Wednesday, May 30, 2018

Indices closed UP .89% to 1.27%...NICE !!!!

Indices closed UP.

S&P 500 @ 2724.01, high 2729.34, low 2702.43

RSI @ 55.51

CMF @ 0.195

Internals were :

UP volume led by 7.46 to 1 in NYSE & 1.84 to 1 in Nasdaq

Advancing stocks led by 4.06 to 1 in NYSE & 2.13 to 1 in Nasdaq

Net new 52 wk highs were leading by 150 in NYSE & 173 in Nasdaq

VIX Down 12.22% @ 14.94

Oil @ $68.21

Gold @ $1306.50

Stocks which were UP 2% or more included BILI CNQ HUYA
RUN BZUN VICR SPLK MS AMD FCX SU TECK TSLA
NYNX ALDR CHK TK RIG LNG YELP X M CNX....

AH news...TLYS UP 14.66%, AKS UP 5.46%
                 BOX Down 4.61%, CRSP Down 14.39%

AH Futures Down

AH Asian Markets UP

AH Oil Down

AH Gold UP

About market, TAPE showed its strength after a down day, internals were strong. Financials & oil were strong which gave markets reason to rally. After hour China PMI is better than expected, hopefully it will fuel another strong day for Chinese stocks. Russell made another new  all time high today.

BLOG does NOT give buy or sell.

Saleem

3 comments:

Stocks100 said...


Hi Stocktrader,

Sold BILI @ $17.16

sold HUYA @ $26.25

All in pre-market

Saleem

Stocks100 said...


Hi Stocktrader,

Sold MOMO $43.75 in pre-market

Saleem

stocktrader_1996 said...

Hi Saleem,

Fantastic trades--good luck with the next moves!

Stocktrader