Indices closed UP.
S&P 500 @ 2723.06, high 2732.91, low 2715.60
RSI @ 43.76
CMF @ 0.128
Internals were :
UP volume led by 1.52 to 1 in NYSE & 1.30 to 1 in Nasdaq
Advancing stocks led by 1.52 to 1 in NYSE & 1.43 to 1 in Nasdaq
Net new 52 wk lows were leading by 44 in NYSE & highs by 15 in Nasdaq
VIX Down 8.14% @ 15.92
Oil @ $70.53
Gold @ $1259.90
Stocks which were UP 2% or more included BZUN HUYA IQ NEW
DQ BILI OLED CNQ MU FCX JKS LEN NFLX ROKU CHK
LNG KBH X M ......
In my portfolio ...Bought MOMO @ $45.45 in AH
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE staged a weak oversold bounce, Dow still below 200 DMA. We need a positive close on Wednesday in all indices to confirm that this bounce has legs. Chinese small caps made a strong comeback today. Technology as a whole were behaving much better which is a good thing.
BLOG does NOT give buy or sell.
Saleem
2 comments:
Hi Saleem,
Good entry on MOMO. I was keeping a close eye on MOMO, DBX and DOCU. DBX and MOMO seem to be reaching an attractive buy point.
Good Luck.
Paramjeet
Hi Paramjeet,
Thanks for your best wishes for MOMO.
Saleem
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