Stock Market Today: September 19th - 23rd

Discussion in 'Stock Market Today' started by Stockaholic, Sep 16, 2016.

  1. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    imgur gives you multiple links, one is the link to the page the image is on, which is probably what your using. what i do is just right click the image and hit copy image address, and then use that here.
     
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  2. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Don't mean to butt in here but for me it is easier to do a partial screen shot and copy and paste on this website that is set up for it

    upload_2016-9-20_10-30-2.png
     

    Attached Files:

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  3. Stockaholic

    Stockaholic Content Manager

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    whelp ... tomorrow is indeed decision day! will they or won't they (meaning the fed)? that is the question...

    for those of you who either missed our fed poll or never got a chance to vote on it, we actually have a "will the fed hike rates at this upcoming meeting" thread poll open here:
    that'll be closing right up to the actual announcement tomorrow ... but as of now it looks as though Stockaholics is leaning largely in favor of a "no hike" for tomorrow! interesting

    we shall see! stay tuned :)
     
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Could be a fun night for the futures tonight, I think the BOJ will announce its decision tonight before the FED announcement tomorrow afternoon
     
  5. MaximusAnalysis

    MaximusAnalysis Active Member

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    Today's Market Thoughts

     
  6. Value543

    Value543 Well-Known Member

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    Another rejection of the 20 DMA today, but a stop @ the 50 DMA. Overall, the day looked pretty weak, with intraday MAs acting more as resistance on the Hourly & 10 min charts. Things are not boding well for the 50 DMA, IMHO...
     
  7. Andrew Duff

    Andrew Duff New Member

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    Thanks for such a useful information.

    For more information related to stocks I want to share :
    In the top 20 Indian Stocks ranked by dividend yield, we have iron ore miner NMDC at the top of the table followed by Coal India which by the way also ranks at number 3
     
  8. Stockaholic

    Stockaholic Content Manager

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    Good morning Stockaholics! Welcome to Fed Decision Day! :)

    Good morning Stockaholics! Happy FED Wednesday! :)


    [​IMG]

    Frontrunning: September 21
    • Bank of Japan's policy reset muddies markets' risk mood (Reuters)
    • BOJ overhauls policy focus, sets target for government bond yields (Reuters)
    • BOJ Shifts Policy Framework to Targeting Japan’s Yield Curve (BBG)
    • Fed Focus Turns to Dots as Hike Odds Fade: Decision-Day Guide (BBG)
    • Oil jumps after surprise drop in U.S. crude inventories (Reuters)
    • Hedge funders pony up for Hillary Clinton super-PAC (The Hill)
    • Bill Clinton’s Speaking Fee Overlaps With Foundation Business (WSJ)
    • AC Milan’s Chinese Buyer Said to Show False Bank Letter in Talks (BBG)
    • Top Earners Back Clinton in Bloomberg Poll After Decades With GOP (BBG)
    • Why Canadians Are Being Offered Cash to Abandon Their Homes (BBG)
    • U.S. Charges N.Y. Bombing Suspect, Cites Views in His Notebook (WSJ)
    • VW Sued for a Record $9.2 Billion in German Investor Lawsuits (BBG)
    • Protest erupts after police kill black man in North Carolina (Reuters)
    • Saudi Arabia’s Clout in Washington Isn’t What It Used to Be (BBG)
    • Wealthy Kids Save More for College, Thanks to the IRS (BBG)
    • OECD Sees Globalization Stalling as Weak Trade Hurts Economy (BBG)

    STOCK FUTURES NOW:
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    FRIDAY'S MARKET MAP:
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    TODAY'S ECONOMIC CALENDAR:
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    MOST ACTIVE TRENDING PRE-MARKET DISCUSSIONS (SYMBOLS ARE CLICKABLE!):



    TODAY'S EARNINGS CALENDAR:
    [​IMG]


    THIS MORNING'S PRE-MARKET NEWS MOVERS: GIS, DGX, WFC, RAI, SKX, MSFT, AAPL, KBH

    source: cnbc.com

    General Mills — The food producer earned an adjusted 78 cents per share for its fiscal first quarter, three cents a share above estimates. Revenue was essentially in line, however the company said its sales performance didn't meet its own expectations, owing to a challenging macroeconomic environment and other factors.

    [​IMG]

    Quest Diagnostics — The medical lab operator unveiled a new antibody test service that helps medical professionals diagnose infection by the Zika virus. Quest is using a test developed by the Centers for Disease Control and Prevention.

    [​IMG]

    Wells Fargo — JPMorgan Chase downgraded the bank to "neutral" from "overweight," saying that scrutiny of Wells Fargo is likely to ramp up after this week's Senate hearings into fraudulent sales practices.

    [​IMG]

    Reynolds American — Jefferies began coverage on the tobacco producer with a "buy" rating, pointing to factors like cost savings and continuing development of vapor-based products.

    [​IMG]

    Boston Beer — William Blair initiated coverage on the beer brewer with an "outperform" rating, due to its presence in the fast-growing craft beer segment.

    [​IMG]

    Skechers — Morgan Stanley downgraded the footwear maker to "equal-weight" from "overweight," saying consumer tastes in athletic footwear are shifting towards more fashionable offerings and that an adjustment by Skechers in its offerings is leading to slower sales growth.

    [​IMG]

    Microsoft — The software giant announced a dividend hike and a $40 billion stock buyback program. Microsoft raised its dividend to 39 cents per share from the prior 36 cents a share.

    [​IMG]

    FedEx — FedEx reported adjusted quarterly profit of $2.90 per share, nine cents a share above estimates. Revenue was slightly ahead of forecasts for the delivery services company. FedEx also raised its full-year guidance on better-than-expected performance in all its units, following the $4.8 billion purchase of Europe's TNT Express in May.

    [​IMG]

    Adobe Systems — Adobe came in three cents a share ahead of estimates, with adjusted quarterly profit of 75 cents per share. The software producer's revenue essentially in line. Adobe did give upbeat current-quarter guidance, as its Creative Cloud software package adds more subscribers.

    [​IMG]

    KB Home — KB Home earned 42 cents per share for its latest quarter, three cents a share above estimates. The home builder's revenue was shy of forecasts. KB Home did see a 16 percent increase in net orders, and an 11 percent rise in deliveries compared to a year earlier.

    [​IMG]

    Nu Skin Enterprises — Nu Skin reached a nearly $766,000 settlement with the Securities and Exchange Commission over the health care products company's operations in China and the nature of a 2013 charitable contribution. Nu Skin did not admit or deny guilt as part of the settlement.

    [​IMG]

    Cooper Companies — Cooper will replace Starwood Hotels in the S&P 500 after the close of trading Thursday, when Marriott's acquisition of Starwood is expected to be completed. The medical device maker will be replaced in the S&P MidCap 400 by electricity and natural gas providerNorthwestern Corp.

    [​IMG]

    Apple — Apple's iPhone 7 is more expensive to produce than its predecessors, according to a teardown performed by IHS Markit. The teardown indicates that the iPhone 7 costs nearly $225 to produce, about $37 more than the iPhone 6S.

    [​IMG]

    Tesla — The automaker rolled out a security patch for its cars after China-based researchers said they uncovered vulnerabilities that allowed a remote attack on a Tesla Model S sedan.

    [​IMG]

    T-Mobile US — The wireless carrier could become a takeover target of NBCUniversal and CNBC parent Comcast, according to The Wall Street Journal's "Heard On The Street" column. The paper said such a move could be part of Comcast's plans to launch a wireless service by mid-2017.

    [​IMG]

    Good trading day to everyone in here on this Wednesday! ;)
     
  9. MaximusAnalysis

    MaximusAnalysis Active Member

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  10. MaximusAnalysis

    MaximusAnalysis Active Member

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  11. Stockaholic

    Stockaholic Content Manager

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    nice max!! giving us the "visual" on your morning levels now! great stuff :)

    @MaximusAnalysis
     
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  12. Ken34

    Ken34 2017 Stock Picking Contest Winner

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    i wonder why gold is having the reaction it is having after the BOJ?
     
  13. Tiptopptrader

    Tiptopptrader Well-Known Member

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  14. MaximusAnalysis

    MaximusAnalysis Active Member

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    9 21 2016 GC Morning Levels.JPG
     
  15. StockJock-e

    StockJock-e Brew Master
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    So we all agree, no action by Fed today?
     
  16. Tiptopptrader

    Tiptopptrader Well-Known Member

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    Hawkish outlook appears to be the consensus from the analysts...That would work for me
     
  17. MaximusAnalysis

    MaximusAnalysis Active Member

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    I am not sure what is baked in or not. We shall see intraday fireworks but not sure if this is a distraction or not. Europe has some issues showing here.
     
  18. LloydWCoutee

    LloydWCoutee Active Member

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    Hope nobody panic sold this morning. This is why steel testicles are mandatory while riding ER news.
     
  19. MaximusAnalysis

    MaximusAnalysis Active Member

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  20. MaximusAnalysis

    MaximusAnalysis Active Member

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    Watching to see if we break below this 44.77

    British pound still looking sick

    Again doing nothing till way after 2pm
     

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