Stock Market Today: May 15th - 19th

Discussion in 'Stock Market Today' started by Stockaholic, May 14, 2017.

  1. Stockaholic

    Stockaholic Content Manager

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    markets coming off just a bit here as we head into the home stretch ... was about a 7 handle spike down a little while ago ... guessing news related?
     
  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah seems like the market is pricing in the rate hike in June but that's about it for this year. The ECB is expected to taper on its QE soon and it helps the Euro as well. Political risks are also lower in Europe now after the French election while ours just got higher after the Trump news earlier this week, just my 2 cents ;)
     
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  3. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Markets move lower as WaPo reports that a current WH official is 'significant person of interest' in Russia probe

    https://mobile.twitter.com/CNBC/status/865647018944872450
     
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  4. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    IMO dip buyers are gonna get squeezed, we just dropped roughly 1/3 the daily gains on a 5m chart on a news report.
     
    #64 Steven_Burt, May 19, 2017
    Last edited: May 19, 2017
  5. Steven_Burt

    Steven_Burt 2019 Stockaholics Contest Winner

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    The two day trend line will be important on Monday I think:

    tl.png
     
  6. mina elmim

    mina elmim Member

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    Anyone else thinking what effect Trump's Saudi visit is going to have on oil prices? I'm having trouble seeing a down market on monday
     

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