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: October 14th - 18th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Oct 11, 2019.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,457
    Likes Received:
    3,255
    I was thinking Trump probably not going to tweet anything on trade talks until he meets with Xi later next month :p
     
    OldFart likes this.
  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,457
    Likes Received:
    3,255
    A good day for UNH, up about 8% for the day. It is one of the major laggards in my portfolio :p
     
    OldFart likes this.
  3. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    18,923
    Likes Received:
    6,587
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,705
    Likes Received:
    2,357
    Morgan Stanley downgrades NOW on risks, NOW -3%
    WDAY cut after Rising event, WDAY -5%
     
    OldFart likes this.
  5. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,705
    Likes Received:
    2,357
    Would like to see the relative strength of growth/value (eg IVW/IVE) get above that 50-day sma.
    [​IMG]

    Growth stock TEAM reports tomorrow.
     
    OldFart, stock1234 and T0rm3nted like this.
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,457
    Likes Received:
    3,255
    NFLX earnings should be interesting after the bell, they will have pressure to post solid subscriber number due to increasing competition
     
    bigbear0083 and OldFart like this.
  7. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,705
    Likes Received:
    2,357
    I think NFLX will respond well.
     
    stock1234 likes this.
  8. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    18,923
    Likes Received:
    6,587
    and so it begins! :D

    should be interesting indeed to see how this ER season goes...we've got a good solid 2 weeks of this until the next fed meeting on the day before halloween i believe :p
     
    stock1234 likes this.
  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,457
    Likes Received:
    3,255
    I didn’t check the latest rate cut offs for October but looks like the retail sales data were pretty disappointing this morning, so my guess is the chances of a cut are still pretty high :p
     
    bigbear0083 likes this.
  10. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    18,923
    Likes Received:
    6,587
  11. ESMac_Magnaye

    ESMac_Magnaye New Member

    Joined:
    Oct 9, 2019
    Messages:
    13
    Likes Received:
    12
    upload_2019-10-17_19-46-1.png

    upload_2019-10-17_19-46-14.png

    Both directions are pointing to rate cut

    I just realized you can copy and paste images on the reply tab, I didn't know that this is convenient Forum, love it
     
    stock1234 and T0rm3nted like this.
  12. T0rm3nted

    T0rm3nted Moderator
    Staff Member

    Joined:
    Apr 2, 2016
    Messages:
    6,839
    Likes Received:
    1,908
    Yes you can, and I love it!
     
    stock1234 and ESMac_Magnaye like this.
  13. bigbear0083

    bigbear0083 Content Manager
    Staff Member

    Joined:
    Mar 29, 2016
    Messages:
    18,923
    Likes Received:
    6,587
    S&P 500 Sector Valuations
    Thu, Oct 17, 2019

    The S&P 500's trailing 12-month P/E ratio has ticked up to 19.62 recently, which is close to its highest level of the past year. For valuations to stop expanding on any breakout higher for the S&P, we'll need to see earnings (the "E" in P/E) keep up with price. That's going to be a tough ask for corporate America this quarter, so we may be heading into 2020 with valuations at more concerning levels.

    [​IMG]

    Below are one-year charts of P/E ratios for ten S&P 500 sectors. These charts are included in our weekly Sector Snapshot report sent to Bespoke Premium members. Consumer Discretionary has the highest P/E ratio at 24.15 followed by Technology at 23.38. Tech's P/E has really jumped a lot recently to new 52-week highs. The Financial sector has the lowest P/E of the major sectors at just 13.27.

    [​IMG]

    [​IMG]
     
    stock1234 likes this.
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,457
    Likes Received:
    3,255
    Will be interesting to see what the FED does this month, the FED speakers seem to be trying to walk back expectations on the rate cuts lately :D
     
  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,457
    Likes Received:
    3,255
    Yeah if the market goes higher then we will likely see some PE expansion, earnings growth probably will be pretty flat for the near future :eek:
     
  16. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,457
    Likes Received:
    3,255
    NFLX is now way off from its HOD, looks like they will have to prove themselves against those competition from DIS and AAPL first.
     
  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,705
    Likes Received:
    2,357
    ISRG and TEAM report today.
    ISRG could be a surprise to the downside.

    I'll watch which way WDFC chooses to go after their report. This year has just been one long consolidation after last year's incredible run.
     
    stock1234 likes this.
  18. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,705
    Likes Received:
    2,357
    Yeah, and NFLX is still way off its ATH.
    In a few years there will be consolidation. But right now, everyone wants to start their own streaming service and try to hold on to their past profits. Eventually CBS All Access will see that it's better to put their content on a site where there's eyeballs.
     
    T0rm3nted likes this.
  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

    Joined:
    Apr 3, 2016
    Messages:
    3,705
    Likes Received:
    2,357
    Good reports by TEAM and ISRG.
    TEAM struggling in AH, trying to bounce off 200 sma tomorrow.
     
  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

    Joined:
    Apr 3, 2016
    Messages:
    4,457
    Likes Received:
    3,255
    T0rm3nted and Three Eyes like this.

Share This Page