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Stock Market Today: November 5th - 9th, 2018

Discussion in 'Stock Market Today' started by bigbear0083, Nov 2, 2018.

  1. FutureNvrEndz

    FutureNvrEndz Member

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    Sold 1 es at 2809

    Edit: 20 ticks to the good.
     
    #41 FutureNvrEndz, Nov 8, 2018
    Last edited: Nov 8, 2018
    stock1234 likes this.
  2. Steven_Burt

    Steven_Burt Well-Known Member

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    OSTK could be a monster tomorrow if they beat, 49% short float and 7% institutional trans. , no debt and 5.37/share cash on a $20 stock. A few early signs of buy volume coming in on the 15m. If they beat I'll be on this tomorrow.
     
  3. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    All 3 major indexes in the red now, interest rates and the dollar up a little bit after the FED
     
    Steven_Burt likes this.
  4. Steven_Burt

    Steven_Burt Well-Known Member

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    Markets seem to accept the 10 yr at 3.2+% yield here, what is the warning line now 3.5?
     
  5. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Yeah if we get to 3.5% relatively quickly (like by end of this year), then I can see a good chance of another pretty big pullback in equities.
     
  6. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Dollar index pretty much at HOD, equity market is down but is actually holding better than I thought it would be on higher dollar :eek: I guess we will see how the market closes :D
     
  7. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    [​IMG]

    EEM getting hit, higher dollar most of the time is bad for emerging market equities
     
  8. Steven_Burt

    Steven_Burt Well-Known Member

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    I would bet on that. I'm sure the dems in the house will be looking to give the president his (real) middle class tax cut pushing debts up and sucking more cash out of the markets. Also the FED is still unwinding and will only continue to increase their pace imo.
     
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  9. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    [​IMG]

    Getting hit after earnings :eek: I guess the housing slowdown in this country is for real :p In some areas home prices are getting out of control, a lot of people can't afford to buy anymore even if they have good solid incomes
     
  10. Steven_Burt

    Steven_Burt Well-Known Member

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    SQUEEZE IS ON!
     
    stock1234 likes this.
  11. Steven_Burt

    Steven_Burt Well-Known Member

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    LOL ... maybe not, I did like that 5% pop, we'll see tomorrow I guess.
     
  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Japan and Europe down tonight, losing their gains from 2 days ago. See how they end up.
     
  13. bigbear0083

    bigbear0083 Content Manager
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  14. bigbear0083

    bigbear0083 Content Manager
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    Good Friday 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!

    Happy trading to all on this final trading day of the week.
     
  15. bigbear0083

    bigbear0083 Content Manager
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    wow, crude down again today and printing a 59-handle :eek:

    oil is now off over -20% in just a couple of weeks from its recent peak of near $77

    [​IMG]

    this is now the longest "losing streak" for crude, since, get this folks..........in 35 years :eek:

    since 1983 there has not been a daily losing streak of 10 days for crude oil

    [​IMG]
     
  16. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Yeah amazing crash for oil :eek: Commodities are all struggling now due to stronger dollar

    Still early but for now it looks like we will finish in red, still a very good week overall but maybe the volatility that we saw in October isn’t done yet :p
     
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  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Looks like Silver will break down too.
     
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  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Saw GE trading with an 8 handle. So took a look at JCP and SHLD. Chart for SHLD wasn't coming up; turns out it's SHLDQ, finally. That's actually up 9% today. Has this whole rally been a dead cat bounce? Only a small number of stocks pushing to new highs.

    Seems like they're mostly in the telecom field, perhaps related to 5G?
     
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  19. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Man Chinese stocks really getting hammered :eek: Popular names like CTRP and JD now trading at $20s :eek:
     
  20. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    GE just around 73 billion market cap now :eek:
     

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