Monday, June 26, 2017

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2439.07, high 2450.42, low 2437.03

RSI @ 59.11

CMF @ 0.267

Internals were :

UP volume led by 2.32 to 1 in NYSE & 1.31 to 1 in Nasdaq

Advancing stocks led by 1.90 to 1 in NYSE & 1.19 to 1 in Nasdaq

Net new 52 wk highs were leading by 140 in NYSE & 152 in Nasdaq

VIX Down 1.20% @ 9.90

Oil @ $43.38

Gold @ $1246.40

Stocks which were UP 1% or more included BBRY
VRX MU CY UA COH CHK LNG GS COH 
MGA ULTA KBH OPK CNX....

AH ER...WDC Down 2.16%

AH Futures UP

AH Asian Markets Mixed

AH Oil & Gold Down

About market, TAPE was mixed with Nasdaq being lower, internals were strong. Indices closed near low of the day. Many stocks are bucking the trend like VRX, BBRY, LULU & MU to name a few. SOX continues its downtrend, weak stocks were QRVO,SWKS & LRCX. FAANG were weak. Blame goes to weak economic data in US.

BLOG does NOT give buy or sell.

Saleem

8 comments:

stocktrader_1996 said...

Hi Saleem,

Sold BABA @ 143.89
Sold GRUB @ 44.51

Taking some profits in tech.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

I was freeing up cash to try and catch URI this morning but it's now run too far. I might just buy back the BABA depending on how things play out...

Stocktrader

Stocks100 said...


Hi Stocktrader,

Booking profit always a good idea.....

Good luck with BABA on re-entry.

Saleem

explorer said...

Hi Salem & stocktrader,

Look at CARA how high it went, I have ZYNE in my portfolio along with ST & Joseph. I am hoping this to hit 35 by end of July.

My Order on GWPH did not fill and now I am looking for AZN

Explorer

stocktrader_1996 said...

Hi Saleem,

Sold KBH @ 23.11 to take profits.

I feel like the portfolio is in a bit of a transition period so I'm taking profits on things that have been running for a while and may have a resting period.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought URI @ 107.85

I'll try it :)

Stocktrader

Stocks100 said...


Hi Explorer,

Good luck with ZYNE & your target for it$$$$

Saleem

Stocks100 said...


Hi Stocktrader,

Good luck with URI.....

Saleem