Monday stock market predictions

Discussion in 'The Chatterbox' started by Erik Redd, Jun 26, 2016.

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How will the S&P 500, DJIA and Nasdaq end the day Monday relative to Friday's close?

Poll closed Jun 27, 2016.
  1. All will end the day up

    12.5%
  2. Mixed - some will end the day up, and some will end the day down

    25.0%
  3. All will end the day down

    62.5%
  1. Erik Redd

    Erik Redd Lizabeth, baby, I'm comin' to join ya.

    Let's see how accurate we are in predicting the US stock market performance on Monday, after the Brexit vote and large drop on Friday.

    The poll will close at midnight CDT so you can't wait and see what the European markets do first.

    Note - I've always bee terrible at predicting these things, one of many reasons I'm not rich.
     
  2. ironthinker

    ironthinker Well-Known Member

    I guessed the Brits would leave, so did well shorting on Friday. I will say Monday will be a down day followed by an positive Tuesday.
    I feel the economy is very weak world wide because of debit at all levels. I see deflation, not growth.
     
  3. Bama Samurai

    Bama Samurai with Laser-like Focus

    I see a rally in stocks around companies that operate mostly in the USA, with big gains in the civilian gun and ammo, security, logistics/shipping, defense and petroleum sectors.
     
  4. mikewood

    mikewood Well-Known Member

    I think that's a really good call.
    The rest of the markets might break even day with some gains in British blue chips.


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    Bama Samurai likes this.
  5. Jim99

    Jim99 Gold Water Shaver

    European markets will be down, US markets up and Asian markets all over the place.

    I see this as a buying opportunity.
     
    whaap likes this.
  6. Erik Redd

    Erik Redd Lizabeth, baby, I'm comin' to join ya.

    Futures indicate a lower open, but we'll see where it is at the close.
     
  7. Jim99

    Jim99 Gold Water Shaver

    I was just checking that. US futures are down by around 100 points. European markets are down by about 1% and Asian markets are mixed.
     
    Robyflexx likes this.
  8. Erik Redd

    Erik Redd Lizabeth, baby, I'm comin' to join ya.

    upload_2016-6-27_16-44-9.png

    Well, what idiot voted they would end the day up? (I know, it was me :ashamed001:)
     
  9. Bama Samurai

    Bama Samurai with Laser-like Focus

    I think I was mostly wrong to mixed in my sector analysis too.
     
    Erik Redd likes this.
  10. Erik Redd

    Erik Redd Lizabeth, baby, I'm comin' to join ya.

    Maybe tomorrow we will have a dead cat bounce.
     
  11. Redfisher

    Redfisher Doesn't celebrate National Donut Day

    I figure tomorrow down some more. Nobody knows what to think of this Brexit thing.
     
    Robyflexx likes this.
  12. PickledNorthern

    PickledNorthern Fabulous, the unicorn

    [​IMG]


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  13. mikewood

    mikewood Well-Known Member

    Looks like today is the day to buy it all back.


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  14. Col C

    Col C Well-Known Member

    Interesting - I have been buying new firearms. I do not intend to use any of them - they are increasing in value 5% to 10% per year if you leave them new in the box. Better than any of my money market of CD investments.
     
  15. Bama Samurai

    Bama Samurai with Laser-like Focus

    I fear a day may come when the true currency is 5.56x45 and cigarettes.
     
  16. Col C

    Col C Well-Known Member

    And maybe whiskey.
     
  17. Bama Samurai

    Bama Samurai with Laser-like Focus

    No doubt.
     
    Col C likes this.

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