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 USA Stock Discussion v8, Brexit: What happens now?

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danmooncake
post Jun 28 2016, 01:30 AM

Market Up, Market Down...Wheee..
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Sp500 trying to stay above 2000 level here... hmm.gif
danmooncake
post Jun 28 2016, 01:42 AM

Market Up, Market Down...Wheee..
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Opps... $45.88.. here it comes. Faster than I anticipated. sweat.gif
mikehwy
post Jun 28 2016, 02:18 AM

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Damn. Everything is for sale. Dirt low now with diws -300. Scary scene for the global economy.
AVFAN
post Jun 28 2016, 02:30 AM

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wti dead cat bounce?

danmooncake
post Jun 28 2016, 03:34 AM

Market Up, Market Down...Wheee..
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QUOTE(AVFAN @ Jun 28 2016, 02:30 AM)
wti dead cat bounce?
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It managed to hold above $46 into close.. I think they've covering.
AVFAN
post Jun 28 2016, 11:02 AM

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QUOTE(danmooncake @ Jun 28 2016, 03:34 AM)
It managed to hold above $46 into close.. I think they've covering.
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now almost 47!

dow futures +1xx.

after 2 days of carnage, should recover a bit tonight.

but i think will be bumpy, need to tread carefully.



i did pick up bits of my fav counters last night.

but got out of dwti and staying out dwti/uwti - this pair is too hot for now! biggrin.gif
AVFAN
post Jun 28 2016, 05:48 PM

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what to expect tonight?

.. europe +2%
.. dow futures +200
.. gdp slide halted, usd weakens
.. talk of major central banks loosening (again) soon
.. fed now expected to cut rate instead of hike! biggrin.gif
.. wti rise 2% to >47

oil bulls back in play... norwegian oil workers going on strike.

would be a disaster to have held dwti overnight. sweat.gif

danmooncake
post Jun 28 2016, 10:44 PM

Market Up, Market Down...Wheee..
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Gap up...let's play the gap fill here.
AVFAN
post Jun 28 2016, 11:05 PM

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wti is wild tonight...

a chance dow will go red later...? biggrin.gif

This post has been edited by AVFAN: Jun 28 2016, 11:06 PM
mikehwy
post Jun 29 2016, 12:33 AM

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Crude seems struggling at 47.25. But dows has been resilient now. Will it hold?

AVFAN
post Jun 29 2016, 12:45 AM

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QUOTE(mikehwy @ Jun 29 2016, 12:33 AM)
Crude seems struggling at 47.25. But dows has been resilient now. Will it hold?
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ya, wti is fragile...

up and then lost almost 2% in one hour, now recovering pretty fast too.

i thought it was going back to 46 but now, it looks like going to 48.

api data after closing, eia data tmrw - the weekly game coming up.



if dow close around +200, tmrw should see a continued recovery.

i'm starting to feel a little bullish. tongue.gif

This post has been edited by AVFAN: Jun 29 2016, 12:47 AM
yok70
post Jun 29 2016, 01:08 AM

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weak bear...
brexit may turn out a non-event.... hmm.gif
AVFAN
post Jun 29 2016, 02:00 AM

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wti looking strong again.

so are all the oil/energy counters.

30min to wti closing.

if it rallies before that, good news for uwti!
AVFAN
post Jun 29 2016, 02:37 AM

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QUOTE(yok70 @ Jun 29 2016, 01:08 AM)
weak bear...
brexit may turn out a non-event.... hmm.gif
*
does look like brexit was not a tornado but a gale. biggrin.gif

tech, healthcare, energy... all good gains.

and wti looks set to return to 48.

the bulls are back! rclxms.gif
yok70
post Jun 29 2016, 02:55 AM

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QUOTE(AVFAN @ Jun 29 2016, 02:37 AM)
does look like brexit was not a tornado but a gale. biggrin.gif

tech, healthcare, energy... all good gains.

and wti looks set to return to 48.

the bulls are back! rclxms.gif
*
very tricky bull.....suspicious.... laugh.gif
AVFAN
post Jun 29 2016, 09:44 AM

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QUOTE(yok70 @ Jun 29 2016, 02:55 AM)
very tricky bull.....suspicious.... laugh.gif
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the media and investment houses are influential.

now, many are saying brexit is overblown, brexit may not happen after all...

and talk of rate cut instead of hike.

plus this:

Oil futures climbed in electronic trading Tuesday after the American Petroleum Institute reported that U.S. crude supplies fell by 3.9 million barrels for the week ended June 24, according to sources. Analysts polled by S&P Global Platts forecast a fall of 2.4 million barrels for crude inventories.

wti now 48.30, maybe going 50 soon.

tonight looking like another bull...?! biggrin.gif
mikehwy
post Jun 29 2016, 01:27 PM

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QUOTE(AVFAN @ Jun 29 2016, 12:45 AM)
ya, wti is fragile...

up and then lost almost 2% in one hour, now recovering pretty fast too.

i thought it was going back to 46 but now, it looks like going to 48.

api data after closing, eia data tmrw - the weekly game coming up.
if dow close around +200, tmrw should see a continued recovery.

i'm starting to feel a little bullish. tongue.gif
*
QUOTE(yok70 @ Jun 29 2016, 01:08 AM)
weak bear...
brexit may turn out a non-event.... hmm.gif
*
Volatile volatile. Crude was crawling upwards thru out. Me too feeling bit bullish. Game on....for uwti??
AVFAN
post Jun 29 2016, 01:40 PM

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QUOTE(mikehwy @ Jun 29 2016, 01:27 PM)
Volatile volatile. Crude was crawling upwards thru out. Me too feeling bit bullish. Game on....for uwti??
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i'm already in.

price not so good - it was hard because it was a big V from start to finish.

but think can still get some profit tonight.

only thing is whether eia will report +3.9mil vs api -3.9mil. laugh.gif
yok70
post Jun 29 2016, 04:21 PM

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back to bull camp everyone.... laugh.gif
however, it's month's end, numbers game may be one of the reason for the bull....next month, will start from fresh, bear or bull, we'll see. biggrin.gif
yok70
post Jun 29 2016, 04:27 PM

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today's volume seems "calm down" as compare the past few days after brexit.

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