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:
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
Hi Paramjeet,
Good luck with SOGO & QD.
Saleem
Hi Saleem and Paramjeet,
Good luck with the new picks!
Stocktrader
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