that was it! lil-coonazz.

    and, oldie, i'm really impressed at your memory!

    you never miss a beat man. :D
     
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  13. bigbear0083

    bigbear0083 Content Manager
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    don't wanna jinx this, but could this be our first back-to-back green days for the SPX for a long time?

    i just checked, and it looks like we haven't had back-to-back up days in the SPX for the past 28 trading days. wow.

    that happens to tie the longest streak going back to WWII.

    in fact, for the DJ30, it hasn't had back-to-back green days in the past 32 trading days, which ties the 4th longest in history.

    looks like that streak finally ends today absent some big reversal that has us closing red for the day.

    [​IMG]
     
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  14. rStock

    rStock Well-Known Member

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  15. rg7803

    rg7803 Active Member

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    after, and I repeat AFTER, it is easy to see that 350 level could have some foundation; further to MA200 worked as sup/level before

    tsla_w.png
     
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  16. Vdubman

    Vdubman Active Member

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    OldFart likes this.
  17. Strategic Planning

    Strategic Planning New Member

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    INO : Inovio Pharmaceuticals has potential for huge growth! Covid-19 vaccine trials start in April! Nows the time
     
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  18. rg7803

    rg7803 Active Member

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    sure; you too, as long you continue eating all your cereals at breakfast...
    why btw?
     
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  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Heh TDOC down -15% intraday, and one of the few stocks that was down yesterday. Got to be careful when the RSI hits 80.

    Growth stocks outperformance looks to me like it has hit an extreme. MSFT is the largest weighting in that index. Again, careful of chasing stocks with RSI over 80. Feeling like it will get choppy.
     
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  20. bigbear0083

    bigbear0083 Content Manager
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    DJ30 is now up +20% off of monday's low

    i was wondering if that technically meant we entered a new bull ... but i think not since that is going off of intraday extremes.

    still impressive move this week thus far :p

    [​IMG]
     
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