Indices closed mixed.
S&P 500 @ 2473.45, low 2468.43, high 2477.62
RSI @ 66.87
CMF @ 0.076
Internals were :
Down volume led by 1.31 to 1 in NYSE & .71 to 1 in Nasdaq
Declining stocks led by 1.01 to 1 in NYSE & .87 to 1 in Nasdaq
Net new 52 wk highs were leading by 206 in NYSE & 157 in Nasdaq
VIX Down 2.15% @ 9.58
Oil @ $46.79
Gold @ $1245.50
Stocks which were UP 1% or more included AMD TWTR
TSLA VRX SWKS QRVO CY ABX AEM TK FSLR
CIEN CSOD NKE.....
AH news....EBAY Down 5.19%, V UP .91%
AH Futures Mixed
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was in a very narrow range and closed mixed. S&P 500 made a new intraday all time high, Nasdaq closed @ new all time high. Internals were weak. CMF is positive in all major index. Earnings were generally beat but AH action was negative. Next week is important earnings report like GOOG AMD FB TWTR AMZN BIDU. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
6 comments:
Hi Saleem,
Sold BAC @ 23.89
I think the timing is wrong for this stock. I'll revisit at a later point.
Stocktrader
Hi Stocktrader,
Good luck with next set of picks.
Sold LULU $61.65
Saleem
Hi Saleem,
Nice run on LULU!
If PETQ isn't outrageously high at the start of trading, I might try to pick up some. I've often found Fridays are good days to pick up IPOs because a lot of people aren't around or reaching for speculation at the end of the week.
Stocktrader
Hi Stocktrader,
Added 100% AMD @ $13.93
Saleem
Hi Saleem,
Good luck with more AMD!
Bought some PETQ @ 21.00, we'll see how it goes lol
Stocktrader
Hi Stocktrader,
Good luck with PETQ.....who knows....your buying thesis may be dead on$$$$$
Saleem
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