Indices closed UP.
S&P 500 @ 2081.34, high 2083.74, low 2044.02
RSI @ 45.59
CMF @ -0.057
Internals were :
UP volume led by 1.76 to 1 in NYSE & .89 to 1 in Nasdaq
Advancing stocks led by 1.47 to 1 in NYSE & .70 to 1 in Nasdaq
Net new 52 wk lows were leading by 249 in NYSE & 127 in Nasdaq
VIX Down 5.41% @ 16.09
Oil @ $52.33
Gold @ $1152.60
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE recovered nicely to close @ high of the day. The breakdown in Chinese stocks is not a good thing. I have a feeling that TAPE will test low of today and may fail. Market is not getting Greek debt issue resolved, it may still go on & on beyond new deadline of Sunday. Dow & S&P 500 went below 200 DMA and internals are not very healthy @ all. Make sure your comfort level is very high with your holding.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Sold my Chinese stocks on the morning recovery:
Sold JMEI @ 18.00
Sold NOAH @ 21.82
Sold MOMO @ 13.861
Some of these probably are good buys instead of sells here, but it's too hard for me to figure out the downside possibilities right now...
Stocktrader
Hi Saleem,
Bought PANW @ 170.35.
Stocktrader
Hi Saleem,
Bought NXPI back @ 93.00 :)
Stocktrader
Hi Saleem,
Bought speculative position in LBIO @ 8.885 avg.
Stocktrader
Hi Stocktrader,
Good luck with PANW, NXPI & LBIO.
Saleem
Post a Comment