Indices closed UP.
S&P 500 @ 2733.01, high 2739.19, low 2725.70
RSI @ 60.50
CMF @ 0.154
Internals were :
UP volume led by 2.52 to 1 in NYSE & 1.57 to 1 in Nasdaq
Advancing stocks led by 2.42 to 1 in NYSE & 1.59 to 1 in Nasdaq
Net new 52 wk highs were leading by 211 in NYSE & 175 in Nasdaq
VIX Down 2.53% @ 13.08
Oil @ $72.24
Gold @ $1290.90
Stocks which were UP 1% or more included MU SQ FSLR NXPI
INTC OLED JD GOOG BABA CSIQ JKS SPWR FFIV LRCX
LVS MSFT NFLX QRVO SPWR TSLA TSM TWTR CHK
WYNN FNSR ORCL CRUS KORS AAL M PANW CNX...
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was higher on relief rally due to thaw in trade with China. Internals were positive. Dow was strong and Russell made another all time high. Many sectors were strong which had China linkage. Tuesday will be more of a non news driven market.
BLOG does NOT give buy or sell.
Saleem
7 comments:
Hi Stocktrader,
Bought MOMO @ $39.64
Saleem
Hi Saleem,
Good luck with the all-China portfolio!
Stocktrader
Hi Stocktrader,
You made me aware of all China part......i look @ stocks as stock only....
Probably...this is a first for me....
Saleem
Hi Stocktrader,
Do you know what the expectations are for BILI...yahoo has no info.....also what time is earnings tomorrow AM or PM....
Thanks,
Saleem
Hi Stocktrader,
Just learned earnings is after close...
Saleem
Hi Saleem,
I can't find published estimates for BILI yet either, but I know three analysts initiated coverage post-IPO. Generally these initial estimates are very conservative, so I'm expecting a "beat" on these phantom expectations haha :)
Stocktrader
Hi Stocktrader,
Thanks...we will know after close Wednesday....
Good luck to you !
Saleem
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