Monday, March 20, 2017

Indices closed mixed.....

Indices closed mixed.

 S&P 500 @ 2373.47, low 2369.66, high 2379.55

 RSI @ 58.83

 CMF @ 0.174

 Internals were :

 Down volume led by 1.59 to 1 in NYSE & .89 to 1 in Nasdaq

 Declining stocks led by 1.40 to 1 in NYSE & 1.56 to 1 in Nasdaq

 Net new 52 wk highs were leading by 86 in NYSE & 113 in Nasdaq

 VIX UP .53% @ 11.34

 Oil @ $48.22

 Gold @ $1234.00

 AH Futures Down

 AH Asian Markets Down

 AH Oil & Gold UP

 About market, TAPE was weak due to lower oil, Nasdaq closed @ green and made a new all time high @ intraday and @ close.Internals behave better than close, they were mostly positive. Semiconductor stocks were strong and few made new 52 wk high.Financials were weak. While this TAPE is marking time, it is a good time to improve portfolio quality for better performance.

 BLOG does NOT give buy or sell.

 Saleem
at

6 comments:

  1. Stocks100March 21, 2017 at 7:05 AM


    Hi Stocktrader,

    Bought MU @ $26.26.

    Saleem

    ReplyDelete
  2. stocktrader_1996March 21, 2017 at 7:17 AM

    Hi Saleem,

    Bought SPLK @ 61.91

    Stocktrader

    ReplyDelete
  3. stocktrader_1996March 21, 2017 at 7:17 AM

    Hi Saleem,

    Good luck with MU, earnings this week!

    Stocktrader

    ReplyDelete
  4. Stocks100March 21, 2017 at 8:13 AM

    Hi Stocktrader,

    Good luck with SPLK.

    Saleem

    ReplyDelete
  5. stocktrader_1996March 21, 2017 at 8:45 AM

    Hi Saleem,

    Added to SPLK @ 60.55

    If the "reflation trade" is sputtering, I can't think of a better stock to be in. It is also in a range of major support.

    Stocktrader

    ReplyDelete
  6. Stocks100March 21, 2017 at 9:02 AM

    Hi Stocktrader,

    Good luck with more SPLK.

    Saleem

    ReplyDelete