Tuesday, September 19, 2017

Indices closed UP.10% to .18%....NICE !!!!

Indices closed UP.

S&P 500 @ 2506.65, high 2507.84, low 2503.19

RSI @ 67.02

CMF @ 0.282

Internals were :

UP volume led by 1.11 to 1 in NYSE & 1.30 to 1 in Nasdaq

Advancing stocks led by 1.12 to 1 in NYSE & 1.03 to 1 in Nasdaq

Net new 52 wk highs were leading by 146 in NYSE & 173 in Nasdaq

VIX UP .30% @ 10.18

Oil @ $49.48

Gold @ $1310.60

Stocks which closed green included NFLX
SHOP GOOG FB OLED MU TWTR
CNQ TECK FCX BAC LVS V MA
PCLN WB LNG YELP WYNN
GS CRUS KORS FSLR CMG.....

In my portfolio :

Sold MOMO @ $36.09 in AH

Bought AAPL @ $158.43 in AH

AH ER...BBBY Down 12,76%, ADBE Down 3.32%

AH Futures Down

AH Asian Markets Mixed

AH Oil & Gold UP

About market, TAPE continued its move UP in record territory in Dow & S&P 500 where it notched another all time high. Internals were positive. Its all about Fed statement @ 2 PM, handicapping Fed statement has not helped many, they will make a very gradual move into any future changes with plenty of notice, which should help positive sentiment in markets.

BLOG does NOT give buy or sell.

Saleem

7 comments:

stocktrader_1996 said...

Hi Saleem,

A little late, but good luck with the swap!

Stocktrader

joseph said...

Hi Saleem and Stocktrader,

Due to hurricane Irma, I had to go to another building to work for a week. Luckily my family is safe here. We had to move to a shelter for a day. It was so difficult to live without AC, light, internet and phone for five days. Everything is fine now and back to normal.

Hope everyone is fine.

Thanks for sharing your trades and good luck to everyone.

Joseph

stocktrader_1996 said...

Hi Joseph,

Oh wow I didn't realize what you were going through--I'm glad you are safe and back to normal!

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought a speculative position in FSLR @ 48.27

This is mostly a play on an expected positive outcome in the ITC ruling on Friday, supported by chart technicals bouncing off the 50 DMA and supportive energy prices.

Stocktrader

Stocks100 said...


Hi Joseph,

Sad to hear about your challenges for 5 days.

Sometimes we all face situation which is beyond our control and get caught unprepared for many things.....but we do our best to deal with whatever comes our way.

Happy that it all ended in 5 days.

Thanks for informing us.

Saleem

Stocks100 said...


Hi Stocktrader,

FSLR and JKS have been doing very well.

Good luck!

Saleem

Stocks100 said...


Hi Stocktrader,

Added 15% AMD @ $12.90.

Saleem