1. U.S. Futures


Stock Market Daily Discussion Thread for July 24th - 28th

Discussion in 'Stock Market Today' started by bigbear0083, Jul 21, 2017.

  1. Steven

    Steven Active Member

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    Chasing Cy around the web lol. Site looks good guys.
     
  2. Timbo

    Timbo Active Member

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    CY has done a great job, site is still new but I can see it becoming a frontrunner.
     
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  3. tbw875

    tbw875 Active Member

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    Welcome back @Steven!

    AMZN looking a little overbought going into ER. Thoughts?
     
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  4. bigbear0083

    bigbear0083 Administrator
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    sup @Steven! :D

    fed announcement due out in a few minutes ... should be largely a muted reaction here
     
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  5. bigbear0083

    bigbear0083 Administrator
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    vix with a new ATL just spiked down to 8.84 :eek:
     
  6. tbw875

    tbw875 Active Member

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    @bigbear0083 with the vix this low....should we expect flat markets more often? Still learning the vix's
     
  7. stock1234

    stock1234 Well-Known Member

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    Wow at the VIX :eek:
     
  8. rStock

    rStock Member

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    Gold takes off...
     
  9. bigbear0083

    bigbear0083 Administrator
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    gosh i hope not more flat days @tbw875 ... honestly, i don't know if the vix is quite as meaningful as it once was when i first started trading ... still it is quite startling to see such an incredibly low reading when we have hot spots around the world which can easily flare up at any given time ... posted this chart on the vix thread but figure to cross-post it in here as well ... perhaps we are getting ready for some kind of bounce off of this weekly support TL soon? o_O

    [​IMG]
     
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  10. Timbo

    Timbo Active Member

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    Read a lot about that subject. Has the VIX become obsolete?? No, but considering we are in unchartered territory it don't seem to be as widely reliable as it once was.
     
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  11. bigbear0083

    bigbear0083 Administrator
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    yeah looks to me like gold's move here is largely related to dollar weakness

    here is a comparison chart i whipped up showing you gold vs. the dollar over the past year ... almost 100% inverse

    [​IMG]

    interestingly gold is not really anywhere near its recent highs while the dollar is making fresh lows ... gold not nearly as strong on this bounce higher o_O

    [​IMG]
    [​IMG]
     
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  12. Jrich

    Jrich Active Member

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    As somewhat of an experiment, a few weeks ago i restructured all my watchlists around the SPDR ETF's..... Feels like it gives me a better birds eye on the market

    All the lists are in order of RSI, the main list is the main sectors, and i have "sub-lists" of the top holdings in each..... Im also trying to keep track of the top sectors via 3 month % charts, with SPX overlay

    If its helpful for y'all, ill post em up here occasionally

    Winner/ Loser right now

    Tech (XLK) almost has Healthcare (XLV) edged out on the 3 month chart (XLV 6 1/2% and dropping)

    And no surprise, Energy (XLE) still at the bottom... but maybe not for long, crude is flirting with $50 again ($47 somthin last i checked)

    Honorable mention:
    Looking in real estate for a long... and id be bold enough to find a short in healthcare

    Screenshot_20170726-231958.png Screenshot_20170726-232028.png


    Screenshot_20170726-231659.png
     
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  13. Jrich

    Jrich Active Member

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    Also kinda surprised by the Industrials... i had it pegged for a leader... but it had a rough week dispite the moves by CAT and BA

    Screenshot_20170726-234059.png Screenshot_20170726-234226.png
     
  14. bigbear0083

    bigbear0083 Administrator
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    Morning guys!

    Thursday's Market Movers thread is now up-
    [​IMG]
    Hope everyone has a good trading day ahead today!
     
  15. tbw875

    tbw875 Active Member

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    Well, Bezos is the richest man in the world now.

    Or is he? That NASDAQ selloff seemed to be fully backed by AMZN. Large red candles abound.
     
  16. rStock

    rStock Member

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    Oh yeah ... VIX ready to takeoff
     
  17. Jrich

    Jrich Active Member

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    I saw that today and laughed

    The richest people in the world are nowhere to be found on Forbes..... because no one even knows how much wealth they have
     
  18. stock1234

    stock1234 Well-Known Member

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    Wow tech rolling over again :eek:
     
  19. bigbear0083

    bigbear0083 Administrator
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    cross-posting from the earnings thread ... gonna be a busy one after the close today!

    [​IMG]
     
  20. Jrich

    Jrich Active Member

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    Scary lookin day!

    BTFD tomorrow?