Stock Market Discussion -- started 03/06/2018 -- updated daily !!!

[grease lightnin]

Prices have barely changed on a low volume day. Dow +200. Oil is UNCH.

With the big drop and the big rally I would say the last two sessions have made progress for the bulls. The volatility is subsiding. Pump is primed for Jan.

Happy New Year! May all your investments be stellar performers!

Likewise my friend. Hoping for this rally to continue

[MinnesotaFats]

We ready to go over the cliff today?

Gonna be bumpy

[RoyBacon]

We ready to go over the cliff today?

Gonna be bumpy

Interesting day. Bonds VERY strong.

Sidelined cash is flowing back into a number of classes including stocks. Oil adding $1.15 is a nice, calming backdrop.

[KVB]

I like this market, many signals are strong. Don't be fooled.

Here are the Top 20 decliners with last trade over 5 and avg 5 day trading vol over 250000...

Symbol	Last Trade	Change	% Change	Description
TSLA	311.21	-21.59	-6.49	TESLA INC
NTGR	33.07	-18.96	-36.44	NETGEAR INC
ABMD	311.68	-13.36	-4.11	ABIOMED INC
ISRG	466.30	-12.62	-2.64	INTUITIVE SURGICAL INC
ESS	237.71	-7.50	-3.06	ESSEX PROPERTY TRUST
ANTM	255.36	-7.27	-2.77	ANTHEM INC
NTES	228.65	-6.72	-2.86	NETEASE INC
TFX	251.86	-6.62	-2.56	TELEFLEX INC
PODD	72.88	-6.43	-8.11	INSULET CORP
PSA	196.24	-6.17	-3.05	PUBLIC STORAGE
HUM	280.83	-5.65	-1.97	HUMANA INC
BDX	219.90	-5.42	-2.41	BECTON DICKINSON & CO
IHI	194.54	-5.27	-2.64	ISHARES US MEDICAL DEVICE
ILMN	294.67	-5.26	-1.75	ILLUMINA INC
ALGN	204.21	-5.22	-2.49	ALIGN TECHNOLOGY INC
MDB	78.67	-5.07	-6.05	MONGODB INC
DXCM	114.74	-5.06	-4.22	DEXCOM INC
SAGE	90.76	-5.03	-5.25	SAGE THERAPEUTICS INC
UNH	244.10	-5.02	-2.02	UNITEDHEALTH GROUP INC
TNDM	33.09	-4.88	-12.85	TANDEM DIABETES CARE INC

[KVB]

I've been zeroing in on BAC, buying on the way down and at the "bottom".

Seems like a solid position between 24 and 25 a share.

[RoyBacon]

Lot of good names on your decliners list. Not sure I understand why the high quality property trusts are getting hammered on a day when bonds are so strong?

[KVB]

Lot of good names on your decliners list. Not sure I understand why the high quality property trusts are getting hammered on a day when bonds are so strong?

MORT and STWD just hanging there, I think it's good.

I think it's near a consolidation time and it's time to weed out stocks that might under perform in their sectors over the next year.

I think PSA is one of those stocks. Schwab has them rated D Underperform, which is a metric I described above. At one point, those guys will get a better dvd yield with a lower stock price, at that point it, and ones like it, could be bargains.

It's not the biggest factor involved, but it could possibly highlight some of the manipulation we see and reasons for some big movement.

[kyhawk]

FWIW...The TOS system is free at trade america. You even trade the etf's for 10 bucks...like the dia and or qqq's

[RoyBacon]

MORT and STWD just hanging there, I think it's good.

I think it's near a consolidation time and it's time to weed out stocks that might under perform in their sectors over the next year.

I think PSA is one of those stocks. Schwab has them rated D Underperform, which is a metric I described above. At one point, those guys will get a better dvd yield with a lower stock price, at that point it, and ones like it, could be bargains.

It's not the biggest factor involved, but it could possibly highlight some of the manipulation we see and reasons for some big movement.

All good points, very good.

I don't own PSA. I thought it's valuation was stretched but that was 100 points ago. It's been a great performer.

I'm a little worried about STWD but not selling. Sold a few covered calls. They bought GE's oil patch financing arm in the fall and we will get our first look to how that fits in on Feb 6. But since buying them oil has lost 1/3 of it's value and that major acquisition ($2.5 billion as I recall) could be a little questionable.

[RoyBacon]

Tax free bonds are moving higher probably because Dems will do everything to raise top rates. Even trade a wall.

IQI
MYI
VGM

Pay over 5% tax free and have a lot of room to move higher for those looking for a safe trade.

All three of these up today. More in the tank.

[KVB]

Top tax rate will eventually have to move higher, but it won't be until 2021 at least. So your theory is silly.

Maybe Trump tanked the market on purpose. I'm sure some of his rich friends are making a killing.

Sigh.

Roy called the trade, for now at least.

Doesn't seem so silly to me.

[KVB]

All three of these up today. More in the tank.

Nice call Roy.

[ChuckyTheGoat]

Good info, Bacon.

Doesn't feel good to get destroyed, -2% on a given day.

[KVB]

I can't believe CELG, been buying just out of the money calls every month since selling before the dropoff.

This month I decided no to buy them, not yet anyway.

Bristol-Meyers announces what could be the biggest pharma deal in history.

Motherfukker!!!!

[19th Hole]

Apple's plunge has cost Warren Buffett nearly $4 billion today
Jan 3 4:04pm:Warren Buffett's devotion to Apple is taking a toll on his portfolio. The Oracle of Omaha lost almost $4 billion after Apple's sales warning

[KVB]

Apple's plunge has cost Warren Buffett nearly $4 billion today
Jan 3 4:04pm:Warren Buffett's devotion to Apple is taking a toll on his portfolio. The Oracle of Omaha lost almost $4 billion after Apple's sales warning

Buffet should be happy.

When he was acquiring the stock he actually was hoping it would get cheaper, so he could buy more.



I wonder if he's going to buy more.

[brooks85]

a lot of people are saying this is real

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">Can&#39;t speak to the authenticity of this video or device, but it&#39;s allegedly made by Xiaomi, I&#39;m told. Hot new phone, or gadget porn deepfake? <a href="https://t.co/qwFogWiE2F">pic.twitter.com/qwFogWiE2F</a></p>&mdash; Evan Blass (@evleaks) <a href="https://twitter.com/evleaks/status/1080870489990590464?ref_src=twsrc%5Etfw" >January 3, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>




I don't know but sure looks real. Great job if it's a fake.

[RoyBacon]

Bit of a dead cat bounce under way.

This is that 2 week period before the qtrly reports start coming out.

LY we were 4 days into tax reform and bonds were heading south, stocks north. We have the exact opposite this year. It will not hold form for long.

[homie1975]

Bit of a dead cat bounce under way.

This is that 2 week period before the qtrly reports start coming out.

LY we were 4 days into tax reform and bonds were heading south, stocks north. We have the exact opposite this year. It will not hold form for long.

Royer
this bounce has to be mainly due to the Jobs Report crushing the number, No?

[RoyBacon]

Homie it threw gas on the fire. Stocks were up since the close and all night, Chinese stocks, ect.

No one in America is happier than the Fed Chair. The fuggin Roy Bacon's of the world have criticized him mercilessly. I feel like I'm watching "The Chair Strikes Back".

[brooks85]

only a matter of time before Xi folds just like everyone else who goes against trump.


Only thing that could stop us once Xi folds is d2 opening his mouth again like when he called for a christmas rally... then we got the worst week in years. Thanks mush.

[homie1975]

only a matter of time before Xi folds just like everyone else who goes against trump.


Only thing that could stop us once Xi folds is d2 opening his mouth again like when he called for a christmas rally... then we got the worst week in years. Thanks mush.

the fold would have come mid last year in my opinion when we were in a stronger position. yes, china is slowing but i think they know the rest of the world is too. i think we still have a fight with china for a while before either side moves far enough to get the deal done. trump is fully aware of what the tariff nerves do to his beloved stock market.

[KVB]

Homie it threw gas on the fire. Stocks were up since the close and all night, Chinese stocks, ect.

No one in America is happier than the Fed Chair. The fuggin Roy Bacon's of the world have criticized him mercilessly. I feel like I'm watching "The Chair Strikes Back".

I remember bitching around the office before the last hike when the Fed was talking about messing with rates to show autonomy from the White House, which was talking shit.

I was bitching thinking that type of discussion is nuts, should be data driven.

Now I'm wondering if the Fed fukked with rates around the midterms, for election purposes.

Most certainly can't rule it out and given what we know about the Fed, maybe there's an unseen problem with Trump. The kind of problem that just won't get seen.

Hmm.

[KVB]

Here's the top 20 Decliners with the last trade over $5 and avg 5 day volume over 250,000...

Shorts taking the hit...

Symbol	Last Trade	Change	% Change	Description
DGAZ	112.14	-14.16	-11.21
TVIX	62.68	-10.13	-13.91
UVXY	74.48	-8.82	-10.59	PROSHARES ULT VIX ST FUTU
AZO	837.78	-7.80	-0.92	AUTOZONE INC
LABD	37.20	-6.61	-15.09	DIREXION DLY S&P BIOTEC B
ERY	56.77	-5.89	-9.40	DIREXION DAILY ENER BEAR
ORLY	341.43	-4.70	-1.36	O'REILLY AUTOMOTIVE INC
SPXU	45.15	-4.65	-9.34	PROSHARES ULTRAPRO SHT SP
SRTY	36.65	-4.45	-10.83	PROSHARES ULTRAPROSHR RU2
QID	46.02	-4.31	-8.56	PROSHARES ULTRASHORT QQQ
TECS	27.85	-4.02	-12.61	DIREXION DAILY TECH BEAR
DECK	121.97	-3.84	-3.05	DECKERS OUTDOOR CORP
VXX	44.31	-3.40	-7.13	IPATH S&P 500 VIX S-TERM
ESPR	41.07	-3.38	-7.60	ESPERION THERAPEUTICS INC
VXXB	44.27	-3.37	-7.07
AAP	159.61	-3.24	-1.99	ADVANCE AUTO PARTS INC
SPXS	29.91	-3.20	-9.67	DIREXION DAILY SP500 BEAR
SDS	42.09	-2.90	-6.44	PROSHARES ULTRASHORT S&P5
VIXY	36.44	-2.78	-7.09	PROSHARES VIX ST-TERM FUT
OILD	41.79	-2.65	-5.96	PROSHARES TRUST II

[brooks85]

the fold would have come mid last year in my opinion when we were in a stronger position. yes, china is slowing but i think they know the rest of the world is too. i think we still have a fight with china for a while before either side moves far enough to get the deal done. trump is fully aware of what the tariff nerves do to his beloved stock market.

mid-year definitely could be but my gut is much sooner. Six more months of this would be terrible for Xi and China.

And with trump coming up on re-election he needs this behind him so really is pressure mounting for both sides.

Before it seemed like trump didn't have much of a chance because Xi was a lifer but now I'm thinking a deal gets done soon, by end of March and their 90 day claim.

imo trump should have went after china in his second term but guy is bold and a winner.

[Sanity Check]

Stock market is a tough call. Was it a coincidence robot kiosks were rolled out en masse when Trump took office in an attempt to kill his job and economic numbers? Look @ the shady fed mysteriously attempting to raise rates to make Trump's economy look bad. Then you have harley davidson, general motors and others moving operations to china to kill whatever positives Trump's tariff hikes might have had. On top of that CEO's and executives are dumping record amounts of stock holdings to kill DOW averages.

I feel like there's a lot to consider that is being neglected atm.

[RoyBacon]

Buyers

Asian markets joining the hunt higher. PS - Japan up 3.3%
Oil up another half dollar and back to spitting distance of $50.
US overnight stocks adding 125.
Gold new recent high and up another $5
Bonds down but not much

Just a lot of seasonal buyers, buying pretty much everything.

[HockeyRocks]

stock market is a tough call. Was it a coincidence robot kiosks were rolled out en masse when trump took office in an attempt to kill his job and economic numbers? Look @ the shady fed mysteriously attempting to raise rates to make trump's economy look bad. Then you have harley davidson, general motors and others moving operations to china to kill whatever positives trump's tariff hikes might have had. On top of that ceo's and executives are dumping record amounts of stock holdings to kill dow averages.

I feel like there's a lot to consider that is being neglected atm.

paranoia will destroya...just like douchebag don, your blaming everyone except doucbebag..lmfao...

[jjgold]

Stock market go up and down and they’re impossible to predict that’s why you just hold

[RoyBacon]

Hockey, keep your retarded TDS stuff in the TDS forum(political). Thanks pal.

[HockeyRocks]

Hockey, keep your retarded TDS stuff in the TDS forum(political). Thanks pal.

Chump, take your Communist way of thinking and stick it...

[Big Bear]

Great thread Idea lets all learn something here

[RoyBacon]

Buyers

Asian markets joining the hunt higher. PS - Japan up 3.3%
Oil up another half dollar and back to spitting distance of $50.
US overnight stocks adding 125.
Gold new recent high and up another $5
Bonds down but not much

Just a lot of seasonal buyers, buying pretty much everything.

A weak manufacturing report and weak results in Europe took the luster off the open. But buyers just couldn't hold back. Bonds too have strengthened.

All of the major sectors are higher from energy to technology. Buyers and more buyers.

[KVB]

Stock market go up and down and they’re impossible to predict that’s why you just hold

That's good for some people and long term funds, but some of us like to keep what we make in the market with trading dollars.

It's not impossible to predict to a level to make profit. It was done in this thread and another.

You were told, I remember.

It's not what you make in the stock market, it's what you keep that counts.

But speaking of things being held through the storm, LNG and CQP looking strong, getting good ratings and outlook.

Speaking of things to trade, bought BAC at the near bottom and sold Jan 25th calls at 26.

They can take my stock if they want, if it doesn't get called, I'll pocket the cash.

Here are the top 20 Decliners so far today with last trade over 5 and avg 5 day trading volume over 250,000...

Symbol	Last Trade	Change	% Change	Description
AZO	821.64	-13.99	-1.67	AUTOZONE INC
SRPT	106.53	-8.90	-7.71	SAREPTA THERAPEUTICS INC
MED	124.54	-6.55	-5.00	MEDIFAST INC
LABD	30.58	-6.13	-16.69	DIREXION DLY S&P BIOTEC B
MDT	82.54	-5.59	-6.34	MEDTRONIC PLC
PCG	19.12	-5.28	-21.66	PG&E CORP
AXGN	16.22	-5.09	-23.89	AXOGEN INC
LW	70.56	-5.02	-6.64	LAMB WESTON HOLDINGS INC
LJPC	5.5801	-4.9399	-46.96	LA JOLLA PHARMACEUTICAL C
GOOGL	1,073.27	-4.80	-0.45	ALPHABET INC
GOOG	1,065.97	-4.74	-0.44	ALPHABET INC
ALLK	43.20	-4.06	-8.59	ALLAKOS INC
COLL	14.77	-3.95	-21.10	COLLEGIUM PHARMACEUTICAL
NUVA	46.19	-3.86	-7.72	NUVASIVE INC
HQY	54.62	-3.38	-5.84	HEALTHEQUITY INC
MYGN	27.98	-3.34	-10.66	MYRIAD GENETICS INC
MAXR	8.4101	-3.3099	-28.24	MAXAR TECHNOLOGIES LTD
TVIX	58.24	-3.11	-5.07
UGAZ	38.80	-3.06	-7.31
PODD	74.19	-2.96	-3.84	INSULET CORP

[RoyBacon]

Buyers, buyers and more buyers.

Asia UP
Europe UP
Oil UP
US Futures +200

Gold and bonds are the only ones not hanging out with the buyers today.

Keep in mind we are in the 10 day lull before earnings reports start coming out. The same guys who were selling last month are repositioning and adding money to stocks mostly at the expense of bonds,(sell bonds to buy stocks).