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Stock Market Today: November 12th - 16th, 2018

Discussion in 'Stock Market Today' started by bigbear0083, Nov 9, 2018.

  1. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    [​IMG]

    Housing stocks getting hit once again :eek:
     
    T0rm3nted and bigbear0083 like this.
  2. Frankenstein

    Frankenstein Active Member

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    Close. The SPX hit 2735. Maybe tomorrow, the SPX will rally above 2740 and at some point above that 2740 level, I shall probably exit for profit taking and risk management.
     
  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Think NVDA will pop on earnings...see in a couple minutes.
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    NVDA weak. Almost cut in half in just 2 months. Might never see $300.
     
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  5. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Yeah not looking good. Most semiconductor stocks are cyclical, could be in a downturn now after a long bull market.
     
  6. bigbear0083

    bigbear0083 Content Manager
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  7. bigbear0083

    bigbear0083 Content Manager
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    Good morning to all.

    Here is the pre-market thread for those of you wanting to get a quick read before today's open-
    [​IMG] <-- click there to read!

    Good trading to all on this final trading day of the week.
     
  8. bigbear0083

    bigbear0083 Content Manager
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    earnings season mostly done here, just a couple companies reporting in next weeks' holiday-shortened trading week-

    [​IMG]
     
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  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Got lower highs on the last 6-7 candles
    [​IMG]
    Might as well mark down today too, thanks to last night's ERs.
     
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  10. Frankenstein

    Frankenstein Active Member

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    I opted for risk management and profit taking. I exited my long at SPX 2730. I had entered at 2682.
     
  11. Frankenstein

    Frankenstein Active Member

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    A fresh start for me again. I'd like another collapse to that 2650 to 2680 level for another buying opportunity. This 2600 to 2800 range bound activity is actually doable for swing trades
     
  12. Frankenstein

    Frankenstein Active Member

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    I want 2680 for another long entry
     
  13. Frankenstein

    Frankenstein Active Member

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    So far, so good. I exited at 2730. It hit 2738. It's at 2721 now.
     
  14. Steven_Burt

    Steven_Burt Well-Known Member

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    What caused that pop? 20 pts in 10 minutes.

    EDIT: Presidential tweet, lol
     
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  15. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    What did he say lol
     
  16. Steven_Burt

    Steven_Burt Well-Known Member

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    China wants to make a deal.... Until Kudlow says the opposite later.
     
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  17. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    I seriously doubt we can get a deal done with the Chinese at G20 later this month, I think the best case will be something like good progress is made but no deal. We will see I guess lol
     
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  18. Frankenstein

    Frankenstein Active Member

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    I don't know where that burst up to 2747 came from but the bears need to take this puppy non above the 2660 level for a real buying opportunity
     
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  19. Steven_Burt

    Steven_Burt Well-Known Member

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    LOL staff at the WH already walking it back.
     
  20. Frankenstein

    Frankenstein Active Member

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    A test of 2620 at this point would be perfect for buying long
     

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