Tuesday, September 12, 2017

Indices closed UP .28% to .34%....NICE !!!!

Indices closed UP.

S&P @ 2496.48, high 2496.77, low 2490.37

RSI @ 64.43

CMF @ 0.051

Internals were :

UP volume led by 2.60 to 1 in NYSE & 1.47 to 1 in Nasdaq

Advancing stocks led by 1.71 to 1 in NYSE & 1.70 to 1 in Nasdaq

VIX Down 1.40% @ 10.58

Oil @ $48.23

Gold @ $1332.70

Stocks which were UP 1% or more included JD NFLX
BZUN BIDU FNSR MU VRX SWIR TWTR BAC
KGC COH SINA CHK RIG CIEN GS DATA
MS SHOP CMG M LRCX CNX......

In my portfolio :

Sold NFLX @ $184.10

Bought JD @ $43.30

AH news....JWN UP 9.88%

AH Futures Mixed

AH Asian Markets UP

AH Oil & Gold UP

About market, TAPE continued its record run with S&P 500 and Nasdaq making a new all time high. Strong stocks kept going UP. Internals were positive all around. AAPL presentation had only 1 surprise iphone X is not available until November with a price tag of $999. Tax reform is coming before end of year but effective Jan 1, that gave boost to indices. Dow is all set to make a new all time high.

BLOG does NOT give buy or sell.

Saleem


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