12 replies to this topic

[dTraderB]

Dull, boring, choppy, unstable and somewhat aimless market but you have think a ST low has been put in place and the markets will noy rally to challenge the record SPX high.

 

Financials are moving up after they got the passing grade so expect at least a 1% rise from this.

 

It now all depends on the G20 meetings. 

 

I think it goes up until end of next week but a news-driven market can do the unpredictable. 

 

Helene Meisler‏ @hmeisler

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Helene Meisler Retweeted Conor Sen

Dividend hikes too. Puts some of them with yields over3%

Helene Meisler added,

Conor Sen @conorsen

JPM, GS, MS, C, BAC, and WFC just announced $115 billion in buybacks over the next year.

1:46 PM - 27 Jun 2019

 

[da_cheif]

Dull, boring, choppy, unstable and somewhat aimless market but you have think a ST low has been put in place and the markets will noy rally to challenge the record SPX high.

 

Financials are moving up after they got the passing grade so expect at least a 1% rise from this.

 

It now all depends on the G20 meetings. 

 

I think it goes up until end of next week but a news-driven market can do the unpredictable. 

 

Helene Meisler‏ @hmeisler

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Helene Meisler Retweeted Conor Sen

Dividend hikes too. Puts some of them with yields over3%

Helene Meisler added,

Conor Sen @conorsen

JPM, GS, MS, C, BAC, and WFC just announced $115 billion in buybacks over the next year.

1:46 PM - 27 Jun 2019

 

HOW LONG WILL THIS BULL LAST???

a very long time.....they asked the  same question i n 2010 2011   12 13 14 15 16 17 18 and now    675 ono    snort

[opinionated]

My Cycle work says down hard next week,  but will not take the trade till Monday,

 

Just got out of a nice long play on Cree, 55 to 59 this morning.  Two day swing...  Holding AMD calls from Tue. close at 28.80 I think and will exit that on the open.  In this environment a 2-3 day swing is risky, let alone a two week.

[dTraderB]

My Cycle work says down hard next week,  but will not take the trade till Monday,

 

Just got out of a nice long play on Cree, 55 to 59 this morning.  Two day swing...  Holding AMD calls from Tue. close at 28.80 I think and will exit that on the open.  In this environment a 2-3 day swing is risky, let alone a two week.

 

I agree a DOWN leg is coming soon, or we may be already in the midst of an IT DOWN move, but the trade thing, the politics, and July 4th are factors that may delay any decline. 

[dTraderB]

I closed SMH too early and totally missed out on XLF

[dTraderB]

It amazes that people are still shocked with weak economic data

 

Still, I expect markets to rally into the close today

[redfoliage2]

The market is holding its breath on Trump's claim there will be a trade deal reached with Xi at G20.  But it will be disappointed big time over the weekend.....................

Edited by redfoliage2, 28 June 2019 - 09:58 AM.

[opinionated]

I heard "The" meeting was 10:30 EST I am not sure if it's AM?  If so maybe a hint of outcome 

[dTraderB]

That's the most likely outcome, and a rally that may last for 3 to 4 days before reality hits ...

 

Ivan the K™ 🆒‏ @IvanTheK

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Feels like market is betting on a Trump-Xi can kick. My checklist for Trump: Make a big deal of his "strong relationship" with Xi Agreement to continue talks post-haste Soft threat on new tariffs with NO HARD DEADLINE STFU on details

6:01 AM - 28 Jun 2019

 

[dTraderB]

Meeting and press release/tweets will be AFTER market closes

10:30 pm EST  

 

that's Saturday morning in Osaka, Japan