Saturday Review’s recording (for 10/13/18) … Done, or done?
This week we review the damage done to the market by the recently begun decline. Is a corrective bounce possible? Always, but what would be its signals and its potential? Will the decline try resuming? Probably, but how deeply before it’s on to a new lower objective? And what would be the next lower objectives? Quarterly earnings have gotten underway, too, so the market will have plenty of inputs to influence it.
The following stock requests were reviewed in this order:
FB, AMZN, AAPL, NFLX, GOOG, ACBFF, TLRY, CGC, TGODF, MMNFF, KSHB, GE
transcript
(10/13/2018 09:31)
Rod David: WELCOME TO SATURDAY REVIEW. PLEASE POST QUESTIONS AND COMMENTS AS THEY OCCUR TO YOU.
Mark: gm
David B: Good Morning
Bill G: gm
(10/13/2018 09:46)
Mark: if decline resumes Mon would you still expect a big leg down next?
(10/13/2018 09:59)
David B: Usually when you see a big decline like on wednesday there is a flight to safety in bonds. it looks like this was not happening and was this a warning that something else that market is telling us?
(10/13/2018 10:03)
David B: is 2709 still on the table that a close below would open the flood gates and we are on our way to 2528?
(10/13/2018 10:05)
ljr iPad: stocks: NOW, SHOP, BIDU, CMG, AGN
(10/13/2018 10:07)
ljr iPad: ROKU
(10/13/2018 10:23)
ljr iPad: TEAM
(10/13/2018 10:32)
ljr iPad: team earnings oct18
(10/13/2018 10:35)
ljr iPad: ROKU awhile later
(10/13/2018 10:40)
ljr iPad: thx.
(10/13/2018 10:47)
ljr iPad: GE candidate for tax loss selling this year too?
(10/13/2018 10:49)
Bill G: Thanks
Mark: thx much
ljr iPad: thx.
Rod David: ;)