Market staged a powerful move UP after finding support.....
Market internals were super strong.....How strong...Here is the today's stat :
UP volume led by 8.17 to 1 NYSE,.....8.19 to 1 in Nasdaq
Advancing stocks led by 4.32 to 1 in NYSE...4.27 to 1 in Nasdaq
New 52 wk highs were 14 in NYSE & 35 in Nasdaq
VIX closed @ lowest level since FEAR days of 09....closing @ 26.36 Down 9.26%
AH PALM ER beat handily UP 13.41% on AH 4.53 million shares.....it is @ new 52 wk High....
AH POT guiding way lower to 70 cents EPS.... vs $1.10-$1.50 which was revised down to begin with earlier...so it is 2nd guide down..Down AH $6.66...taking MOS,AGU,IPI,CF..down also....
Futures are RED...not unexpected considering strong close.....
BLOG does NOT give buy or sell.
Saleem
1 comment:
Hi Madmax,
You don't want to be trapped with a call for very long. The stock might get good news, driving the price well past the call price. Then you miss out on the big move. Better to take lots of little bites, they add up over time.
Best Regards
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