Stock Market Today : July 2nd - 6th - Page 5

Moved my short stop up .5 of a point to 1359.5. should be covered to go to sleep. 

edit: took off stop and put it back up.

CME will be closing at 12:15 CST.

Thinking about shorting Nat Gas here.

Oil is up hard, and i dont think money is going to flow into natgas today.

FSLR looking very nice today.  Still got my 20.00 target on that.

gmcr and nflx as well..

Quote:

Originally Posted by Rock Sexton 

FSLR looking very nice today.  Still got my 20.00 target on that.

energy sector is on fire this morning :)

From ZeroHedge:

• FRANCE TO HAVE NEW TAX RATE OF 45% FOR WEALTHY
• FRANCE TO TAX INCOME OF MORE THAN EU1 MLN AT 75%, AYRAULT SAYS
• FRANCE TO TAX CAPITAL INCOME AT SAME LEVEL AS WAGES
• FRANCE TO RAISE TAXES FOR LARGE COMPANIES, BANKS, OIL FIRMS

75% tax LMAO.. how to long french IRS?

natural gas

Not that I put a whole lotta stock in such methods, but for those who do--both AAPL and GOOG .00 prints for LOD

SODA's also been really interesting again lately .... they have earnings on August 13th.  This chart is from yesterday (too lazy to mock up a new one LOL) ......

EDIT:  Updated

Quote:

Originally Posted by o7media 

We should be able to test 1380 this week IMO. Gonna be light volume and easy to move either way, but had a really bullish close this past week.

1380 coming 

Quote:

Originally Posted by Stevie_B 

 

NOOOO!! (lol) That's gonna leave a mark

 

My USO calls were up 314% on Friday and I held over the weekend thinking there would be a lovefest in the EU this weekend.

 

Where's that "stupid" pic??

 

Good stuff though rg, thanks for posting.

I'm buying back that kidney and having steak tonight!

Closed all but 5 contracts at $2.25

   I do think we could see 1406 on the S&P before this run is over..Look for ECB cut rates on Thursday and Fridays jobs number could surprise not that it will be accurate but we are getting close to a big election if you know what i mean...

Quote:

Originally Posted by Davecash77 

   I do think we could see 1406 on the S&P before this run is over..Look for ECB cut rates on Thursday and Fridays jobs number could surprise not that it will be accurate but we ae getting close t a big election if you know what i mean...

1400? No way we crack 1400... These bulls here are setting up for disappointment sooner than later.

The idea here is to ramp up the market and get all the bulls into "Oh my God! I missed the new rally! I better buy now!" mode.

Quote:

Originally Posted by StockJock-e 

 

1400? No way we crack 1400... These bulls here are setting up for disappointment sooner than later.

 

The idea here is to ramp up the market and get all the bulls into "Oh my God! I missed the new rally! I better buy now!" mode.

I will share some of my cat food stash with traders who are short...LOL  

Quote:

Originally Posted by StockJock-e 

 

1400? No way we crack 1400... These bulls here are setting up for disappointment sooner than later.

 

The idea here is to ramp up the market and get all the bulls into "Oh my God! I missed the new rally! I better buy now!" mode.

Doesn't that go without saying?

Retail vs. Institutional ..... it's always gonna be like that. 

I may be crazy but looking at the EURO chart i could see a run to the 1.29 -1.30 level before it pukes..

Quote:

Originally Posted by Davecash77 

I may be crazy but looking at the EURO chart i could see a run to the 1.29 -1.30 level before it pukes..

Same resistance levels on my chart. I will believe when I see it