Indices closed down.
S&P 500 @ 2263.69, 2258.41, high 2274.33
RSI @ 54.29
CMF @ 0.133
Internals were :
Down volume led by 2.42 to 1 in NYSE & 1.87 to 1 in Nasdaq
Declining stocks led by 2.99 to 1 in NYSE & 2.55 to 1 in Nasdaq
Net new 52 wk highs were leading by 60 in NYSE & 53 in Nasdaq
VIX UP 2.40% @ 12.78
Oil @ $51.37
Gold @ $1201.50
AH news....SWKS UP 7.57%, IBM Down 2.21%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was under inauguration jitters, indices managed to close above lows of the day. Internals were weak. Friday may be low volume day, as everyone will be glued to live feed from DC. SWKS earning report is a good one with strong buyback. Hopefully Nasdaq will show strength for Friday.There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Bought TNA @ 99.65 to increase market exposure.
Stocktrader
Hi Stocktrader,
Good luck with triple bull small cap exposure.
Saleem
Hi Saleem,
Current portfolio: TECK HBAN LYB NEFF CHK GM SPLK BABA DRFG ZYNE TNA MJCO, cash 0.0%
Stocktrader
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