Indices closed UP.
S&P 500 @ 2552.07, high 2552.51, low 2540.02
RSI @ 78.42
CMF @ 0.500
Internals were :
UP volume led by 2.01 to 1 in NYSE & 1.75 to 1 in Nasdaq
Advancing stocks led by 1.55 to 1 in NYSE & 1.63 to 1 in Nasdaq
Net new 52 wk highs were leading by 259 in NYSE & 275 in Nasdaq
VIX Down 4.57% @ 9.19, low today 9.13, 52 wk low 8.84
Oil @ $50.79
Gold @ $1273.20
Stocks which were UP 1% or more included AAPL CTRP NFLX SQ
ROKU GOOG AMZN FB JD VRX SWIR TWTR BAC GS MS
TECK FCX MA MSFT PCLN RIG FEYE LNG DATA MCD
KBH CMG M PANW CNX......
AH news...COST Down 2.91%, YUMC UP 3.08%
In my portfolio in AH :
Sold NFLX @ $194.89
Added SHOP to full position @ $100.00
AH Futures Down
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE continued its biggest bull run in history, all indices closed @ new all time high. Internals improved to positive all around. RSI in RUT 82.55, S&P 500 @ 78.42, Dow @ 79.57 and Nasdaq @ 70.70, continues to put fear in my comfort level with this TAPE, will book any profit in a hurry and move to low RSI in my portfolio. It is all about jobs report @ 830 AM, expectations are 100K, this number can go either way. There is only a closing BLOG around 7 PM on Friday's.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Saleem,
Great gains on NFLX again--good luck with SHOP!
Bought BAC @ 26.25
Needed to participate, especially with the huge increase in wages in September. Multiple rate hikes certainly appear imminent.
Stocktrader
Hi Saleem,
Bought some X @ 26.15
Trying to find stocks that may have room to run, but are part of a strong economy.
Stocktrader
Hi Stocktrader,
Added 25% SHOP @ $96.40
Good luck with BAC and X.
Saleem
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