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 USA Stock Discussion v8, Brexit: What happens now?

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Gwenstacy321
post Dec 22 2016, 01:57 PM

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Are stock investing tips given here.
danmooncake
post Dec 22 2016, 10:04 PM

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QUOTE(icemanfx @ Dec 22 2016, 10:26 AM)
Given the line up of dt cabinet and advisers, it is the beginning of open season. Carl Icahn is one to watch.
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Icahn?? hmm.gif

Well, I feel that it is actually Rex Tillerson to watch, CEO of Exxon to be tapped as next Secretary of State.
It's about Oil. Drill, drill, drill Baby! thumbup.gif

This post has been edited by danmooncake: Dec 22 2016, 10:04 PM
mikehwy
post Dec 22 2016, 11:11 PM

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.but we shd learn to love crude at this moment. in most circumstances, it will charge upwards.
danmooncake
post Dec 23 2016, 12:11 PM

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Dow 20k.. Christmas present for everyone. biggrin.gif
mikehwy
post Dec 23 2016, 12:48 PM

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just a boring friday question...is US going to open 1/2 day for trading or biz as usual?

This post has been edited by mikehwy: Dec 23 2016, 12:48 PM
danmooncake
post Dec 23 2016, 01:02 PM

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QUOTE(mikehwy @ Dec 23 2016, 12:48 PM)
just a boring friday question...is US going to open 1/2 day for trading or biz as usual?
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AFAIK, it is business as usual but many traders will go home early leaving the computers on to auto-trade.
It's going to be low volume. Next week, 4 days week. Same as New Year week.

But, don't be surprise.. even algos auto-trades can take this to that next level. We're very close.

AVFAN
post Dec 23 2016, 05:50 PM

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QUOTE(mikehwy @ Dec 22 2016, 11:11 PM)
.but we shd learn to love crude at this moment. in most circumstances, it will charge upwards.
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definitely upward bias.

any dip now is just profit taking.

saudi's been repeating the message - "price will rise, the cuts are working".

think it will stay firm until some bigger news come out.

e.g. world stocks down by 5% due to cuts.

or us stocks rise 5 mil a week for 3 weeks in a row.


This post has been edited by AVFAN: Dec 23 2016, 05:50 PM
AVFAN
post Dec 23 2016, 11:20 PM

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BUY BUY BUY!

everything! laugh.gif

US new home sales total 592,000 in Nov vs 575,000 sales expected

US consumer sentiment at 98.2 in Dec vs 98.0 reading expected

danmooncake
post Dec 24 2016, 12:18 AM

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QUOTE(AVFAN @ Dec 23 2016, 11:20 PM)
BUY BUY BUY!
everything! laugh.gif
US new home sales total 592,000 in Nov vs 575,000 sales expected
US consumer sentiment at 98.2 in Dec vs 98.0 reading expected

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Sentiments and Housing market are good! thumbup.gif


AVFAN
post Dec 24 2016, 11:15 AM

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QUOTE(danmooncake @ Dec 24 2016, 12:18 AM)
Sentiments and Housing market are good!  thumbup.gif
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dow failed to cross 20k for xmas.

hope it will get to 20k for the new year!

oil and tech should be able to push up another 70 pts or so by 30 dec.
tohca
post Dec 25 2016, 11:40 AM

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QUOTE(AVFAN @ Dec 24 2016, 11:15 AM)
dow failed to cross 20k for xmas.

hope it will get to 20k for the new year!

oil and tech should be able to push up another 70 pts or so by 30 dec.
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Dow at 20K seems like a certainty.
danmooncake
post Dec 27 2016, 12:19 PM

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Interesting article for Oil price prediction for 2017.

http://finance.yahoo.com/news/unsustainabl...-000000900.html
AVFAN
post Dec 27 2016, 01:18 PM

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QUOTE(danmooncake @ Dec 27 2016, 12:19 PM)
Interesting article for Oil price prediction for 2017.

http://finance.yahoo.com/news/unsustainabl...-000000900.html
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I quite agree with the assessment.

60 will be the cap. Ample supply crouched n hidden, ready to pounce.

So, i generally will long until close to 60.

When it becomes clearer, will reverse gear n short then.
mikehwy
post Dec 27 2016, 03:01 PM

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wow.......nymex 53, brent near 56!
what a flying (or frying?) commodity!!!
AVFAN
post Dec 27 2016, 10:42 PM

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dow countdown to 20,000...

30 pts more.

oil is doing its job.

so is appl.

now, need goog and microsoft to push it a bit harder - that's all. biggrin.gif

mikehwy
post Dec 27 2016, 11:13 PM

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is crude hitting 60? seemed a fairy tale in mid year but now it seems like an easy possibility. after 60 then how, where it goes? << million dollar question it is !!!
AVFAN
post Dec 28 2016, 12:33 AM

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QUOTE(mikehwy @ Dec 27 2016, 11:13 PM)
is crude hitting 60? seemed a fairy tale in mid year but now it seems like an easy possibility. after 60 then how, where it goes? << million dollar question it is !!!
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it will get there.

for now, it's 55 first!



dow 20k... still elusive... but should get there anytime now.

how very bullish:

QUOTE
Hedge funds have jacked up their bets on the stock market to their highest levels of 2016 and cut back on short positions to a three-year low amid a blistering post-election rally.

For the fourth quarter, the $3 trillion industry increased its net exposure — the difference between short and long positions — to 63 percent, a level that equates to a net $656 billion, according to Bank of America Merrill Lynch data. Hedge funds were last this optimistic in the fourth quarter of 2015.

http://www.cnbc.com/2016/12/27/hedge-fund-...-the-rally.html


This post has been edited by AVFAN: Dec 28 2016, 12:50 AM
gizmo21nik
post Dec 28 2016, 12:40 PM

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Top Cheap Stocks to Invest In for 2017

If you’re thinking of investing in tech stocks and want to find the best cheap tech stocks with the greatest potential for big gains, it’s important to see how technology-sector stocks are performing in the grand scheme of things.
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mikehwy
post Dec 28 2016, 04:20 PM

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nymex 54.15 Brent 57+ !!!
another green evening ahead.
AVFAN
post Dec 28 2016, 05:06 PM

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looking at crude and dow futures now...

dow should cross and close above 20k tonight.

crude should attempt 55 by fri.

and $ index rising again.



if so, happy new year in advance. laugh.gif



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