Stock Market Today: May 29th - June 2nd

Discussion in 'Stock Market Today' started by Stockaholic, May 26, 2017.

  1. StockJock-e

    StockJock-e Brew Master
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    2 tech stocks could reach $1 trillion, and Apple isn't one of them, analyst says

    • Amazon and Alphabet's Google have the best chance of hitting the big "T," Michael Graham tells CNBC.
    • Amazon briefly crossed $1,000 per share on Tuesday.
     
  2. StockJock-e

    StockJock-e Brew Master
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    AMZN has been very impressive, my room is always full of empty boxes from them.
     
  3. Stockaholic

    Stockaholic Content Manager

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    happy month end trading today!

    barring some serious selloff today this month of may is looking to close up pretty nicely for the spx and nasdaq

    here are the percentage changes for the major indices for the week/month/quarter/year to this point right now (i'll have this chart re-posted in here after today's close to get the final #'s)-

    [​IMG]
     
  4. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    uh...well that pullback was sudden lol
     
  5. Stockaholic

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    looks like the small caps (russell 2000) may have topped out for the year? could be closing out may at the lows whilst the other majors are still closer to highs (nasdaq made ATHs this morning in fact lol) ... curious to see if this eventually corrects itself and drags the others down with it as well o_O

    edit: i believe it was @Wolfy who was thinking that maybe we have seen the HOY for the markets this month?
     
  6. Stockaholic

    Stockaholic Content Manager

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    ^^ here's what i was looking at earlier on said russ2k monthly chart-

    [​IMG]

    a similar thing happened with the RUT back in 2015 around this time ... small caps topped out in june of that year and proceeded to bring the rest of the markets into a correction ... will be interested to see if this happens again this year ... hmm
     
  7. StockJock-e

    StockJock-e Brew Master
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    We are almost there ;)

    I think the ducks are lining up.
     
  8. StockJock-e

    StockJock-e Brew Master
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    Those are the best ones!
     
  9. StockJock-e

    StockJock-e Brew Master
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  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Yeah I was looking to be down -0.50% today, but then we ripped back to almost even and now looking like we'll end flat.
     
  11. Stockaholic

    Stockaholic Content Manager

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  12. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The banks are getting hit pretty hard again :eek: I remember almost everyone on CNBC told you to buy the banks at the beginning of the year, it turned out to be a warning sign :p
     
  14. Stockaholic

    Stockaholic Content Manager

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    here are the percentage changes for the major indices for the week/month/quarter/and year as we closed out the month of May today-
    [​IMG]
     
  15. Stockaholic

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    just bumping this real quick in case anyone missed these tonight ... i'll be moving those 2 threads back into each of their respective group sections in a little while ... hoping everyone gets a chance to see them before tomorrow's open
     
  16. Stockaholic

    Stockaholic Content Manager

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  17. Stockaholic

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    quite the chop fest this morning thus far ... hoping we see some direction in this new trading month of june
     
  18. Stockaholic

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    /ES making new ATHs in the RTH here ... watching to see if we get any excess on these highs
     
  19. StockJock-e

    StockJock-e Brew Master
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    We need new highs in this market before the Oct collapse :)
     
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    I hope the collapse happens earlier than that :p
     
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