Indices closed UP.
S&P 500 @ 2477.83, high 2481.67, low 2474.94
RSI @ 67.36
CMF @ 0.196
Internals were :
UP volume led by .76 to 1 in NYSE & 1.42 to 1 in Nasdaq
Advancing stocks led by 1.02 to 1 in NYSE & .94 to 1 in Nasdaq
Net new 52 wk highs were leading by 156 in NYSE & 159 in Nasdaq
VIX UP .17% @ 9.60, low today 8.85...
Oil @ $48.75
Gold @ $1249.40
Stocks which were UP 2% or more included BIDU AMD
MCHP CTRP OTEX IAG KGC BABA GG TECK
JKS AEM X LRCX.......
In my portfolio :
Sold AMD @ $14.78
Added 100% TWTR @ $19.43
Added 80% WB @ $76.24
AH ER.....PYPL UP 2.23%, FB UP 3.32%
FB earning was a beat on Sales and beat on earning by 19 cents
Every metric saw growth, earning was UP a whopping 71% this Q.
FB is guiding to spend less and expenses were less than anticipated for reported Q, this was a big relief in AH. Stock price went down to $158 @ low of AH and high was $173.44, on AH volume of 11 million shares.
AH Futures UP
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE closed UP. S&P 500, Dow & Nasdaq all made a new all time high. Earning season has been better than expected so far. Thursday is TWTR, AMZN & BIDU earnings, they are expected to be better than consensus. Internals were mixed. Fed statement of no change in interest rates was expected, balance sheet issue is being looked @ for early resolution.
BLOG does NOT give buy or sell.
Saleem
ReplyDeleteHi Stocktrader & Explorer,
Sold FB @ $178.50
Saleem
Hi Stocktrader,
ReplyDeleteSold BIDU $204.50.
Saleem
Hi Stocktrader,
ReplyDeleteSold AAPL $154.24
Saleem
Hi Saleem,
ReplyDeleteThanks for the write up on FB. You booked good $$$ today. Congrats! RSI is a concern for FB but it received several upgrades.
PYPL also got decent upgrades. I'll take profits on FB as well.
Thanks,
Explorer
ReplyDeleteHi Stocktrader,
Sold MOMO @ $44.69.
Saleem
Hi Saleem,
ReplyDeleteWow, big taking profits! Nicely done! :)
Stocktrader
Hi Saleem,
ReplyDeleteAdded a little to HUBS @ 73.70
Stocktrader
Hi Saleem,
ReplyDeleteBought BAC @ 24.21
With the dynamics seemingly in place for a steeper yield curve and economic activity continuing well so far, BAC could be well positioned for an up move.
Stocktrader
ReplyDeleteHi Stocktrader,
Good luck with BAC and more HUBS...
Saleem