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Stock Market Today: October 14th - 18th, 2019

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

  1. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    stock1234 likes this.
  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah it will be interesting to see whether they will charge a small fee or commission for fractional shares to make up the revenue that they lost for offering free commission for those trading full shares
     
  3. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    If there's no restriction then just anyone can get some BRK.A
    Then....will there be any reason stocks like AMZN shouldn't be normalized in price to say $50/share?
     
    T0rm3nted likes this.
  4. bigbear0083

    bigbear0083 Content Manager
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  5. T0rm3nted

    T0rm3nted Moderator
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    I hope the brokers keep having a brokerage war. Helps us little guys out. Maybe they'll start paying us to trade!
     
    stock1234 likes this.
  6. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    Interesting thought. Except...I was thinking the exact opposite. If fractional shares became the norm, there would be less incentive to split share price again, except perhaps to bring option prices back to earth for some of these higher-priced equities.

    Although, speaking of high-priced options, that raises another intriguing innovation: fractional options!
     
    stock1234 likes this.
  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A pretty red day. Seeing popular names like NFLX, BA, and JNJ having a pretty bad day. People might be a little cautious too ahead of the Brexit vote this weekend
     
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    AAPL and JPM continue to do well, the largest tech company and the largest bank. The various suppliers to AAPL doing well too.
    BA could weigh the Dow down.
    I think this is bullish. I feel like it has been tough to get momentum going because every stock has been moving together. Everything reaches overbought together, the contrarians come in, and if everything keeps moving together then everything reaches oversold together. Then the contrarians come in...
    Nothing is really leading or lagging.

    The thing is that the Dow is price-weighted, so a -1% move by BA will be just balanced by a +1% move by AAPL and +1% by JPM. Today BA taking a large hit.
     

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