Indices closed mixed.
S&P 500 @ 2396.92, low 2392.44, high 2403.87
RSI @ 63.73
CMF @ 0.110
Internals were :
UP volume led by .80 to 1 in NYSE & 1.38 to 1 in Nasdaq
Advancing stocks led by .77 to 1 in NYSE & 1.02 to 1 in Nasdaq
Net new 52 wk highs were leading by 140 in NYSE & 106 in Nasdaq
VIX UP 1.94% @ 9.96
Oil @ $45.88
Gold @ $1216.10
Stocks which were UP 2% or more included CY OCLR
TSLA FNSR BABA MU CTRP WB VRX BIDU M
JKS CSIQ SPWR WYNN OPK AAL.....
AH ER :
TRIP UP 6.03%
NVDA UP 10.51%
PCLN Down 3.46%
ACIA Down 14.98%
YELP Down 28.27%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE showed its resiliency and upward bias despite lower oil. Nasdaq closed @ a new all time high, while S&P 500 made a new all time high on an intraday basis. Earnings were mostly positive AH. Breaking news was the ouster of FBI Director Comey, a surprise news for sure, markets do not like surprises like that. Hopefully by close we should recover.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Took some profits after recent runs:
Sold DAL @ 49.80
Sold URI @ 112.45
Sold BAC @ 24.00
Stocktrader
Hi Stocktrader,
Good move in booking gains.
Saleem
Hi Saleem,
Sold HUN @ 25.74
I think a lot of the positive catalysts have played out, especially with how well they have telegraphed the spinout.
Portfolio: BABA MU SPLK RCL ZYNE CHK PLNT KBH MJCO, exposure 63.8%
I see the $VIX starting to creep up today even as the market rallies. I think this is important to watch.
Stocktrader
Hi Saleem,
Sold SPLK @ 67.21 to take profits.
Stocktrader
Hi Stocktrader,
Nice moves in booking more profits $$$$
Saleem
Post a Comment