Stock Market Today: November 6th - 10th

Discussion in 'Stock Market Today' started by Stockaholic, Nov 3, 2017.

  1. StockJock-e

    StockJock-e Brew Master
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  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Oil at $57, haven’ seen it this high for awhile :eek:
     
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  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    No I wasn't, but it did. Talk about them acquiring FOXA.
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Stocks, gold, oil, bonds, and VIX are up today. Hey it's about time VIX joined the party too right. Of course Bitcoin is the one that's down.
     
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  6. Stockaholic

    Stockaholic Content Manager

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    whelp, the markets made some more history at the close today...

    first the nasdaq-

    today's closing ATH on the nasdaq comp was its 63rd record close of the year, breaking the previous record of 62 from 1980! :eek:

    [​IMG]

    second the s&p500-

    today's close on the s&p500 was its 44th consecutive trading day w/o a -0.50% drop ... that ties the longest streak from 1995! :eek:

    [​IMG]

    and finally all 3 of the major indices (dj30, sp500, nasdaq) closed at ATHs on the same day for the 26th time this year, which breaks the previous record of 25 back in 1995. :eek:
     
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  7. T0rm3nted

    T0rm3nted Moderator
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  8. OldFart

    OldFart Well-Known Member

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    IMG_0387.PNG

    Crazy vol on oil
    One year chart

    Selling into strength...?
    We'll see if this middle eastern bs dies down some in the next few weeks. I'm wondering if it's a ploy to get prices higher in the short term.
     
    #28 OldFart, Nov 7, 2017
    Last edited: Nov 7, 2017
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  9. Stockaholic

    Stockaholic Content Manager

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  10. Stockaholic

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    assuming the cash s&p does not close down by -0.50% today, that will mark the longest streak since 1968 where the SPX has not closed down by at least -0.50% (45 consecutive trading days).

    [​IMG]
     
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    So far looking on track for another less than 0.5% drop :p
     
  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Small caps and financials pretty weak today :eek:
     
  13. Stockaholic

    Stockaholic Content Manager

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  14. Stockaholic

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  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Well this market just continue to grind higher :eek: Right now it looks like we will just have a very calm year. If we get stronger oil prices into end of the year then it should bode well for the santa claus rally too :D
     
  16. StockJock-e

    StockJock-e Brew Master
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    I thought this was the Santa rally!

    Is there more ?
     
  17. Stockaholic

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  18. StockJock-e

    StockJock-e Brew Master
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  19. Brendan Cowie

    Brendan Cowie Active Member

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  20. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    So US tax delay sent the Japan stock market into a reversal?
    [​IMG]

    They're going to do this on the day before a holiday?
     

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