Thursday, June 8, 2017

Indices closed UP .03% to .39%....NICE !!!!

Indices closed UP.

S&P 500 @ 2433.79, high 2439.27, low 2427.94

RSI @ 65.04

CMF @ 0.263

Internals were :

UP volume led by 1.02 to 1 in NYSE & 2.47 to 1 in Nasdaq

Advancing stocks led by 1.36 to 1 in NYSE & 1.98 to 1 in Nasdaq

Net new 52 wk highs were leading by 81 in NYSE & 130 in Nasdaq

VIX Down 2.21% @ 10.16

Oil @ $45.64

Gold @ $1279.50

Stocks which were UP 1% or more BABA FB SWIR OLED
BBRY CTRP TSLA AMD OTEX IAG SWKS NVDA CY
CY BAC TECK FCX UA LVS WYNN JKS CSIQ FSLR
SPWR GS MS SHOP CRUS KORS AAL X LRCX
CNX EXPE EBAY FFIV FEYE ...

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold Down

About market, TAPE closed @ green despite anxiety about British election, Dow made a new intraday all time high, Nasdaq made a new closing all time high, S&P 500 missed by few points. Internals were positive. Many stocks vaulted to new highs, strong stocks getting stronger.There is only a closing BLOG on Friday's around
 7 PM.

BLOG does NOT give buy or sell.

Saleem


10 comments:

Stocks100 said...


Hi Stocktrader,

Sold BABA $148.00

Bought BIDU @ $184.67

stocktrader_1996 said...

Hi Saleem,

Nice run on BABA--good luck with the swap!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added to MU @ 30.16

I think the memory cycle extends longer than people expect, and the multiple bidding scenario at Toshiba still well for valuation.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought AAOI @ 63.84

My entry back into the optical space :)

Stocktrader

Stocks100 said...

Hi Stocktrader,

Good luck with AAOI and more MU......

Saleem

stocktrader_1996 said...

Hi Saleem,

Sold YEXT @ 12.22

This position does not appear to be working, and I don't have a catalyst to buck the trend, especially as tech speculative power may be waning.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Added more to AAOI @ 64.23

I was a bit short on cash to get the kind of position I wanted, so after selling YEXT I added more AAOI. It is still fairly speculative, but is a more respectable-sized position now :)

Stocktrader

Stocks100 said...

Hi Stocktrader,

Sold OLED @ $125.00

Added 110% SWIR @ $29.45

Saleem

Stocks100 said...


Hi Stocktrader,

Good luck with more AAOI.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Nice run and sell on OLED! Good luck with more SWIR :)

Stocktrader