Indices closed UP.
S&P 500 @ 2113.32, high 2113.32, low 2092.80
RSI @ 61.16
CMF @ 0.152
Internals were :
UP volume led by 9.19 to 1 in NYSE & 5.75 to 1 in Nasdaq
Advancing stocks led by 4.98 to 1 in NYSE & 3.57 to 1 in Nasdaq
Net new 52 wk highs were leading by 205 in NYSE & 67 in Nasdaq
VIX Down 18.52% @ 17.25
Oil @ $50.11
Gold @ $1263.10
Stocks which were UP 3% CNQ CMG NTES TWTR
LNG SPLK SPWR QRVO SU SINA SU SSYS
TK RIG FEYE VDSI YELP TCK CRUS
CSOD MS GS.......
AH ER...DLTR UP 2.19%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was on fire and closed @ absolute high of the day on optimism about stay voting.Internals were super strong. Early report tonight is putting a damper on stay vote as leave is showing early lead, US$ is strong, Gold is UP and oil is down. By open tomorrow we will have the final result which comes out @ around 2 AM. Friday there is a closing BLOG only around 7 PM.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
Bought TASR @ 23.13
The last few quarters has shown their expense increase to expand their business has moderated which should lead to earnings leverage going forward, and the new business model of cloud-stored body camera footage continues to grow worldwide and should provide predictable cash flows for years.
Portfolio: SPLK TMF HD SODA NXPI WLH TASR OLED IBP FIT GWPH
Current cash is only about 3%, but I plan to sell FIT at close. Also, when/if I finally sell TMF, it will have the effect of making me more long as well as freeing up cash.
Stocktrader
Hi Stocktrader,
Good luck with TASR.
Added 15% CNQ @ $29.80
Saleem
Hi Saleem,
Good luck with CNQ.
Added to TMF @ 106.83
I felt I needed more of this hedge/speculative play as Brexit makes global growth even more sluggish and US rates are still very high compared to the rest of the world.
I think TMF will work better than TZA because I'm not sure stocks need to fall with all the crazy amounts of easy money that will likely enter the system even more now, so TMF serves the dual purpose of hedge and speculation in the perfect way I believe.
Stocktrader
Hi Stocktrader,
Good luck with more TMF.....it is working big time today$$$$
Saleem
Hi Saleem,
Trimmed some HD @ 127.26 as it really didn't fall today and there were some conflicting sales trends prior to this event.
Bought more TMF @ 106.11
Stocktrader
Hi Stocktrader,
Good luck with more TMF.
Saleem
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