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 USA Stock Discussion v8, Brexit: What happens now?

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danmooncake
post Sep 11 2016, 09:23 AM

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Sell everything... famous hedge fund manager said, a month earlier.
http://www.reuters.com/article/us-funds-do...h-idUSKCN1092BO

But, top bull, said Buy this dip:
http://finance.yahoo.com/video/tom-lee-buy...-210800858.html

Who's right, who's wrong... let's take a coin toss. biggrin.gif
zacknistelrooy
post Sep 11 2016, 07:16 PM

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QUOTE(danmooncake @ Sep 11 2016, 09:23 AM)
Sell everything... famous hedge fund manager said, a month earlier.
http://www.reuters.com/article/us-funds-do...h-idUSKCN1092BO

But, top bull, said Buy this dip:
http://finance.yahoo.com/video/tom-lee-buy...-210800858.html

Who's right, who's wrong... let's take a coin toss.  biggrin.gif
*
Well all of them have their own motive in releasing info so kind of hard to really know who is right or wrong.
AVFAN
post Sep 12 2016, 04:50 PM

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looking like another sell off tonight. sweat.gif

wti -1.6%
asia -2%
europe - 2%
dow futures -10x.

usd/rm 4.138
sgd/rm 3.039
mikehwy
post Sep 12 2016, 06:08 PM

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QUOTE(AVFAN @ Sep 12 2016, 04:50 PM)
looking like another sell off tonight. sweat.gif

wti -1.6%
asia -2%
europe - 2%
dow futures -10x.

usd/rm 4.138
sgd/rm 3.039
*
Wow. Sing dollar that strong again, > 3!!! Oh my....
AVFAN
post Sep 12 2016, 06:21 PM

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QUOTE(mikehwy @ Sep 12 2016, 06:08 PM)
Wow. Sing dollar that strong again, > 3!!! Oh my....
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more like the rm is losing to every one, not just usd.

aud, euro, pound, aud, baht, rupiah, rmb, won, yen.... all of them! biggrin.gif

if planning to buy import goods, better buy now!
mikehwy
post Sep 12 2016, 07:27 PM

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QUOTE(AVFAN @ Sep 12 2016, 06:21 PM)
more like the rm is losing to every one, not just usd.

aud, euro, pound, aud, baht, rupiah, rmb, won, yen.... all of them! biggrin.gif

if planning to buy import goods, better buy now!
*
Ya, things are sliding locally except prices of goods!
Hope Dows wont fare as bad as many would expect...or, will it? Big money question as crude is tumbling now..
zacknistelrooy
post Sep 12 2016, 07:52 PM

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*Credit to Pensionpartner
Attached Image

After 96.8% declining volume of total volume on Friday, 60 % of the time it turns green.

So today is going to be interesting.

This post has been edited by zacknistelrooy: Sep 12 2016, 07:55 PM
zacknistelrooy
post Sep 12 2016, 09:41 PM

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Rebounding quite nicely, starting to put a hammer in the charts.

Also looks like some of the banks stocks are trading like they don't believe there will be a hike next week.

This post has been edited by zacknistelrooy: Sep 12 2016, 09:43 PM
danmooncake
post Sep 12 2016, 11:24 PM

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Some ways to go but I think the market should recover half of what it lost last Friday.
Then, shall wait and see.

Come bulls, take the bargain and buy buy buy. rclxms.gif


AVFAN
post Sep 12 2016, 11:32 PM

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so volatile.

better do nothing.

go watch tv. biggrin.gif

danmooncake
post Sep 12 2016, 11:56 PM

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For short term, the levels between $45 and $48 is an interesting range to play.
zacknistelrooy
post Sep 12 2016, 11:58 PM

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QUOTE(danmooncake @ Sep 12 2016, 11:56 PM)
For short term, the levels between $45 and $48 is an interesting range to play.
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Probably at least till that informal OPEC meeting this month.
mikehwy
post Sep 13 2016, 02:17 AM

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the fed hike fear thingy seems to fade....and dows might even go +300.... what a market !!!
danmooncake
post Sep 13 2016, 02:55 AM

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QUOTE(mikehwy @ Sep 13 2016, 02:17 AM)
the fed hike fear thingy seems to fade....and dows might even go +300.... what a market !!!
*
Yup. Buy Buy Buy....

What a nice bounce for oil services too despite smaller bounce for crude.
danmooncake
post Sep 13 2016, 03:28 AM

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Now... if SP500 and Dow can't it back to that 50ma line, maybe it will go down again
for another interest rate scare...

Wish to see something like this for a nice 5-10% correction.

Down, Up, ,Down (deeper)...up..Down (even deeper). devil.gif
yok70
post Sep 13 2016, 03:34 AM

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where is my 2200? devil.gif
danmooncake
post Sep 13 2016, 03:36 AM

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QUOTE(yok70 @ Sep 13 2016, 03:34 AM)
where is my 2200?  devil.gif
*
Almost hit that spot 3 times... but it has to roll back down to gather bulls momentum.
I think sooner or later, it will do it.

There's just too much money on the sidelines here.

I was hoping for at least it can pull back down to 2010.xx level (last break out level) but almost there too.


This post has been edited by danmooncake: Sep 13 2016, 03:37 AM
yok70
post Sep 13 2016, 04:10 AM

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QUOTE(danmooncake @ Sep 13 2016, 03:36 AM)
Almost hit that spot 3 times... but it has to roll back down to gather bulls momentum.
I think sooner or later, it will do it.

There's just too much money on the sidelines here.

I was hoping for at least it can pull back down to 2010.xx level (last break out level) but almost there too.
*
i want apple to pull back under 100, why it rebound so fast today! vmad.gif
danmooncake
post Sep 13 2016, 04:15 AM

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QUOTE(yok70 @ Sep 13 2016, 04:10 AM)
i want apple to pull back under 100, why it rebound so fast today!  vmad.gif
*
I think AAPL got chance to go back down to 100 level very soon.
Just be patience. If happens, do you dare to buy? devil.gif
yok70
post Sep 13 2016, 05:32 AM

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QUOTE(danmooncake @ Sep 13 2016, 04:15 AM)
I think AAPL got chance to go back down to 100 level very soon.
Just be patience. If happens, do you dare to buy? devil.gif
*
of course! i ate too little while below 100, ate at 94 and then 96.

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