Indices closed mixed.
S&P 500 @ 2278.87, low 2267.21, high 2279.09
RSI @ 55.36
CMF @ 0.282
Internals were :
UP volume led by 1.30 to 1 in NYSE & 1.18 to 1 in Nasdaq
Advancing stocks led by 1.75 to 1 in NYSE & 1.59 to 1 in Nasdaq
Net new 52 wk highs were leading by 55 in NYSE & 38 in Nasdaq
VIX UP .93% @ 11.99
Oil @ $52.81
Gold @ $1211.40
AH ER...AMD UP 3.57%, AAPL UP 3.02%
AMD earnings reports was a beat on Sales and EPS, guiding higher than expectations.
OCLR guidance was higher than expectations, conference call was upbeat. Down 1.63% AH.
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE erased most of the losses by close, Nasdaq closed UP. CMF is @ highest level in 6 weeks. Indices have discounted damage due to immigration issue. Internals closed positive all over from earlier negative bias. Looks like Wednesday should be a good day. Fed statement should be positive for market.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
Bought the elusive SWKS @ 91.53
Stocktrader
Hi Stocktrader,
Good luck with SWKS. ...elusive no more. .
Saleem
Hi Saleem,
Bought URI @ 128.05
Again, another instance where earnings and guidance were well above my expectations. Specifically with URI, their acquisition should be immediate accretive which drives earnings even more.
Stocktrader
Hi Stocktrader,
Good luck with URI...your NEFF is an absolute winner.
Saleem
Hi Saleem,
I will likely trim NEFF a little after this URI purchase. I'm hoping for a bit of an extension run first :)
Stocktrader
Hi Stocktrader,
Good luck with your "dream price on NEFF "
Saleem
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