Nasdaq closed @ absolute high point of the day @ 2468.77...RSI @ 72.94..
While Nasdaq went UP 1.37%.....declining stocks were in the lead....decliners 1322 vs advancing stocks of 1225..I have never seen internals this contradictory???
VIX closed down 4.28% @ 19.03
In my portfolio :
Went short on AAPL @ $314.45 reasons RSI @ 82.18.....too much "euphoria" about its earnings..hoping for "sell in the news"....YES..will keep my position after ER on Monday.....
Portfolio is Long LVS..Short AAPL....
By noon Saturday will come up with some trading opportunities.
BLOG does NOT give buy or sell.
Saleem
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