Dow set for first close above key level in more than a month as stocks rally

Source: MarketWatch
Published: Apr 16, 2018
Author: staff
Post Date: 2018-04-16 16:00:14 by buckeroo
Views: 832

U.S. stocks rallied on Monday, with major indexes gaining about 1% as optimism persisted over the first-quarter earnings season and as geopolitical tensions showed signs of fading.

The reaction of the markets about the ease of international tensions is NOT about Trump or Jesus; it is about confidence of and about the world around us; for a while there I was worried, too.

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#1: Justified    To: buckeroo (#0)

Trump shocked the market so much this year that I think the fear of a market crash has been beaten out of the average trader. That or no one has a clue what to do. I kinda lean to the no one has a clue what to do! 2 of the stock I was day trading just seem to die off on large moves. I was getting $1 plus moves last year now they are 20-40cents which is not much of a trend! It sucks!!!

Justified posted on 2018-04-16 18:32:17   Reply   Private Reply

#2: buckeroo    To: Justified (#1)

Trump shocked the market so much this year that I think the fear of a market crash has been beaten out of the average trader.

Why do your care about, "average traders? Don't you care about your own investments and trading stratigie?

buckeroo posted on 2018-04-16 18:38:05   Reply   Private Reply

#3: Justified    To: buckeroo (#2)

I really don't. But it takes a trend to make money unless you are a high frequency trader. If there is no clear direction for the masses then you get a stock market that goes nowhere as the scalpers eat everyone alive. What I have noticed this year is that everyone was terrified the market was going to crash since it was so high and had gotten there so fast. Then when Trump started in on the Amazon, FB got caught with its pants down and Apple had slowdown gate which cause the market leaders to bring the market down. I think Boeing saved the market.

Justified posted on 2018-04-16 19:08:45   Reply   Private Reply

#4: buckeroo    To: Justified (#3)

If there is no clear direction for the masses then you get a stock market that goes nowhere ...

The market *IS* going somewhere, and that is up, Up and UP! You are losing out by not jumping in.

buckeroo posted on 2018-04-18 09:54:31   Reply   Private Reply

#5: Justified    To: buckeroo (#4)

I "believe" We are in a consolidation period for next few months. Started in February and probably will continue until the big guys figure out were they want to park their money.

Justified posted on 2018-04-18 16:46:36   Reply   Private Reply

#6: buckeroo    To: Justified (#5)

I "believe" We are in a consolidation period for next few months. Started in February and probably will continue until the big guys figure out were they want to park their money.

Lets get down to brass tacks, shall we? Belief means NOTHING to the world and certainly your wife as you attempt to convince her of your long schlong. Hard work in research to dig out opportunity is the entire point.

There are only three ways to trade:

BUY, SELL or wait (queuing a position).

buckeroo posted on 2018-04-18 17:18:13   Reply   Private Reply

#7: Justified    To: buckeroo (#6)

There are only three ways to trade:

BUY, SELL or wait (queuing a position).

How True! I'm in the wait until I see something that makes me think we are going somewhere for long term. Right now I'm Day Trading.

Its funny I watch all those videos on Trading and I never make 3k plus! Best I have done is 1600. Did 600 today. Something must have happen around 9 ish because the market stopped in mid trend. Oh well I had to get to my real job.

Justified posted on 2018-04-18 17:26:00   Reply   Private Reply

#8: buckeroo    To: Justified (#7)

Don't indicate profits or losses on the Internet.

buckeroo posted on 2018-04-18 17:56:04   Reply   Private Reply