Tuesday, June 19, 2018

Indices closed down .28% to 1.15%.....

Indices closed down.

S&P 500 @ 2762.57, low 2743.19, high 2765.05

RSI @ 56.02

CMF @ 0.271

Internals were :

Down volume led by 1.35 to 1 in NYSE & 1.47 to 1 in Nasdaq

Declining stocks led by 1.41 to 1 in NYSE & 1.34 to 1 in Nasdaq

Net new 52 wk low were leading by 104 in NYSE & highs by 89 in Nasdaq

VIX UP 8.45% @ 13.35

Oil @ $65.07

Gold @ $1278.60

AH news....SYNA UP 10.61%, ROST Down 10.55%

In my portfolio :

Sold AH WB @ $101.107

Added 60% IQ @ $42.90 AH

Added 75% SOGO @ $13.93 AH

AH Futures Down

AH Asian Markets Mixed

AH Oil UP

AH Gold Down

About market, TAPE was impacted by trade brawl with China, we trimmed our losses by close, but still a bad day overall. Hopefully we have a positive close on Wednesday which may calm nerves of traders. Chinese stocks took the brunt of selling in Shanghai, Hong Kong and in US, expect stability going forward.

BLOG does NOT give buy or sell.

Saleem

3 comments:

psrajpal said...

Hi Saleem,

Nice move on grabbing high fliers Chinese stocks.

SOLD WB yesterday at 104+, switched to SOGO and QD

Good luck with your picks.

Paramjeet

Stocks100 said...


Hi Paramjeet,

Good luck with SOGO & QD.

Saleem

stocktrader_1996 said...

Hi Saleem and Paramjeet,

Good luck with the new picks!

Stocktrader