Where do you guys check the pre-market reports?
DOW heading 20K !
- Thread starter frayne
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Where do you guys check the pre-market reports?
One place is http://money.cnn.com/data/premarket/
audreyh1
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Wow - I guess the run really is back on. Animal spirits!!!
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Another Reader
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Only 58 more points!
Shhhhhhh.....
SecondCor521
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+20000.
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frayne
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Is today the day, DOW at 19995 !!!!!!!!!!
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It got within 1.18 points (0.006%) at 12:42.
audreyh1
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It got to 19,999.63 according to CNBC.
And it looks like it's making another run now!
And it looks like it's making another run now!
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frayne
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W2R
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GalaxyBoy
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Intraday high so far today is 19,999.63. Maybe tomorrow (like it means anything).
Edit: Oops, you already beat me to it!
Edit: Oops, you already beat me to it!
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SecondCor521
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Just for curiosity, I did the math, and as far as I can figure, if, when it hit 19,999.63, the price of that Dow stock that was traded had an execution price of 6 cents higher, it would have resulted in the Dow reaching 20,000:
https://en.wikipedia.org/wiki/DJIA_divisor
https://www.google.com/search?q=0.1...=UTF-8#q=0.14602128057775+*+(20000+-+19999.63)
So yeah, close enough in my book.
I have sometimes wondered in situations like this if it would be possible to put in an order and deliberately overpay for some shares of stock in an index, figuring when the trade went through that I would own "the" shares which made the Dow go through $20K. Like buying 2 shares of PFE for $200. Heck, maybe doing so those shares might be considered a collectible item?
I don't know if they recalculate the average with every single trade of every single stock in the DJIA or not.
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frayne
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Missed it by .37 that much, @#$%^&*(*&^%()!!!!!!
Texas Proud
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Just for curiosity, I did the math, and as far as I can figure, if, when it hit 19,999.63, the price of that Dow stock that was traded had an execution price of 6 cents higher, it would have resulted in the Dow reaching 20,000:
https://en.wikipedia.org/wiki/DJIA_divisor
https://www.google.com/search?q=0.1...=UTF-8#q=0.14602128057775+*+(20000+-+19999.63)
So yeah, close enough in my book.
I have sometimes wondered in situations like this if it would be possible to put in an order and deliberately overpay for some shares of stock in an index, figuring when the trade went through that I would own "the" shares which made the Dow go through $20K. Like buying 2 shares of PFE for $200. Heck, maybe doing so those shares might be considered a collectible item?
The answer to your question is "NO".... you cannot overbid and pay more than what someone has offered to sell the shares....
If I offer to sell 1000 shares at $10.00.... and you bid $10.50.... you will buy them at $10.00...
I wonder how much (how many dollars total) it would have taken us as a group to buy and bid up one or more Dow stocks to push the average to the "magical" 20k today. I don't even know the order of magnitude. Would $1 million have done it? $10m? $100m?
W2R
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I don't think it counts until it CLOSES at 20K, anyway. So what if it bobbles over the line momentarily during the day. Just my opinion...
SecondCor521
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Ah. Oh well, now I know that I didn't miss those opportunities back at 10K and 15K when I had the idea.
As regards the first part of my original quote, I kinda wonder if this guy plagiarized me:
Dow misses 20,000 milestone by about a nickel - MarketWatch.com
ETA: I guess I did the math right.
jazz4cash
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Anybody besides me believe the failure to push through Dow 20k is quite bearish?
Once it got close I expected nothing could prevent a close above 20k followed by some backing and filling. Lots of emotional energy and anticipation is driving the Dow right now.
Once it got close I expected nothing could prevent a close above 20k followed by some backing and filling. Lots of emotional energy and anticipation is driving the Dow right now.
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