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Here are the Top 20 Decliners with last trade over 5 and avg trade over 250,000...
Symbol Last Trade Change % Change Description AMZN 1,675.78 -96.58 -5.45 AMAZON.COM INC BKNG 1,860.29 -59.41 -3.09 BOOKING HOLDINGS INC GOOG 1,056.90 -49.53 -4.48 ALPHABET INC GOOGL 1,068.95 -47.40 -4.25 ALPHABET INC ISRG 519.99 -28.93 -5.27 INTUITIVE SURGICAL INC BLK 408.41 -26.46 -6.08 BLACKROCK INC TDG 353.94 -18.45 -4.95 TRANSDIGM GROUP INC SIVB 239.82 -16.16 -6.31 SVB FINANCIAL GROUP SOXL 100.00 -15.53 -13.44 DIREXION DAILY SEMI BULL ABMD 328.72 -14.74 -4.29 ABIOMED INC ALGN 221.04 -14.66 -6.22 ALIGN TECHNOLOGY INC ULTA 292.10 -14.39 -4.70 ULTA BEAUTY INC BA 345.59 -14.37 -3.99 BOEING CO GWW 302.90 -14.30 -4.51 GRAINGER (W W) INC MELI 355.44 -14.07 -3.81 MERCADOLIBRE INC FDX 216.35 -13.69 -5.95 FEDEX CORP NFLX 277.25 -13.06 -4.50 NETFLIX INC ILMN 337.23 -13.02 -3.72 ILLUMINA INC URI 106.35 -12.91 -10.83 UNITED RENTALS INC ROP 288.17 -12.88 -4.28 ROPER TECHNOLOGIES INC Comment -
Well, we have been on a record bull run.
While running hot, Pres Trump confronted trade and that has created some uncertainty and headwind.
The Fed has made some moves that also had an effect on equities. The broader picture shows still a pretty good economy but stock prices, at least some, were pretty high.
Any news, like with housing today, will make this market jittery.
Money is shifting, rates are changing, but many companies are still doing well.
Stocks pretty much due to pull back, but that doesn't mean the economy is going into a recession.
Apple scared everyone because the hardware iphone market is getting flooded and they want to focus on services for reporting purposes.
When betting on continued growth, it's tough to keep growing at crazy rates when you get big. This is an issue for some of the big tech and media guys.
Elon Musk is an Ambien tweeter.
Something like that.Comment -
Tooany huge swings in the market. Tomorrow could be a 400 pt rally. Problem is when the real crash comes it will be too late for most to know to pull out and poof. Goes everyone's 401 kComment -
Lol
That’s why people get crushed trying to predict markets daily, weekly, monthlyComment -
Market closed tomorrow.
No Gold, you can minimize loss and play the swings. I think there is more opportunity in volatile markets.
Sometimes.
This market is $2 steak style tough right now though, if you're trying to get a rise.Comment -
Interest rates, uncertainty in Washington, Americans and Corporations beginning to feel the pinch of tariffs and a dumb fukking president that knows NOTHING on how to run the economy other than to bankrupt it ='s a down market..Comment -
get out now . I have heard the dollar will no longer be the world currency after december 30 Chaos coming. short everythingComment -
Good godComment -
Yeah, even the banks getting slammed again. Ran BAC up little, then gave it back...
Here are the top 20 decliners with last trade over 5 and avg 5 day vol over 250,000
Symbol Last Trade Change % Change Description SIVB 212.33 -28.10 -11.69 SVB FINANCIAL GROUP AZO 854.66 -25.41 -2.89 AUTOZONE INC PLCE 104.05 -19.10 -15.51 CHILDRENS PLACE INC BLK 390.82 -17.93 -4.39 BLACKROCK INC OLLI 73.27 -13.56 -15.62 OLLIE'S BARGAIN OUTLET HL UGAZ 139.52 -12.74 -8.37 ISRG 506.43 -12.39 -2.39 INTUITIVE SURGICAL INC HUM 312.31 -12.16 -3.75 HUMANA INC CMG 456.24 -12.11 -2.59 CHIPOTLE MEXICAN GRILL IN ORLY 334.42 -12.01 -3.47 O'REILLY AUTOMOTIVE INC BA 330.73 -11.77 -3.44 BOEING CO ANTM 281.69 -11.23 -3.83 ANTHEM INC MELI 344.29 -10.56 -2.98 MERCADOLIBRE INC CXO 118.32 -10.09 -7.86 CONCHO RESOURCES INC AVGO 222.57 -9.47 -4.08 BROADCOM INC HQY 75.06 -8.54 -10.22 HEALTHEQUITY INC CNC 133.83 -8.35 -5.87 CENTENE CORP SHW 398.29 -8.31 -2.04 SHERWIN-WILLIAMS CO UNH 270.33 -8.22 -2.95 UNITEDHEALTH GROUP INC WCG 244.06 -8.20 -3.25 WELLCARE HEALTH PLANS INC Comment -
What are you liking?
I feel like there's value in some banks and even retail.
We have one more season of GME to get sales. It's got a decent dividend and I rode the up down wave all year. I sold all of it at 14.95 now am thinking of going back in for the dividend trade.
What are you looking at here?Comment -
So far today I bought
SPY - a ton
AMZN
I'm keeping some powder dry on anything dividend related. NRZ is tempting at $16.70, real tempting.
But once this storm blows over folks are going to see the strength in the economy and I think we resume the overheating concerns and rates tick up. I do not see the solid dividend plays moving much. But they are tempting.Comment -
I like it.
Keep it simple with the index. It really does makes a ton of sense.Comment -
Let's see how the close and open tomorrow goes.
There will be a lot of forced margin selling on both. Mu guess is there will be plenty of buyers.Comment -
Impressive. I think I saw the Dow down 775 at one point. Closes down 80.Comment -
Today's sell off surprised me. I bot some calls when it was down 400 and sold them when it was down 500.
We could have just seen a real capitulation, verrrrry rare. SPY trades about 75 million a day, today was over 200 million. Time will tell. We need to avoid any horrible news for a couple of days and let her heal.Comment -
Well this is the third recent bounce off of ~ 2640ish on the S&P in the last couple of months.
If you ignore the volatility, right now the S&P is almost exactly flat for 2018. Pretty boring lol.
I'm just worried that the action is starting to look like the action in late 2007.Comment -
market came roaring back to close pretty much even on the S&P and up on the Daq. i'm not in anything on the DOWComment -
Of course a true capitulation is not known until the chart gets some forward history. This could just be the start for all we know right now.
A close below 2610 on the SnP would A) today's event was not a capitulation and B) take out major support. A trader could put on a 20 day Call/Put straddle at any trades below 2620. The strategy would involve holding until expiration.
But I doubt we get there with rates where they are. Jobs report in the AM. Verrrry hopeful it's benign. Good or bad news can be bad when this puppy is trying to catch its breath.Comment -
That BAC I picked up a couple of days ago is the only real shit I own. I'm actually up today.
Starting to buy and accumulate MJ, the weed ETF, in the 26's and 27's for a longer term position.
I hope it's the right call.
Here are the top 20 Decliners with last trade over 5 and avg 5 day vol over 250,000...
Symbol Last Trade Change % Change Description BKNG 1,819.93 -62.31 -3.31 BOOKING HOLDINGS INC MTN 224.25 -47.52 -17.49 VAIL RESORTS INC AMZN 1,654.34 -44.85 -2.64 AMAZON.COM INC ULTA 262.10 -30.82 -10.52 ULTA BEAUTY INC GOOG 1,040.13 -28.60 -2.68 ALPHABET INC GOOGL 1,051.30 -26.78 -2.48 ALPHABET INC COO 250.60 -26.42 -9.54 COOPER COMPANIES INC ISRG 496.48 -22.61 -4.36 INTUITIVE SURGICAL INC NFLX 266.44 -16.44 -5.81 NETFLIX INC TREE 245.81 -16.11 -6.15 LENDINGTREE INC LULU 117.35 -14.09 -10.72 LULULEMON ATHLETICA INC ILMN 323.97 -10.35 -3.10 ILLUMINA INC ABMD 322.71 -10.27 -3.08 ABIOMED INC FDX 205.48 -9.58 -4.46 FEDEX CORP NVDA 148.78 -9.51 -6.01 NVIDIA CORP ADBE 241.17 -9.46 -3.78 ADOBE INC BIG 30.83 -9.46 -23.49 BIG LOTS INC MDGL 111.20 -9.46 -7.84 SIVB 209.86 -9.29 -4.24 SVB FINANCIAL GROUP ANET 229.15 -9.28 -3.89 ARISTA NETWORKS INC Comment -
I'm seeing a recession in 12 to 18 months.Comment -
I had a decent size lump sum (for me) to invest second week of October.
Debated buying a shade over three BTC at $6,200 but thankfully went with stocks instead.
I’ve followed the market for years but the one time I had a nice investment nest egg but unfortunately I had to liquidate it during my divorce.
I made what’s been a very good call so far to buy the TSLA dip (in at $254), also bought Amazon (in at $1702) and BABA (in at $144).
I have about 45 percent of my investment in both TSLA and Amazon and 10 percent in BABA.
Amazon is so volatile but I do like the company long term. I am also afraid of a recession or at least a slow down in the economy soon.
Although I’ve done well so far I’m afraid I’m getting in this boat when a lot of signs point to another crash soon.
Any suggestions?
I’ve also been following a stock called JD.com that seems like a good value right now. Thinking about buying 50-100 shares.
I know I was kind of all over the place there but any advice from some of the long-time investors on this site would be greatly appreciated.
Thanks in advanceComment -
BIgJay JD and Baba solid companies but prepare for volatility, shouldn't matter long term.
The economy really is doing fine. Don't equate what happens in the markets to what is happening in the economy.
Individual companies that ran like crazy simply aren't going to continue on the same path of growth but as services and cloud services become the new growth areas, things really could rebound.
I would like to say that even a slowdown of any kind showing up in the near future may not hurt equities much more but I don't know that. Maybe we should see some capitulation and sideways movement first.
Amazon is always a good bet, but buying on dips is obviously wise there.
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i'm not the most knowledgeable regarding the stock exchange, but these are some basic stuff kvb
the markets may not reflect the economy as a whole, but they are a good approximation
a stock's price represents expected future earnings for the shareholder, so it also represents the expected earning potential of the company
when a stock's price goes down, it means the markets think that the future earning potential of the company has diminished
obviously when one company's stock price changes, it could be because of a myriad of factors, if most stocks are going down at the same time, it points to factors that are market wide
the markets right now are going down in tandem, which implies that investors think that future earnings potential for most companies has diminished, they are under the impression that the economy is slowing down, possibly heading for a recession
one of the biggest reasons for this belief is the trade war, investors know many companies rely on imports of raw materials and components from china, the trade war is increasing their input costs, forcing those with the tightest margins to close shop, and reducing profits for the rest, also many will choose to pass the costs to consumers, either because they think that people will pay, or because thats the only way to remain profitable. this leads to inflation, which means consumers can afford to buy less things. to summarize, the trade war has led to companies going out of business, less profits for the rest, and less money for consumers to spend, i.e. recession. investors think its coming, they are selling like crazy to secure their profits or limit losses, and the markets are tumbling
thanks obama /sComment -
Honestly Mushroom, that's just not true anymore.
The stock market and the economy are separate, no matter what they try to teach you.
The US economy is in really good shape. The good new is, nobody thinks it is.
As far as stock prices and future earnings, if only it were that easy.
It's a traders market. A gamblers market, driven by math more complex than just future earnings. Those thinking stock prices and future earning are long term and when they do trade short term, it doesn't move markets.
Don't kid yourself, the stock market is an institutionally manipulated animal independent of the economy, has been for some time now.Comment -
Mushroom is a sharp kid. Stocks are a leading economic indicator.
But its not just trade. It’s rising interest rates and delevering of central bank balance sheets. It’s the temporary nature of the boost from tax cuts. And it’s just late in the economic cycle.
It cracks me up to hear Trumpers talk like we were in a recession all during the Obama era, and now because we have trip, we are in an expansion. Guys, the expansion is ten years old.
You can now read about these things on CNBC, but Greaser gave you all these reasons a long time ago.Comment -
Much of this is true, but fundamentals are still the linchpin.
But hey, that’s the way I think.
I also think bookmakers try to get even money on both sides of the bet.
KVB and I are opposed on both topics. Funny how they are both very similar.
Who is right?
Probably both of us.
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Definitely both of us.
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