Indices closed UP.
S&P 500 @ 2728.12, high 2732.08, low 2711.26
RSI @ 50.96
CMF @ 0.067
Internals were :
UP volume led by 1.85 to 1 in NYSE & 1.91 to 1 in Nasdaq
Advancing stocks led by 2.24 to 1 in NYSE & 1.87 to 1 in Nasdaq
Net new 52 wk highs were leading by 55 in NYSE & 110 in Nasdaq
VIX Down 1.98% @ 18.36
Oil @ $62.60
Gold @ $1335.20
Stocks which were UP 2% or more included BZUN FSLR MOMO
NVDA WB NTES BABA AMAT FCX GG KGC LRCX LULU
MU NFLX SINA FNSR LNG CIEN AEM SPLK TNA....
In my portfolio AH Sold BZUN @ $46.80
Portfolio CTRP FSLR MOMO SNAP
AH news...FORM UP 6.29%, DRH UP 8%
BZH Down 6.14%
AH Futures Down
AH Asian Markets Mixed
AH Oil Down
AH Gold UP
About market, TAPE was all over the place on tariff debate. After close Gary Cohn's resigns as top Trump's economic adviser, this news is expected to rattle Wall Street as he was voice of Wall Street being Chief from Goldman Sachs. Slump in market on Wednesday may give some buying opportunities.
BLOG does NOT give buy or sell.
Saleen
12 comments:
Hi Stocktrader,
Bought NVDA in pre-market @ $239.01
Saleem
Hi Saleem,
I've been eyeing NVDA this week also. It seems like a good entry time.
Stocktrader
Hi Saleem,
Well done with BZUN and MOMO. Let us hope market will shake off Cohn's departure.
Good luck.
Joseph
Hi Joseph,
Thanks for your comment, by close we should be OK.
Saleem
Hi Saleem,
Sold MCHP @ 95.92 to take profits.
Their guidance announced in conjunction with the acquisition seems to indicate positive momentum is slowing somewhat. I think the run-up after the buyout news partially or mostly incorporates the synergies, and therefore I'm skeptical of how much upside is left.
Stocktrader
Hi Saleem,
Joined you in NVDA @ 240.95
I think the chart has rested for a while which provides upside potential.
Stocktrader
Hi Stocktrader,
Good luck with NVDA.....
Saleem
Hi Saleem and stocktrader,
Sold TNA @ 73.30.
Joseph
Hi Joseph,
Amazing trade on TNA. Well done! :)
Stocktrader
Hi Joseph,
Nice trade on TNA....
Saleem
Hi Saleem and Stocktrader,
Thanks for your encouraging words. I need to learn a lot about stock market.
Miles to go before I sleep and miles to go before I sleep...
Joseph
Hi Joseph,
We are all learning about this ever changing markets daily, welcome to the learning club.
Saleem
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