good morning! here is tuesday's pre-market thread for anyone wanting to get a quick read in before the open- <-- click there to open! hope everyone has a great trading day ahead!
Yes is it tomorrow for the Apple event? Now I can’t even remember the date, I remember the event was used to be so hyped up before, not so anymore
dang i'm usually on top of these things but i guess with this hurricane taking up most of my attention this week i had to actually look it up. yup, you are correct!
Any Fourth Quarter Rally Could Be Underwhelming As of today’s close DJIA is up 5.1% year-to-date, S&P 500 is up 8.0% and NASDAQ is up a solid 15.5%. All three indexes are just a few percentage points below their respective all-time highs. S&P 500 and NASDAQ were at their highs in August while DJIA still has not cleared its January high. Nonetheless, DJIA, S&P 500 and NASDAQ are all well above historical average levels for this time of the year compared to past midterm years. S&P 500 and NASDAQ are also well above respective averages in all years. Comparing “All Years” (solid red line) to “All Midterm” years (solid black line) in the charts above there is a well pronounced fourth quarter rally in both whether the index was positive for the year or not. The rally is present in “Midterm” years beginning right around the start of October and begins slightly later in October in “All” years. However, the magnitude of past fourth quarter rallies in “Midterm” years is notably greater across all three indexes than in “All” years. This pattern would seem to suggest that this year’s solid, above average midterm year gains could lead to a less than spectacular fourth quarter rally.
Banks also down big today after the PPI missing expectations Commodities having a good day on weaker dollar while crude is up on Hurricane Florence
AMD is great even with Bitcoin languishing. WDC/STX getting an oversold bounce. Believe that will happen to MU too soon, runup into earnings next week.
Looks like BILI has a bottom at $11, a couple times now it has hung around that price for a few days; no one selling when it gets that low
MO and PM surging FDA Threatens to Pull E-Cigarettes to Fight the Rise of Youth Vaping https://finance.yahoo.com/news/fda-threatens-pull-e-cigarettes-132729479.html
Not planning to, but I never do plan...just let my old phone go until it can't go no more, or a deal comes up. Such as I recently got the 8, because someone in my family needed a new one and there was a BOGO deal. My old phone, the 5, is still good so I got it going on WiFi. Now I can browse multiple windows on mobile
good morning! running a bit late here... <-- click there to open! have a great trading day ahead to all!
