Stock Market Today: May 28th - June 1st, 2018

Discussion in 'Stock Market Today' started by Stockaholic, May 25, 2018.

  1. OldFart

    OldFart Well-Known Member

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    most of them do

    Robinhood does for sure
     
    #41 OldFart, May 31, 2018
    Last edited: May 31, 2018
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  2. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    sell in may and go away was anything but that. june does worry me though. looks like ill finally be losing my LABU, it was fun harvesting it over the past 2 months selling covered calls weekly.
     
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  3. Stockaholic

    Stockaholic Content Manager

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    well, barring any crazy eod action today, it looks like this could be the 6th consecutive May that has closed green for the SPX.

    sell in may and go away? fuhgettaboutit! :p

    i agree w/ you on the june worry though @Ken34

    since 1950, in midterm years (like this year) june ranks dead last for both the dj30 and spx with an avg. loss of around -2%

    [​IMG]

    historically june starts off okay, but then see's some pretty wicked volatility towards the middle and latter part of the month.

    [​IMG]
     
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  4. OldFart

    OldFart Well-Known Member

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    6J and GC went nutz
     
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  5. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    In SVXY 2,468 shares @ 12.98
     
  6. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Out @ 12.93 small loss.
     
  7. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    back in the saddle with 2,462 shares of SVXY @ 12.96
     
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  8. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    closed DUST short @ 24.14 - small gain.
     
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  9. Frankenstein

    Frankenstein Well-Known Member

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    I am now interested in a possible long entry at non above 2650, if that happens
     
  10. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Ugh... I'm getting chopped to pieces today. Out @ 12.85 for a loss
     
  11. Frankenstein

    Frankenstein Well-Known Member

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    Range bound behavior. Better to play it by entering--as had been said multiple times in the past--long pragmatically somewhere between 2600 and 2650 but ideally non above 2600.
     
  12. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    Almost down to my original entry on my long /ES I missed.
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah for Robinhood I got an email and the notification on my phone on my trades
     
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  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Haha yeah we actually had a pretty green May, I guess that was why we haven’t heard much about “sell in May and go away” at all this year :p
     
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  15. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    I think he's asking about a stock picking service... unless I read it wrong

    "hello folks, can anyone recommend a trading website which sends text alerts when to buy and sell?"
     
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  16. OldFart

    OldFart Well-Known Member

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    stayed up too late last night...you're right...my bad
     
  17. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    watching the cup finals?
     
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  18. OldFart

    OldFart Well-Known Member

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    had to do with a cup, but his name was Jack Daniels...
     
  19. OldFart

    OldFart Well-Known Member

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    "Sell to the bell" day I guess...
     
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  20. Stockaholic

    Stockaholic Content Manager

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    yep ... SPX goes out up +2.16% for May not too shabby ... 6th consecutive year that May has ended green.

    edit: worth noting that the record of consecutive green May's is 13 from 1985 to 1997 ... nowhere near that (yet) :p
     
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