Indices closed mixed.
S&P 500 @ 2726.80, low 2701.74, high 2730.60
RSI @ 50.76
CMF @ 0.029
Internals were :
UP volume led by .73 to 1 in NYSE & 1.71 to 1 in Nasdaq
Advancing stocks led by 1.09 to 1 in NYSE & 1.68 to 1 in Nasdaq
Net new 52 wk highs were leading by 47 in NYSE & 137 in Nasdaq
VIX Down 3.27% @ 17.76
Oil @ $61.15
Gold @ $1327.60
AH news...WUBA UP 4.4%, CZR UP 6.8%
ZAGG Down 8.39%
AH Futures Down
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under pressure @ open, Dow was down 300 points but by close Dow down about 83 points, Nasdaq closed UP 24 points and is only 106 points away from making a new all time high. Mixed close is a very good technical sign of the health of this market. Internals were mostly positive. Hopefully Thursday we close in green.
BLOG does NOT give buy or sell.
Saleem
5 comments:
Hi Stocktrader,
Sold MOMO @ $37.75
Saleem
Hi Stocktrader,
Bought BZUN $45.80.
Saleem
Hi Saleem,
Wonderful swap again!
Stocktrader
Hi Saleem,
Sold TDOC @ 42.87 to take profits.
I am still bothered by their business model and valuation, so this was only meant as a trade.
Bought YY @ 119.67
I thought I'd try to buy on the pullback after earnings that disappointed some but likely is still conservative. Today's investment in one of their online properties by Tencent is certainly interesting also.
Stocktrader
Hi Stocktrader,
Good luck with YY.
Saleem
Post a Comment