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Stock Market Today: September 23rd - 27th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Sep 21, 2019.

  1. bigbear0083

    bigbear0083 Content Manager
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  2. Stoch

    Stoch Active Member

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    Backtesting the lower range of the channel today
     
    #22 Stoch, Sep 24, 2019
    Last edited: Sep 24, 2019
    OldFart likes this.
  3. Frankenstein

    Frankenstein Active Member

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    Back in, baby. Long at SPX 2965
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Another thing, we're entering another buyback blackout period. A lot of buyers will be shut out.
     
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  5. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    T0rm3nted and Frankenstein like this.
  6. T0rm3nted

    T0rm3nted Moderator
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    Almost sold everything this morning knowing that was coming and instead bought some like a dummy.
     
  7. bigbear0083

    bigbear0083 Content Manager
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    lol @ pelosi :rolleyes: ... i'll keep my political views to myself though.

    i know they'll point to that headline for the "reason" for the dip.

    but, i think the market is just following the typical september pattern or at least what it has historically done in the 2nd half of the month...

    these charts ain't my own but just sharing them in here.

    here is a chart plotting the average spx move in sept. over the past 20yrs.

    [​IMG]

    here's an interesting one i found too that highlights how around now is when we are likely to see some pullback action in the market.

    [​IMG]

    maybe worth sharing this in here too, but historically (or at least going back to the 1950s) pre-election years can be pretty volatile and don't seem to bottom out until about thanksgiving time.

    [​IMG]
     
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  8. bigbear0083

    bigbear0083 Content Manager
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    haha, you called it spot on oldie! seeing nice moves in both direction today :p
     
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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  10. bigbear0083

    bigbear0083 Content Manager
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    ^^ so we're pretty much back to pre-pelosi headline? :p
     
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  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    That was a nice call by @OldFart :D
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  13. OldFart

    OldFart Well-Known Member

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    Problem is:
    if they open that "Ukraine bottle", Biden will probably be going to prison as well as his son. Of course, that's what Hillary planned all along.
     
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  14. OldFart

    OldFart Well-Known Member

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  15. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    What a wild day :eek: Volatility could be picking up here after we almost had 2 sessions that the SPX finished almost unchanged for the day :D
     
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  16. bigbear0083

    bigbear0083 Content Manager
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  18. T0rm3nted

    T0rm3nted Moderator
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    He is the king of distraction lol. Take the gains while you can!
     
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  19. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Biotechs in danger of rolling over
    [​IMG]
    [​IMG]
     
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    This sector has really underperformed :eek:
     
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