1. U.S. Futures


Stock Market Daily Discussion Thread for August 7th - 11th

Discussion in 'Stock Market Today' started by bigbear0083, Aug 4, 2017.

  1. Steven

    Steven Active Member

    Joined:
    Jul 26, 2017
    Messages:
    154
    Likes Received:
    89
    CY you should look into TC2000, I got tired of TOS always messing me up and switched. I love it and I'll never go back to TOS. There is a bit of a learning curve, but I really love it.
     
    bigbear0083 likes this.
  2. tbw875

    tbw875 Active Member

    Joined:
    Jul 14, 2017
    Messages:
    115
    Likes Received:
    41
    Happy 10 year anniversary of the start of the 2008 financial crisis! Fitting that our candles are red...
     
    Timbo likes this.
  3. Timbo

    Timbo Active Member

    Joined:
    Jul 14, 2017
    Messages:
    155
    Likes Received:
    63
    DOW 31,000. baby, strap in and hang on..
     
  4. bigbear0083

    bigbear0083 Administrator
    Staff Member

    Joined:
    Jul 14, 2017
    Messages:
    21,587
    Likes Received:
    4,280
    thx steve! i've been with tos forever ... i hate that they update the platform every week it seems ... and every time they do it messes things up ... kind of ridiculous ... but i will look into that tc2000 perhaps over this weekend...good to know! :)

    meanwhile, markets rolling over again ... looking to test the lod heading into the final hour?
     
  5. stock1234

    stock1234 Well-Known Member

    Joined:
    Jul 14, 2017
    Messages:
    2,643
    Likes Received:
    2,351
    Will see if the SPX will manage to close green :p
     
  6. bigbear0083

    bigbear0083 Administrator
    Staff Member

    Joined:
    Jul 14, 2017
    Messages:
    21,587
    Likes Received:
    4,280
    nooooo! :p going to be a close call on that daily market poll! need a red close here to break the all time daily win streak. :D
     
  7. stock1234

    stock1234 Well-Known Member

    Joined:
    Jul 14, 2017
    Messages:
    2,643
    Likes Received:
    2,351
    Seems like you got the record Cy, Congrats :D
     
    bigbear0083 likes this.
  8. bigbear0083

    bigbear0083 Administrator
    Staff Member

    Joined:
    Jul 14, 2017
    Messages:
    21,587
    Likes Received:
    4,280
  9. Steven

    Steven Active Member

    Joined:
    Jul 26, 2017
    Messages:
    154
    Likes Received:
    89
    Hmm, this sell off seems a bit stronger than anything recent. I'm watching these levels. If the ma(50) goes we might get a decent pull back. 10%, 15% maybe/... please?...

    spy.png
     
    stock1234 and bigbear0083 like this.
  10. Steven

    Steven Active Member

    Joined:
    Jul 26, 2017
    Messages:
    154
    Likes Received:
    89
    If the markets start to bounce keep an eye on ONCE. holding up and has some accumulation buying today.
     
    bigbear0083 likes this.
  11. stock1234

    stock1234 Well-Known Member

    Joined:
    Jul 14, 2017
    Messages:
    2,643
    Likes Received:
    2,351
    First decent red day in awhile :eek: :D
     
  12. tbw875

    tbw875 Active Member

    Joined:
    Jul 14, 2017
    Messages:
    115
    Likes Received:
    41
    Currently fighting the urge to sell...
     
  13. homosap

    homosap Member

    Joined:
    Jul 14, 2017
    Messages:
    93
    Likes Received:
    19
    I did think we would see some drops in August and September which are pretty poor months. I don't see any reason to panic, Amazon carving up retail sector, Auto's depressed, China debt, but nothing to stop me sleeping. I am wary of the Energy sector and any big names going under and leaving a big pile of debt. Could it happen, not this year I think, hopefully....
     
  14. Timbo

    Timbo Active Member

    Joined:
    Jul 14, 2017
    Messages:
    155
    Likes Received:
    63
    I'm cash, not much as I pulled most out, got a boatload of freebie shares from trading. Kicking back watching the show.
     
  15. bigbear0083

    bigbear0083 Administrator
    Staff Member

    Joined:
    Jul 14, 2017
    Messages:
    21,587
    Likes Received:
    4,280
    the selloff seems pretty orderly (for now) ... nothing too out of the ordinary or dramatic

    i think as long as things don't escalate further with NK this is probably going to end up being yet another garden variety pullback ... we shall see :D
     
  16. stock1234

    stock1234 Well-Known Member

    Joined:
    Jul 14, 2017
    Messages:
    2,643
    Likes Received:
    2,351
    Market hit LOD a moment ago, we will see whether the market will sell into the close :eek:

    Right now I still feel like we won't see a meaningful correction unless we see things escalating in North Korea like @bigbear0083 said :p

    Earnings from NVDA AH today, if it doesn't deliver then I guess we will see further selling for the tech sector tomorrow
     
    bigbear0083 likes this.
  17. bigbear0083

    bigbear0083 Administrator
    Staff Member

    Joined:
    Jul 14, 2017
    Messages:
    21,587
    Likes Received:
    4,280
    wow at that vix spike today! :eek:

    [​IMG]

    that outside reversal day we put in on the SPX is looking more and more ominous ... here was the chart that i had posted up on r/stockmarket on monday-

    [​IMG]

    and here it is after today's action-

    [​IMG]

    did we just put in at least some kind of short-term market top this week? o_O
     
    tbw875 and Steven like this.
  18. Steven

    Steven Active Member

    Joined:
    Jul 26, 2017
    Messages:
    154
    Likes Received:
    89
    DVAX Long on watch today
    SPY has a lot of resistance over head
     
    bigbear0083 likes this.
  19. Steven

    Steven Active Member

    Joined:
    Jul 26, 2017
    Messages:
    154
    Likes Received:
    89
    16.05 is a key level for DVAX imo

    dvax.png
     
    bigbear0083 likes this.
  20. Steven

    Steven Active Member

    Joined:
    Jul 26, 2017
    Messages:
    154
    Likes Received:
    89
    PETS on watch

    pets.png
     
    bigbear0083 likes this.