Monday, January 1, 2018
I am betting on a decline with magnitude between '11 and '87
I am stripping basic materials, energy, and industrials and strapping long term Treasuries.
This hit a record high of about 2.3 on Halloween. http://ift.tt/2nPI8cb
Submitted January 01, 2018 at 06:28PM by HODLoL http://ift.tt/2CBcLKa
5 Stocks I'm watching this week [Jan 2-5, 2018]
This is a weekly series I like to do, go stir up some discussion for potential plays for the upcoming trading week. If you don't want to read this wall of text, check out the video: https://youtu.be/4habZ6Comg0
The 5 stocks this week that I'm watching are Alphabet (GOOGL), Alibaba (BABA), Visa (V), Paypal (PYPL) and the 5th is actually an index fund this week - the QQQ (Nasdaq ETF).
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Google, or Alphabet, has had a big selloff the last 2 weeks going into the end of 2017 and into 2018. I believe that this will reverse in the upcoming week as buyers come back in and volume picks up. It may dip slightly below to the uptrend support that I outlined, which is in line with its 50 day MA, so that is another key level to watch.
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Next we have Alibaba, which is a stock I am extremely bullish on and hold in my long term portfolio as well. Alibaba has been consolidating for the last few weeks after a big selloff, but I believe the bulk of the damage is behind us. If we see volume come in this week, we will bounce off the uptrend support, break through the MA, and start a recovery before we hit $200 in a few months.
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Third we have Visa. This stock held up well even though the markets sold off, and we closed off friday about $0.90 off the ATH (all time high). We are still above the uptrend support, and I believe the holiday shopping season will push Visa to new ATH soon.
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Fourth is PayPal. Another company that will benefit from the holiday season and I think will make a recovery after it's recent sell off the last month or so. PayPal is holding it's technicals very well, and is holding the uptrend support as well. Again, if we see volume come back into the market, especially in tech, we will see PayPal make a run for ATH.
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Finally we have the Nasdaq ETF - QQQ - which follows mostly tech stocks. This is a good indicator as to how the market is doing, and the QQQ's are currently at a level that is slightly above some uptrend support. This is a key level to watch this week - if we bounce off this, we will see all of tech start a recovery, if we break through this support, we will start making lower prices on most of tech stocks.
What trades are you watching this week, and what will be your first purchase of 2018? Let's discuss! Happy investing :)
Submitted January 01, 2018 at 04:57PM by blackdragon1299 http://ift.tt/2DKS3ae
stock market platform
hello there i currently live in UAE and im not a US citizen or carrying a green cart nor related to US in any way i want to trade in the stock market but every platform i register in says for US citizen only and when i found a new platform called plus500 i read the reviews and its bad so any suggested platform that i can use as an individual thanks.
Submitted January 01, 2018 at 08:43AM by alialiraqii http://ift.tt/2zWStIa
Sunday, December 31, 2017
Welcome to 2018 r/StockMarket! Happy New Year and thank you all for an amazing 2017!
I just wanted to quickly extend a HUGE thank you to all of our regulars and new arrivals to the subreddit for an awesome year at r/StockMarket! It has truly been an amazing year for this community. We had just recently surpassed the 80K milestone on subscriber count and are quickly approaching the big 100K! This seriously wouldn't ever have been possible without all of the great contributions from everyone this year! A BIG TIME thank you goes out to all of you who make this one of the best communities around on Reddit! From all us at r/StockMarket wishing all of you and you families and friends a very happy, healthy, and prosperous New Year! It's been a lot of fun and we look forward to many more in 2018! Cheers to all! :)
Submitted January 01, 2018 at 01:02AM by bigbear0083 http://ift.tt/2C4vaOI
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