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 26th - 30th, 2018

Discussion in 'Stock Market Today' started by bigbear0083, Nov 24, 2018.

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    2,945
    Likes Received:
    1,566
    Range-bound between 2 gaps. 2650 below, 2680 above. Wonder if we'll be like this all week.
    Underneath it all, see which sectors move up easily and hold up, and which sectors move down easily and stay down.
     
    Three Eyes likes this.
  2. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,235
    Likes Received:
    2,077
    Powell speech tomorrow and then the G20 starts Thursday, could be setting up for a very interesting finish for this trading week :D
     
  3. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    402
    Likes Received:
    144
    I want the SPX at 2600 for a long entry. My theory says that the SPX has to re trace to the 2750 level at some point.
     
  4. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    13,481
    Likes Received:
    4,134
  5. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    13,481
    Likes Received:
    4,134
    Good Wednesday 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!
     
  6. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    2,945
    Likes Received:
    1,566
    A weak hold by the tech stocks, after yesterday's big results from CRM and NTNX.
     
  7. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    402
    Likes Received:
    144
    On November 20th I wrote: "With this collapse, I might target profit taking around the 2720 to 2730 level. Of course, everything depends on the price action." The SPX hit 2723. I'm all out. I exited yesterday at 2675--risk management. Made some profit but, of course, not as much as I could have. Again, price prediction and trade management are separate issues.
     
    #27 Frankenstein, Nov 28, 2018
    Last edited: Nov 28, 2018
    Steven_Burt likes this.
  8. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,235
    Likes Received:
    2,077
  9. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    402
    Likes Received:
    144
    And so...I shall look for a new opportunity with a fresh start. Hopefully, with Trump, we shall have more excellent opportunities in the future.
     
    stock1234 likes this.
  10. internationalstocks

    internationalstocks Active Member

    Joined:
    Apr 3, 2016
    Messages:
    397
    Likes Received:
    139
  11. internationalstocks

    internationalstocks Active Member

    Joined:
    Apr 3, 2016
    Messages:
    397
    Likes Received:
    139
    Next week will tell. After G20 the new daily, weekly and monthly candles will start next week. Let's see. Perhaps a short Santa's rally for time being and end of the month dressing.
     
    #31 internationalstocks, Nov 28, 2018
    Last edited: Nov 28, 2018
    stock1234 likes this.
  12. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,235
    Likes Received:
    2,077
    All major indexes are up well over 2% and the NASDAQ is up almost 3% :eek: I guess we are going to the moon if we get some good news at G20 this weekend :p
     
  13. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    402
    Likes Received:
    144
    So, the SPX hit 2743. I wrote the above yesterday. Too bad, it didn't collapse first
     
    stock1234 likes this.
  14. Frankenstein

    Frankenstein Active Member

    Joined:
    May 18, 2016
    Messages:
    402
    Likes Received:
    144
    Oh, well. I shall return when a nice entry level happens
     
    stock1234 likes this.
  15. Venom08

    Venom08 Member

    Joined:
    Apr 3, 2016
    Messages:
    92
    Likes Received:
    38
    Santa Rally in full swing? Biggest rally in eight months today.
     
  16. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    13,481
    Likes Received:
    4,134
  17. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    13,481
    Likes Received:
    4,134
    Good Thursday 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!
     
  18. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,235
    Likes Received:
    2,077
    Market remains pretty resilient after a brief selloff on trade war headlines :eek:

    10 year yields now at just barely over 3% which is a pretty sweet spot for stocks, let’s see if the FED Minutes at 2 PM will move the market :D
     
    Three Eyes likes this.
  19. stock1234

    stock1234 2017 Stock Picking Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    3,235
    Likes Received:
    2,077
    [​IMG]

    Deutsche Bank down big once again, something to keep an eye on especially for the banking sector
     
  20. Three Eyes

    Three Eyes Well-Known Member

    Joined:
    Dec 14, 2017
    Messages:
    358
    Likes Received:
    316
    ...and will the minutes be consistent with what Powell said yesterday? (Or, at least, how Mr. Market interpreted what Powell said yesterday.)
     
    Steven_Burt and stock1234 like this.

Share This Page