Indices closed mixed.
S&P 500 @ 2112.13, high 2119.22, low 2110.18
RSI @ 63.91
CMF @ 0.168
Internals were :
UP volume led by 1.61 to 1 in NYSE & 1.33 to 1 in Nasdaq
Advancing stocks led by 1.67 to 1 in NYSE & 1.07 to 1 in Nasdaq
Net new 52 wk highs were leading by 220 in NYSE & 85 in Nasdaq
VIX UP 2.93% @ 14.05
Oil @ $50.36
Gold @ $1244.40
In my portfolio :
Sold CNQ @ $31.28
Added 55% TWTR @ $15.00
Stocks which closed green included JKS JCP UA CNQ
LNG NXPI SPLK PCLN AAPL QRVO LVS COH
CTSH LEN TSLA EXPE SU EBAY FFIV CHK
RIG LNG FSLR MU CIEN AAL LRCX
ZG CRUS MGA WYNN AGU
MLNX......
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE continued its higher run for 2016. By close indices closed near low of the day, TAPE seems tired and may need time to digest recent gains. VIX stubbornly have been staying positive for two days, may be signalling a mini pullback. Important to book gains or risk losing it. Look @ RSI for selling and buying @ this stage.
BLOG does NOT give buy or sell.
Saleem
4 comments:
Hi Saleem,
Just noticed your buy/sell. Nice run on CNQ again! Good luck with extra TWTR!
Stocktrader
Hi Stocktrader,
Thanks for your message.
Bought VRX @ $ 24.03
Saleem
Hi Stocktrader,
Sold UA @ $38.35
Saleem
Hi Saleem,
Good luck with the adjusted positions. I tried VRX once and got burned, but now it is even lower. It must have value somewhere?! :)
Stocktrader
Post a Comment