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Stock Market Today: October 21st - 25th, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Oct 19, 2019.

  1. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Semiconductor stocks TER and LRCX at ATH reporting this week.
     
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  2. bigbear0083

    bigbear0083 Content Manager
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  3. bigbear0083

    bigbear0083 Content Manager
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    market map entering the afternoon session today:

    [​IMG]
     
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  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    BIIB soars today :eek: Still down 11% from where I bought shares. My entry point was terrible :p
     
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  5. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    EFX back to its top ~140. Reports tomorrow afternoon.
    [​IMG]
     
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  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    The IPOs this year and some high valuation tech stocks continue their struggles :eek:
     
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  7. bigbear0083

    bigbear0083 Content Manager
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    Man, the markets' indecision this year has been a little insane.

    I just wrote this on the daily market thread, but looks like the SPX has alternated between green and red for the past 8 closes.

    We're slowly approaching the ATHs once again...but jeebus, this 3K level has been one tough nut to crack.

    Seems like we've been always testing this area just before a FED meeting as well, but ultimately ending up failing.

    I wonder if we'll finally break past this 3K level with some conviction for once...or if we'll fail once again for what seems like an umpteenth time, and just remain in this range bound, or "road to nowhere market" as I like to call it of late. :p
     
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  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Yeah maybe good earnings from MSFT and AMZN later this week could push us to the ATH, those names have big enough market cap to move the market :p
     
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  9. Intern shIp

    Intern shIp New Member

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  10. bigbear0083

    bigbear0083 Content Manager
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  11. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    ALGN reporting today. It, and the newer SDC have been bouncing the last few days.
    [​IMG]
     
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  12. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    This market continues to be directionless :p Pretty bad outlook released by TXN, let’s see if it is an one off or other chips companies are struggling too :eek:
     
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  13. bigbear0083

    bigbear0083 Content Manager
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    Haha, I couldn't agree more there :p

    I missed much of the day's action today, but looks like I didn't really miss all that much :p

    I know I mentioned this yesterday, but I'm personally really flabbergasted by the indecisiveness of this market.

    Just cannot get over that 3K barrier on the cash SPX with any conviction.

    We may have to wait until the FOMC announcement at the end of next week until we might see some kind of a direction. (or not :p)
     
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  14. bigbear0083

    bigbear0083 Content Manager
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  15. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    CYBR has pulled back quite a ways, but the gap from February is still holding right now.
    [​IMG]
     
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  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    CTAS needs to break resistance at 270.
    [​IMG]
     
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  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    The beginning of a gradual but definite waterfall in EFX?
    [​IMG]
     
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  18. T0rm3nted

    T0rm3nted Moderator
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    I was looking at this one. Might take a shot but not sure yet.
     
  19. OldFart

    OldFart Well-Known Member

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    Internet conspiracy going around that Twitters Jack Dorsey is MIA after being seen mumbling and leaving the office several days ago....
     
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  20. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    I sold out of TWTR before the ER, it was below this month's pivot all month and even went below S1 after getting rejected at the 20 sma; plus it was below the 5-week ema. So I had to be wary that it could sell off, but I still wasn't thinking this would happen, -19%.
     
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