Indices closed down.
S&P 500 @ 2584.62, low 2566.33. high 2586.50
RSI @ 63.83
CMF @ 0.240
Internals were :
Down volume led by 1.17 to 1 in NYSE & 1.62 to 1 in Nasdaq
Declining stocks led by 1.67 to 1 in NYSE & 1.62 to 1 in Nasdaq
Net new 52 wk lows were leading by 6 in NYSE & 18 in Nasdaq
VIX UP 7.36% @ 10.50
Oil @ $57.17
Gold @ $1287.50
AH news...NVDA UP 3.20%, JWN Down 1.55%
AH Futures Down
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE was under severe selling pressure with Dow being as low as 250 points, all due to new details on Tax reforms, indices managed to trim some loss by close. Internals were negative. Some stocks survived this intense selling, news from NVDA is very good, which should help that sector of the market. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Explorer,
Strong report from NVDA--hope those calls work out well! :)
Stocktrader
Hi Explorer,
Good luck with your calls.
Saleem
Thanks Saleem & Stocktrader,
I have 210 DEC 15 calls. I played a lot with forth quarter earnings & I have been lucky with each trade I executed so far.
PCLN would have been another jackpot. I missed it but no regrets.
Thanks,
Explorer
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