Indices closed down.
S&P 500 @ 2711.93, low 2709.79, high 2739.14
RSI @ 45.74
CMF @ -0.072
Internals were :
UP volume led by 1.48 to 1 in NYSE & 1.22 to 1 in Nasdaq
Advancing stocks led by 1.35 to 1 in NYSE & 1.49 to 1 in Nasdaq
Net new 52 wk low were leading by 72 in NYSE & highs by 45 in Nasdaq
VIX Down 1.87% @ 17.86
Oil @ $65.17
Gold @ $1321.50
Stocks which were UP 1% or more included SNAP
FSLR MOMO NTES ABX GG KGC AEM CNQ
AMD CSIQ AMAT FCX LEN LRCX SU TECK
TSLA VECO FNSR VRX CHK TK RIG LNG
FEYE TWTR MGA OSTK TNA KBH CMG..
In my portfolio, in after hour mostly :
Bought NVDA @ $249, minutes before close.
Bought BZUN AH @ $50.45
Bought MU AH @ $61.18
Portfolio MU 34.90%, NVDA29.40%, BZUN 14.90%, CTRP 14.60%, SNAP 6.20% in terms of weighting
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE reacted to Fed policy announcement and rate hike of .25%, first by going UP 250 points on the up move and usual down move came and we lost all the gains and closed @ low of the day.Fed was extremely supportive of this market by confirming total of 3 hikes in 2018 and potential of 3 in 2019 due to faster growth in GDP. Thursday, we should see appreciation of Fed's balanced approach articulated clearly.
BLOG does NOT give buy or sell.
Saleem
3 comments:
Hi Stocktrader,
Bought FSLR @ $72.20
Saleem
Hi Saleem,
Good luck on FSLR!
Bought BABA @ 188.30
Data points indicate a possible blowout quarter, and the stock is down 6% in just a week.
Stocktrader
Hi Stocktrader,
Good luck with BABA.
Saleem
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