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Stock Market Today: October 19th - 23rd, 2020

Discussion in 'Stock Market Today' started by bigbear0083, Oct 16, 2020.

  1. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Small caps easily outperform big caps today :eek:
     
  2. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Nice day for those stocks again :eek: Sold GRWG for profits, might get back in if it pulls back :D
     
  3. AverageJoesTrades

    AverageJoesTrades Well-Known Member

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    SPY looks to have broken out of a falling wedge on the 2h chart and looks almost like a cup and handle on the daily. Watching for a breakout to the upside here
     
  4. T0rm3nted

    T0rm3nted Moderator
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  5. Frankenstein

    Frankenstein Active Member

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    I'm interested in entering long at non above SPX 3410
     
  6. Frankenstein

    Frankenstein Active Member

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    The SPX, however, is not acting right. It should be like above 3500 by now and even testing the all time high
     
  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    With no stimulus deal and the election coming soon, I guess the upside for this market is rather limited. The market could begin to move higher though if we get a clear winner for the election and the election won’t be contested
     
    anotherdevilsadvocate likes this.
  8. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    imo that won't happen.
    I'm looking for puts for the first couple weeks of November.
     
  9. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Looking at DAVA and FTCH, a couple of UK stocks.
    Will take a look at Chinese stocks; already in GDS.
     
    stock1234 likes this.
  10. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Alright SPXS 6c are cheap enough. Nice to find low-priced ETFs, they have nominally cheap options.
     
    stock1234 likes this.
  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    RIOT has been hot lately, a bitcoin play :eek:
     
  12. bigbear0083

    bigbear0083 Content Manager
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    all good here! thank you so much for asking @stock1234 really greatly appreciate that, you rock :thumbsup:

    if i'm being wholeheartedly honest with you, i've lost quite a bit of interest in the markets, really ever since the covid bounce.

    this might be the least amount of interest that i have had for the market since i first start getting interested in investing/trading way back in 2003.

    i can't really pin point exactly what it is, it's a mix of everything going on really.

    i do feel though the amount of manipulation in the market (which i genuinely feel is at an unprecedented level right now) has had something to do with it too. that isn't to say that there aren't good trade opportunities, etc.

    perhaps, if/when the powers that be actually allow the market to function normally (i know, wishful thinking right!), it will be interesting again for me...until then, it's pretty much a no-go.

    i still try to catch some of the action every now and then. but, admittedly the market is just not at an interesting level here.

    just my 2c.

    hope you have been doing great @stock1234! it has been a while. :D
     
  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Big pullback by SNOW today :eek: I am still up around 17% for my position. :D
     
  14. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Good to hear you are doing well Cy :) I am doing ok, having some dental issues and had to pull out a couple of wisdom teeth lately though o_O
     
    bigbear0083 likes this.

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