Indices closed mixed due to AAPL weakness.
S&P 500 @ 1697.60, high 1704.95
RSI @ 64.18
CMF @ 0.068
Internals were :
UP volume led by 2.28 to 1 in NYSE & 1.12 to 1 in Nasdaq
Advancing stocks led by 2.14 to 1 in NYSE & 1.20 to 1 in Nasdaq
Net new 52 wk highs were leading by 205 in NYSE & 164 in Nasdaq
VIX UP 1.55% @ 14.38
Oil @ $106.59
Gold @ $1317.80
Stocks which were UP 1% or more included LULU
NTES AGU POT MU YHOO CF CSIQ C
EXPE BRCM SPWR MGA MS GS...
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE stayed resilient until close despite leaders were weak in Nasdaq. I expect S&P 500 to make a new high in this run. Internals remained healthy.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hey Saleem,
I made a mistake yesterday. For some reason I thought GSVC had exposure to FireEye, but it does not. Although it has a large exposure to Twitter, that catalyst is further out and has already been priced in to probably a decent degree. To its credit, it also has various other great companies close to coming public, but being it's not exactly what I thought and has questionable reason to rise from here, I'm looking to sell and find a different opportunity.
Stocktrader
Hi Stocktrader,
It is good to review & double check thesis for any purchase....i am glad you double checked & found something lacking.
Saleem
Hey Saleem,
Sold GSVC @ 13.391.
Stocktrader
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