Stock Market Today: March 30th - April 3rd, 2020

Discussion in 'Stock Market Today' started by Stockaholic, Mar 27, 2020.

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  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Oil keeps tanking :eek: Gas prices still well over $3 here in Hawaii though :p
     
    #21 stock1234, Mar 30, 2020
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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Market has priced in some ugly numbers for the ADP this Wednesday and the NFP this Friday most likely, but let’s see how this market will react if we get some even uglier numbers than the estimates :eek:
     
    #22 stock1234, Mar 30, 2020
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  3. Stockaholic

    Stockaholic Content Manager

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    great call from the oil poll @stock1234 i think it was you who voted $19 for the low amirite?
     
    #23 Stockaholic, Mar 30, 2020
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I think I voted $18, could still get there I guess :p
     
    #24 stock1234, Mar 30, 2020
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  5. OldFart

    OldFart Well-Known Member

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    Under $2 here in FL for the low grade
     
    #25 OldFart, Mar 30, 2020
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  6. Stockaholic

    Stockaholic Content Manager

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    time to bust out the h2 soon oldie!

    once this covid bs has blown over i'm there :p
     
    #26 Stockaholic, Mar 30, 2020
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  7. Stockaholic

    Stockaholic Content Manager

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    wondering if i should set up a poll for friday's nfp print :p

    i'd have to give out extra cred to anyone who can actually nail that # ... would make for an interesting poll (more than usual) :p
     
    #27 Stockaholic, Mar 30, 2020
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  8. OldFart

    OldFart Well-Known Member

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    Release the beast!!

    gold_teeth.jpg
     
    #28 OldFart, Mar 30, 2020
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Will be interesting for sure :cool:
     
    #29 stock1234, Mar 30, 2020
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  10. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    I have never gotten my head around re-balancing and how that effects the markets. Can someone give me the readers digest version of how it works please?
     
    #30 Steven_Burt, Mar 30, 2020
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  11. Vdubman

    Vdubman Well-Known Member

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    Ditto

    $1.14 here for 87. 93 still $2.65 though
     
    #31 Vdubman, Mar 30, 2020
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  12. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Just opened a short position with 1 MES June contract. Looks like we're running up against some resistance around 2625 from last 2017 - early 2018 and October/November 2018... we'll see!
     
    #32 AverageJoesTrades, Mar 30, 2020
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  13. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    picked up some more labd, tomorrow will tell me if i hold or sell it
     
    #33 Ken34, Mar 30, 2020
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  14. OldFart

    OldFart Well-Known Member

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    Crazy moves on the currencies with the China manufacturing data
    EURO:

    me6.png
     
    #34 OldFart, Mar 30, 2020
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  15. Vdubman

    Vdubman Well-Known Member

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    I like your style

    Eyeballing that JNUG because why not. Market up, gold flat, Jnug down 7%.
     
    #35 Vdubman, Mar 30, 2020
  16. Vdubman

    Vdubman Well-Known Member

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    Also chatted with my buddy in the Bakken area. Told me that companies literally in the middle of moving rigs and just up and left everything closing the doors throwing the towel in after a month. Some of these producers not even hedged for more than a month. Going to see lots of consolidation here in the next month if oil prices don't pop back above $35/bbl
     
    #36 Vdubman, Mar 30, 2020
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    China manufacturing data was surprisingly good :eek: Lets see if it helps our market tomorrow as well, looks like crude is rebounding after that data .
     
    #37 stock1234, Mar 30, 2020
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  18. Stockaholic

    Stockaholic Content Manager

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    [​IMG]
     
    #38 Stockaholic, Mar 31, 2020
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  19. T-Coonazz

    T-Coonazz Member

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    Looks like the market is at key area now on the Fibonacci retracement
     
    #39 T-Coonazz, Mar 31, 2020
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  20. Stockaholic

    Stockaholic Content Manager

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    Good Tuesday morning Stockaholics 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 on this final trading day of Q1! :)
     
    #40 Stockaholic, Mar 31, 2020
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