Thursday, September 7, 2017

Indices closed mixed.....

Indices closed mixed.

S&P 500 @ 2465.10, low 2460.29, high 2468.62

RSI @ 54.09

CMF @ -0.064

Internals were :

UP volume led by 1.02 to 1 in NYSE & 1.14 to 1 in Nasdaq

Advancing stocks led by 1.07 to 1 in NYSE & .94 to 1 in Nasdaq

Net new 52 wk highs were leading by 94 in NYSE & 99 in Nasdaq

VIX Down .69% @ 11.55

Oil @ $49.09

Gold @ $1350.30

Stocks which were UP 1% or more included CTRP
BABA BIDU WUBA TSLA MCHP AMZN MU
NTES SNAP VRX TWTR GG TECK FCX V
UA KGC MA JKS MSFT CSIQ SINA SU
EBAY CHK FEYE WB YELP WYNN
TRIP ORCL SHOP MCD AEM 
ULTA LRCX......

AH news...FNSR Down 6.82%, ZUMZ UP 12.88%

AH Futures Down

AH Asian Markets Down

AH Oil & Gold UP

About market, TAPE was mixed but closed near high of the day. Nasdaq stocks performed well and closed green. Many stocks are showing strength again, this includes many Chinese stocks. Many stocks are making new highs, those are the stocks to chase. Weather is playing a role in subdued trading. There is only a closing BLOG on Friday's around 7 PM.

BLOG does NOT give buy or sell.

Saleem


3 comments:

stocktrader_1996 said...

Hi Saleem,

Bought a speculative position in INCY @ 129.77 on the secondary

Stocktrader

Stocks100 said...

Hi Stocktrader,

Speculation is perfect on day of secondary. ..good luck with INCY.

Added 100% AMD @ $12.40....

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with more AMD!

Stocktrader