Monday, August 15, 2016

Indices closed UP .28% to .56%....NICE !!!!

Indices closed UP

 S&P 500 @ 2190.15, high 2193.81, low 2186.08

 RSI @ 64.91

 CMF @ 0.263

 Internals were :

 UP volume led by 2.90 to 1 in NYSE & 3.02 to 1 in Nasdaq

 Advancing stocks led by 1.89 to 1 in NYSE & 2.24 to 1 in Nasdaq

 Net new 52 wk highs were leading by 222 in NYSE & 203 in Nasdaq

 VIX UP 2.25% @ 11.81

 Oil @ $45.74

 Gold @ $1347.50

 Stocks which were UP 1% or more AKS CNQ NTES JCP UA VRX
KORS BIDU CTRP PANW SPLK LULU TWTR AAPL OLED
NXPI LVS WYNN JKS CSIQ LEN QRVO SINA WB CHK
SWN TK SSYS RIG FEYE LNG MU CIEN TCK CRUS 
DATA MGA MS FCX ZG AGU......

 AH Futures Down

 AH Asian markets Mixed

 AH Oil Down

 AH Gold UP

 About market, TAPE was strong and we ended up @ new all time highs in all major indices. Internals were strong all over.Many sectors participated in today's rally, higher oil was the catalyst. Nasdaq RSI @ 71.45. 

 BLOG does NOT give buy or sell.

 Saleem
at

7 comments:

  1. Stocks100August 16, 2016 at 6:13 AM


    Hi Stocktrader,

    Added 60% GG @ $19.02 in pre-market.

    Saleem

    ReplyDelete
  2. Stocks100August 16, 2016 at 6:34 AM


    Hi Stocktrader,

    Sold NTES @ $216.00

    Saleem

    ReplyDelete
  3. stocktrader_1996August 16, 2016 at 6:38 AM

    Hi Saleem,

    Good luck with more GG!

    NTES worked well for you multiple times--well done!

    Added a small amount to AKS @ 5.29

    Stocktrader

    ReplyDelete
  4. Stocks100August 16, 2016 at 6:38 AM


    Hi Stocktrader,

    Added another 100% AKS @ $5.39.

    Saleem

    ReplyDelete
  5. Stocks100August 16, 2016 at 6:56 AM


    Hi Stocktrader,

    Thanks for your comment on my NTES trades....

    NTES earnings is tomorrow AH...first time i am skipping earnings, which has been a great success this year for me.

    Saleem

    ReplyDelete
  6. stocktrader_1996August 16, 2016 at 7:35 AM

    Hi Saleem,

    Despite the conservative comments from DKS (only bringing it a few % off the highs), DKS is well positioned for the future. Can easily see this fetching $70+ by year end. The question is where is the good entry point?

    Stocktrader

    ReplyDelete
  7. Stocks100August 16, 2016 at 8:04 AM


    Hi Stocktrader,

    Stocharts thinks DKS is headed to $100......

    Saleem

    ReplyDelete