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Stock Market Today: October 29th - November 2nd, 2018

Discussion in 'Stock Market Today' started by bigbear0083, Oct 27, 2018.

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Nope.
    Also SBUX neared its ATH, but cannot break it after hours.
     
  2. Steven_Burt

    Steven_Burt Well-Known Member

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    What's the problem with AAPL? China? If these numbers hold it will be ugly tomorrow imo.
     
  3. stock1234

    stock1234 2017 Stock Picking Contest Winner

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  4. bigbear0083

    bigbear0083 Content Manager
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  5. bigbear0083

    bigbear0083 Content Manager
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    Good morning! Running a bit late this AM with the pre-market thread. Better late than not I guess...

    [​IMG] <-- click there to read!

    Hope everyone has a good final trading day of the week today.
     
  6. bigbear0083

    bigbear0083 Content Manager
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  7. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Steven_Burt likes this.
  8. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    While the jobs report was a good news for the economy, it might be kinda bad for the stock market :p Looks like interesting rates are up pretty nicely for the day
     
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  9. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Trump said that we are getting closer on a deal with China, stocks bounced well off the lows
     
  10. Frankenstein

    Frankenstein Active Member

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    My theory continues to inform me that the 2800 test will happen. But I think the buy area is around 2600 to 2650. So, if it collapses to that area, a person could buy for a nice profit at some point. It went to 2754 today. That suggests that indeed that 2800+ level is the goal for the bulls at some point.
     
  11. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Interestingly IWM actually up slightly today despite the lackluster day for the big caps :eek:
     
  12. Steven_Burt

    Steven_Burt Well-Known Member

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    Then Kudlow came out and said that there was no significant movement - ...and back down we go almost 300 DOW pts, then the president tweets that he is having dinner with Chi and we bounce 150 points. LOL regardless of what you think of this kind of manipulation you just have to believe that Elon Musk is scratching his head right now.
     
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  13. Steven_Burt

    Steven_Burt Well-Known Member

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    So , I think this is a very typical bear flag. It is very common for the first bounce to pull back to the ma(9) and the 2nd attempt needs a deeper pull back usually to the ma(20). I think 2692 is in the works and a fail there goes almost straight to 2582.

    spxx.png
     
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  14. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    I know lol, headlines were out of control for the past 24 hours
     
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  15. stock1234

    stock1234 2017 Stock Picking Contest Winner

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    Have a good weekend guy. Midterm next week, we might see some pretty big move on Wednesday :D
     
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  16. bigbear0083

    bigbear0083 Content Manager
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    You too @stock1234 ;)

    Thank you and everyone else for all the great contributions to this thread this week!

    Also great seeing @Steven_Burt back :D
     
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