Indices closed mixed.
S&P 500 @ 2064.11, low 2053.13, high 2073.99
RSI @ 49.76
CMF @ 0.134
Internals were :
Down volume led by 1.51 to 1 in NYSE & 3.05 to 1 in Nasdaq
Declining stocks led by 1.06 to 1 in NYSE & 2.10 to 1 in Nasdaq
Net new 52 wk highs were leading by 98 in NYSE & lows by 73 in Nasdaq
VIX Down 1.91% @ 14.41
Oil @ $46.70
Gold @ $1271.20
AH ER.....DDS Down 5.18%, JWN Down 17.09%
NVDA UP 7.37%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE was extremely unsettled did UP, Down,UP and mixed close. Oil was indecisive also whole day fluctuating from plus to minus to plus. There is lot of churning going on in most stocks where daily range is unbelievable UP 3% then Down 3% and then closing green, that was the story with NTES and many Chinese stocks today. Hedge funds seems to be controlling direction of stocks on an hourly basis. There is only a closing BLOG around 7 PM on Friday's
BLOG does NOT give buy or sell.
Saleem.
3 comments:
Hi Saleem,
Sold AMZN @ 717.37 to take profits.
Stocktrader
Hi Saleem,
Bought WLH @ 13.83
The quarter and guidance continued to be impressive, allaying my fears of a slowdown in their geographies. After a pullback to support, the valuation and outlook appear very favorable.
I may sell my MTH to reduce my overall housing exposure, but I'll look for an attractive point to do so.
Stocktrader
Hi Stocktrader,
Outstanding profit in AMZN.
Good luck with WLH.
Saleem
Post a Comment