Welcome Stockaholics!

We are a new and fast growing financial forum! Sign up for free and let's talk stocks!

  1. Do you want to help develop this community? We are looking for contributions from investors and traders like you! What stocks do you follow? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing financial forum!
    Dismiss Notice
  2. You will notice a live chat widget on the right. Click in to join us and lets hear about how you nailed that last UWTI trade!
    Dismiss Notice

Stock Market Today: November 11th - 15th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Nov 8, 2019.

  1. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    19,350
    Likes Received:
    6,774
    ^^ this 100%

    not really sure what other catalysts we have out there going into year end.

    earnings season is wrapping up, and we're through most of the fed events...although i believe there is one more meeting left in december.

    seems like absent a black swan, it's going to be super choppy into the end of the year.

    we're now into the holiday season so, bring on the fat man in the red suit :D
     
    OldFart and stock1234 like this.
  2. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    19,350
    Likes Received:
    6,774
    Shrinking Ranges
    Thu, Nov 14, 2019

    In the S&P 500's run to new highs over the last few weeks, overall volatility has really become subdued. For example, the S&P 500 hasn't had an intraday swing of even 1% in more than a month now. The chart below shows streaks over the last ten years where the S&P 500 didn't see a 1% spread between its intraday high and low and allows us to compare how the current streak stacks up to prior periods.

    While the current 24 trading day streak without a 1% intraday move is far from the longest over the last ten years, there haven't been a lot of streaks that were longer. Ironically enough, the three streaks that were the longest of the last ten years all occurred in the two years after the 2016 election. For all the turmoil that seems to surround this Administration, market turmoil hasn't been one of them.

    [​IMG]
     
    OldFart likes this.
  3. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    19,350
    Likes Received:
    6,774
    make it 27 trading days in a row since the last back-to-back red days on the spx ... currently the longest streak since january of 2012 :p

    [​IMG]
     
    OldFart and stock1234 like this.
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,538
    Likes Received:
    3,350
    OldFart likes this.
  5. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    19,350
    Likes Received:
    6,774
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,538
    Likes Received:
    3,350
    The talk of positive progress on trade deal still working for the bulls for now I guess lol. Still highly doubtful whether we will actually get the Phase 1 deal done by end of the year, only my opinion of course :p
     

Share This Page