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 16th - 20th, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Nov 13, 2020.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445
    NYC closing their schools, will the market rotate back into the stay at home plays? :eek:
     
  2. Vdubman

    Vdubman Well-Known Member

    Joined:
    May 2, 2016
    Messages:
    559
    Likes Received:
    308
  3. Vdubman

    Vdubman Well-Known Member

    Joined:
    May 2, 2016
    Messages:
    559
    Likes Received:
    308
    I am surprised Ferrari was able to make it this high. FCA offloaded a ton of their debt onto RACE when they did the split a few years ago. Maybe it’s just due to their enormous profit margins on cars? I have never really paid much attention to their financials.
     
    stock1234 likes this.
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,254
    Likes Received:
    2,834
    I bought SPY 342 puts expiring next Friday, before the drop in the last 2 hours, in case of a 5% pullback from 3600 SPX.

    Finviz showing nearly 80% of stocks above 200 sma. Eventually that will have to go down, but the question is which stocks will it be?
     
    JaysonW and Vdubman like this.
  5. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    23,618
    Likes Received:
    8,514
  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,254
    Likes Received:
    2,834
    1-month and 3-month US Government bonds down to 0.05%, started the month ~0.10%.
     
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,254
    Likes Received:
    2,834
    The interesting thing about NIO yesterday was the ER volume was lower than the previous 4 days(!). Seems like a lack of demand up here. It is up +6% today, maybe we get a short squeeze up then a crash. FOMO is right.

    I just listened to the Fast Money podcast from a couple days ago (so much stuff to watch/listen, I can't keep up hah). Didn't know GM had the #2 electric car in China, sales-wise ahead of NIO and Tesla.
     
    stock1234 likes this.
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445
    Looks like I sold COTY too early, it is running again :horse:
     
  9. andyvds

    andyvds Member

    Joined:
    Jul 17, 2020
    Messages:
    34
    Likes Received:
    17
    happy with my NIO stock. i'm in for the long run. i see stock price > 100 end of 2021. and that's not the end.
     
    stock1234 likes this.
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,254
    Likes Received:
    2,834
    Inside week for the indices, a pretty narrow one for Nasdaq.
     
    stock1234 likes this.
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445
    Initially it was just a trade for me, but it doubled and I sold about half to get my investment back already, I guess I will hold for a long time now since the shares that I have pretty much are free shares now :p
     
    JaysonW and andyvds like this.
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445
    Yeah seems like they are hyping GM as a EV play lately :p
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445


    Just saw this, I think Apple should forget about the foldable phone and go with the rollable instead :p
     
    andyvds and BigPear like this.
  14. BigPear

    BigPear Member

    Joined:
    Aug 20, 2020
    Messages:
    48
    Likes Received:
    6
    The technology used in this folding phone looks very advanced.
     
    stock1234 likes this.
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445
    Tech outperforming today, seems like the stay at home stocks getting some love again :eek:
     
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445
    LOL at those EV stocks, they are running again today :lauging:
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,254
    Likes Received:
    2,834
    Solar stocks as well, eg the TAN etf.

    FCEL has had an amazing week, a hydrogen fuel company.

    It's those kids and their clean energy.

    Kinda amazing that TSLA is down, but it has resistance at $500.
     
    stock1234 likes this.
  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    4,254
    Likes Received:
    2,834
    GSX reported 253% growth rate.
    Down ~20% today :lauging:
    Let's see if this thing starts snowballing downhill.
     
  19. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445
    LOL I don’t think the numbers can be trusted from that company
     
    anotherdevilsadvocate likes this.
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    5,825
    Likes Received:
    4,445
    Both plays doing pretty well as of now :D
     

Share This Page