Indices closed mixed.
S&P 500 @ 2703.96, high 2731.26, low 2697.77
RSI @ 47.24
CMF @ -0.122
Internals were :
UP volume led by 1.25 to 1 in NYSE & .77 to 1 in Nasdaq
Advancing stocks led by 1.09 to 1 in NYSE & .71 to 1 in Nasdaq
Net new 52 wk lows were leading by 37 in NYSE & highs by 9 in Nasdaq
VIX Down 6.49% @ 18.72
Oil @ $62.77
Gold @ $1332.70
Stocks which were UP 1% or more included CTRP NTES SQ
JD CNQ AMD EXPE DNKN FCX TSLA VECO CHK TK
RIG MLNX MCD ULTA SWKS M CNX......
AH news.. FSLR Down 2.35%, ACIA Down 10.37%
OLED Down 12.85%, BJRI UP 11.11%
AH Futures UP
AH Asian Markets UP
AH Oil UP
AH Gold Down
About market, TAPE mixed with Dow & S&P 500 closing UP while Nasdaq was down 4 days in a row. Lot of concern and commentary about rising bond yield, Art Cashin talking from experience saying IF 10 year hit 3% we will be in real trouble in equities, we are not too far from there. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Saleem,
Sold ACIA @ 35.80 after disappointing earnings.
The outlook and conference call suggested that there was no definitive time for growth to return, and I worry about the longer term earnings power now.
Stocktrader
Hi Saleem,
Sold LITE @ 57.85 to take profits
Stocktrader
Hi Stocktrader,
Good luck with your next pick.
Saleem
Hi Saleem,
Bought X @ 42.84
After resting this week, I think it could have legs again. Steel prices continue to rise.
Stocktrader
Hi Stocktrader,
Good luck with X.
Saleem
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