Indices closed UP.
S&P 500 @ 2816.29, high, 2824.46, low 2808.06
RSI @ 57.57
CMF @ 0.167
Internals were :
UP volume led by 1.74 to 1 in NYSE & 1.68 to 1 in Nasdaq
Advancing stocks led by 2.15 to 1 in NYSE & 1.82 to 1 in Nasdaq
Net new 52 wk high were leading by 30 in NYSE and lows by 21 in Nasdaq
Oil @ $68.76
Gold @ $1233.60
Stocks which were UP 1% or more included IQ
CRUS LRCX MOMO BILI FSLR EAF JD
VICR BABA CSIQ DNKN AMAT FCX
JKS LVS QRVO ROKU SPWR TECK
TSLA TWTR ALDR CHK WYNN
MGA NKE KBH AAL PANW
CNX .....
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold Down
AH BIDU & IQ reported better than expected results :
They both beat on Sales and EPS
Both guiding Sales better than expected
Both stocks UP in AH
AH news...BIDU UP 1.67%, AAPL UP 4.03%
IQ UP 6.46%, SYNA Down 13.59%
About market, TAPE had an oversold bounce. Technology was UP on bargain hunting as many stocks found support yesterday @ low point. AAPL had good earnings AH which will help technology confirm a new uptrend. China US are talking about resolving trade issues which helped sentiments today.
BLOG does NOT give buy or sell.
Saleem
Tuesday, July 31, 2018
Indices UP .58% to .65%....NICE !!!!
Indices are UP as we have an oversold bounce in technology.
S&P 500 @ 2818.87, high 2824.46, low 2808.06
Internals are positive by 2 to 1
Oil Down $1.20
Gold UP $2.30
Canadian $ UP 40 tick @ .7007
VIX Down 6.45% @ 13.34
Portfolio AMD BIDU BZUN HUYA IQ NVDA NXPI SQ
Most stocks are UP
@ 2.20 following are red :
AMD BIDU SQ YY DQ SOGO NEW NTES SHOP GS MS
CTRP BAC EXPE SINA SU RIG LNG MCD CMG IBM
X......
Tonight IQ & BIDU reporting.....expectations are :
IQ Sales $4.88 billion, EPS loss
Next Q guidance Sales $6.02 billion, EPS loss of $2.07
Expect IQ to beat EPS expectations which is unknown as per yahoo financial.
Expect stock to have positive reaction to earnings report, IQ has been crushed....
BIDU Q2 Sales $4.03 billion, EPS $2.62
Next Q guidance Sales $4.41 billion, EPS $2.74
Expecting BIDU to beat and guide higher, too much bearish sentiment in BIDU......expecting positive reaction to earnings.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2818.87, high 2824.46, low 2808.06
Internals are positive by 2 to 1
Oil Down $1.20
Gold UP $2.30
Canadian $ UP 40 tick @ .7007
VIX Down 6.45% @ 13.34
Portfolio AMD BIDU BZUN HUYA IQ NVDA NXPI SQ
Most stocks are UP
@ 2.20 following are red :
AMD BIDU SQ YY DQ SOGO NEW NTES SHOP GS MS
CTRP BAC EXPE SINA SU RIG LNG MCD CMG IBM
X......
Tonight IQ & BIDU reporting.....expectations are :
IQ Sales $4.88 billion, EPS loss
Next Q guidance Sales $6.02 billion, EPS loss of $2.07
Expect IQ to beat EPS expectations which is unknown as per yahoo financial.
Expect stock to have positive reaction to earnings report, IQ has been crushed....
BIDU Q2 Sales $4.03 billion, EPS $2.62
Next Q guidance Sales $4.41 billion, EPS $2.74
Expecting BIDU to beat and guide higher, too much bearish sentiment in BIDU......expecting positive reaction to earnings.
BLOG does NOT give buy or sell.
Saleem
Monday, July 30, 2018
Indices closed down .57% to 1.39%.....
Indices closed down.
S&P 500 @ 2802.60, low 2798.11, high 2821.74
RSI @ 54.17
CMF @ 0.214
Internals were :
Down volume led by .84 to 1 in NYSE & 2.00 to 1 in Nasdaq
Declining stocks led by 1.17 to 1 in NYSE & 1.85 to 1 in Nasdaq
Net new 52 wk high were leading by 10 in NYSE & lows were leading by 69 in Nasdaq
VIX UP 9.44% @ 14.26
Oil @ $70.13
Gold @ $1231.50
AH news...AKS Down 8.02%, TXRH Down 12.03%
SPWR UP 6.78%, ILMN UP 6.94%
AH Futures UP
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE was under pressure in technology stocks US or Chinese did not matter. I think this selling is overdone and new money may be deployed to buy technology @ these attractive levels.. I think technology stocks will find support around here, FB did find support @ lows of the day.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2802.60, low 2798.11, high 2821.74
RSI @ 54.17
CMF @ 0.214
Internals were :
Down volume led by .84 to 1 in NYSE & 2.00 to 1 in Nasdaq
Declining stocks led by 1.17 to 1 in NYSE & 1.85 to 1 in Nasdaq
Net new 52 wk high were leading by 10 in NYSE & lows were leading by 69 in Nasdaq
VIX UP 9.44% @ 14.26
Oil @ $70.13
Gold @ $1231.50
AH news...AKS Down 8.02%, TXRH Down 12.03%
SPWR UP 6.78%, ILMN UP 6.94%
AH Futures UP
AH Asian Markets Down
AH Oil Down
AH Gold UP
About market, TAPE was under pressure in technology stocks US or Chinese did not matter. I think this selling is overdone and new money may be deployed to buy technology @ these attractive levels.. I think technology stocks will find support around here, FB did find support @ lows of the day.
BLOG does NOT give buy or sell.
Saleem
Indices down .36% to 1.26%....
Indices are lower again, technology taking another beating along with Chinese stocks.
S&P 500 @ 2805.63, low 2798.11, high 2821.74
Internals are mixed with Nasdaq being negative by almost 2 to 1
Oil UP $1.19
Gold Down $1.60
Canadian $ UP 27 tick @ .6976
VIX UP 7.14% @ 13.96
Most stocks are down
Portfolio AMD BIDU BZUN HUYA IQ NVDA NXPI SQ
@ 2.53 following are green :
AMD NXPI CRUS CIEN INTC HAL GS BAC FCX
SU CHK TK RIG LNG TRIP MGA MCD IBM M
CNX...
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2805.63, low 2798.11, high 2821.74
Internals are mixed with Nasdaq being negative by almost 2 to 1
Oil UP $1.19
Gold Down $1.60
Canadian $ UP 27 tick @ .6976
VIX UP 7.14% @ 13.96
Most stocks are down
Portfolio AMD BIDU BZUN HUYA IQ NVDA NXPI SQ
@ 2.53 following are green :
AMD NXPI CRUS CIEN INTC HAL GS BAC FCX
SU CHK TK RIG LNG TRIP MGA MCD IBM M
CNX...
BLOG does NOT give buy or sell.
Saleem
Sunday, July 29, 2018
Indices getting oversold.....
Friday was a bad day when Nasdaq lost 1.46%, INTC and TWTR caused this reaction on below expectations earnings.
Here is a look @ RSI to see what is happening below the surface :
DOW 65.53
SOX 54.39
S&P 500 50.41
Nasdaq 49.80
RUT 44.34
As you can see that leadership group of Nasdaq and RUT are the weakest, they are in leadership role in any uptrend.
Dow is the only index which is in healthy state.
RUT ( Russell 2000 ) dropped below 50 DMA only major index to do so.
Based on selling on Friday, we may get a trading / oversold bounce @ open, how we sustain that open will depends on tweets / other news.
There are few earnings where I am involved :
Tuesday :
AAPL BIDU IQ
Wednesday
SQ TSLA
SO.. i am involved with 3 out of 5 earnings, hopefully they will behave with positive reaction....
So far earnings have been mixed in terms of reaction , NFLX FB TWTR INTC were the most negatively impacted.......
Coming week we may have better chance of reaction based on two factors, one, we are oversold which helps in ignoring some so so earnings and secondly, we may get better quality of earnings.
Good luck with your own portfolio and comfort level.
BLOG does NOT give buy or sell.
Saleem
Here is a look @ RSI to see what is happening below the surface :
DOW 65.53
SOX 54.39
S&P 500 50.41
Nasdaq 49.80
RUT 44.34
As you can see that leadership group of Nasdaq and RUT are the weakest, they are in leadership role in any uptrend.
Dow is the only index which is in healthy state.
RUT ( Russell 2000 ) dropped below 50 DMA only major index to do so.
Based on selling on Friday, we may get a trading / oversold bounce @ open, how we sustain that open will depends on tweets / other news.
There are few earnings where I am involved :
Tuesday :
AAPL BIDU IQ
Wednesday
SQ TSLA
SO.. i am involved with 3 out of 5 earnings, hopefully they will behave with positive reaction....
So far earnings have been mixed in terms of reaction , NFLX FB TWTR INTC were the most negatively impacted.......
Coming week we may have better chance of reaction based on two factors, one, we are oversold which helps in ignoring some so so earnings and secondly, we may get better quality of earnings.
Good luck with your own portfolio and comfort level.
BLOG does NOT give buy or sell.
Saleem
Friday, July 27, 2018
Indices closed down .30% to 1.46%......
Indices closed down on negative reaction to INTC and TWTR earnings reports, those stocks slumped 8.59% & 20.54% taking Nasdaq to 1.46% slump.
S&P 500 @ 2818.82, low 2808.34, high 2843.17
RSI @ 59.41
CMF @ 0.193
Internals were :
Down volume led by 1.49 to 1 in NYSE & 2.32 to 1 in Nasdaq
Declining stocks led by 2.03 to 1 in NYSE & 3.39 to 1 in Nasdaq
Net new 52 wk high were leading by 36 in NYSE & lows by 26 in Nasdaq
VIX UP 7.33% @ 13.03
Oil @ $68.69
Gold @ $1223.00
Canadian $ @ .6938
Stocks which closed green included AMD HUYA NXPI
LRCX ABX EXPE AMAT SBUX TSM MU CHK
LVS GS MGA AMZN MCD SU CMG....
Here is my portfolio weighting :
IQ 15.50%
AMD 14.90%
HUYA 14.50%
BIDU 13.60%
NVDA 13.50%
BZUN 12.10%
NXPI 8.50%
SQ 7.40%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2818.82, low 2808.34, high 2843.17
RSI @ 59.41
CMF @ 0.193
Internals were :
Down volume led by 1.49 to 1 in NYSE & 2.32 to 1 in Nasdaq
Declining stocks led by 2.03 to 1 in NYSE & 3.39 to 1 in Nasdaq
Net new 52 wk high were leading by 36 in NYSE & lows by 26 in Nasdaq
VIX UP 7.33% @ 13.03
Oil @ $68.69
Gold @ $1223.00
Canadian $ @ .6938
Stocks which closed green included AMD HUYA NXPI
LRCX ABX EXPE AMAT SBUX TSM MU CHK
LVS GS MGA AMZN MCD SU CMG....
Here is my portfolio weighting :
IQ 15.50%
AMD 14.90%
HUYA 14.50%
BIDU 13.60%
NVDA 13.50%
BZUN 12.10%
NXPI 8.50%
SQ 7.40%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
Thursday, July 26, 2018
Indices closed mixed....
Indices closed mixed.
S&P 500 @ 2837.44, low 2835.26, high 2845.57
RSI @ 66.25
CMF @ 0.246
Internals were :
UP volume led by 1.29 to 1 in NYSE & .99 to 1 in Nasdaq
Advancing stocks led by 1.33 to 1 in NYSE & 1.21 to 1 in Nasdaq
Net new 52 wk highs were leading by 150 in NYSE & 52 in Nasdaq
VIX Down 1.22% @ 12.14
Oil @ $69.61
Gold @ $1225.70
Stocks which were UP 2% or more included AMD
LRCX YY EAF VICR HAL AMAT LEN TECK
SU YELP FNSR AAL.....
AH news...INTC Down 5.58%, FSLR Down 7.23%
CMG UP 6.1%, EXPE UP 9.3%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE closed mixed, Nasdaq was down sharply due to FB biggest slump. After hours AMZN, CMG & EXPE are higher, this should help sentiment, even FB has pulse in AH. There has been thaw in trade war with EU & US have agreement, even NAFTA is getting optimistic comment from Secretary Munichin. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2837.44, low 2835.26, high 2845.57
RSI @ 66.25
CMF @ 0.246
Internals were :
UP volume led by 1.29 to 1 in NYSE & .99 to 1 in Nasdaq
Advancing stocks led by 1.33 to 1 in NYSE & 1.21 to 1 in Nasdaq
Net new 52 wk highs were leading by 150 in NYSE & 52 in Nasdaq
VIX Down 1.22% @ 12.14
Oil @ $69.61
Gold @ $1225.70
Stocks which were UP 2% or more included AMD
LRCX YY EAF VICR HAL AMAT LEN TECK
SU YELP FNSR AAL.....
AH news...INTC Down 5.58%, FSLR Down 7.23%
CMG UP 6.1%, EXPE UP 9.3%
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE closed mixed, Nasdaq was down sharply due to FB biggest slump. After hours AMZN, CMG & EXPE are higher, this should help sentiment, even FB has pulse in AH. There has been thaw in trade war with EU & US have agreement, even NAFTA is getting optimistic comment from Secretary Munichin. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
Indices mixed.....
Dow is bucking the trend and acting well, Nasdaq is getting pounded thanks to FB weak business trend.
S&P 500 @ 2837.95, low 2835.26, high 2845.57
Internals are positive
Oil UP 40 cents
Gold Down $6.90
Canadian $ Down 22 tick @ .6934
VIX UP .73% @ 12.38
In my portfolio Bought NXPI @ $93
Portfolio AMD BIDU BZUN HUYA IQ NVDA NXPI SQ
Most stocks are UP
@ 2.12 following are red :
BIDU HUYA IQ NXPI FB DQ BILI SOGO NEW WB
NTES SHOP INTC CTRP AMZN BABA ABX GG
JKS LVS LULU MA MSFT SPWR TWTR TK
MLNX MCD AEM KBH X M ....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2837.95, low 2835.26, high 2845.57
Internals are positive
Oil UP 40 cents
Gold Down $6.90
Canadian $ Down 22 tick @ .6934
VIX UP .73% @ 12.38
In my portfolio Bought NXPI @ $93
Portfolio AMD BIDU BZUN HUYA IQ NVDA NXPI SQ
Most stocks are UP
@ 2.12 following are red :
BIDU HUYA IQ NXPI FB DQ BILI SOGO NEW WB
NTES SHOP INTC CTRP AMZN BABA ABX GG
JKS LVS LULU MA MSFT SPWR TWTR TK
MLNX MCD AEM KBH X M ....
BLOG does NOT give buy or sell.
Saleem
Wednesday, July 25, 2018
Indices closed UP .68% to 1.17%....NICE !!!!
Indices closed UP.
S&P 500 @ 2846.07, high 2848.03, low 2817.73
RSI @ 69.70
CMF @ 0.186
Internals were :
UP volume led by 1.89 to 1 in NYSE & 1.75 to 1 in Nasdaq
Advancing stocks led by 1.84 to 1 in NYSE & 1.31 to 1 in Nasdaq
Net new 52 wk high were leading by 81 in NYSE & lows by 4 in Nasdaq
VIX Down .97% @ 12.29
Oil @ $69.30
Gold @ $1231.80
Stocks which were UP by 3% or more included BZUN HUYA IQ SQ
CRUS YY SOGO OLED VICR JD BABA ROKU SPWR TSLA
TWTR TK JKS OSTK CRUS....
AH news...AMD UP 5.86%, QCOM UP 6.58%
XLNX UP 7.84%, FB Down 19.98%
AMD reported a better than expected Sales & EPS,
guidance is in line which is UPOD.
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed near high of the day. After hour FB was a major miss in earnings and guidance, futures are sharply lower and most technology stocks gave up their gains in AH. Open can give another chance to buy strong stocks with good earnings as we should pare or eliminate losses by close.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2846.07, high 2848.03, low 2817.73
RSI @ 69.70
CMF @ 0.186
Internals were :
UP volume led by 1.89 to 1 in NYSE & 1.75 to 1 in Nasdaq
Advancing stocks led by 1.84 to 1 in NYSE & 1.31 to 1 in Nasdaq
Net new 52 wk high were leading by 81 in NYSE & lows by 4 in Nasdaq
VIX Down .97% @ 12.29
Oil @ $69.30
Gold @ $1231.80
Stocks which were UP by 3% or more included BZUN HUYA IQ SQ
CRUS YY SOGO OLED VICR JD BABA ROKU SPWR TSLA
TWTR TK JKS OSTK CRUS....
AH news...AMD UP 5.86%, QCOM UP 6.58%
XLNX UP 7.84%, FB Down 19.98%
AMD reported a better than expected Sales & EPS,
guidance is in line which is UPOD.
AH Futures Mixed
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE closed near high of the day. After hour FB was a major miss in earnings and guidance, futures are sharply lower and most technology stocks gave up their gains in AH. Open can give another chance to buy strong stocks with good earnings as we should pare or eliminate losses by close.
BLOG does NOT give buy or sell.
Saleem
Indices mixed......
Indices are mixed with Nasdaq UP the most while DOW is down, S&P 500 is green.Indices are near high of the day.
S&P 500 @ 2829.68, high 2829.70, low 2817.73
Internals are positive.
Oil UP 96 cents
Gold UP $7.00
Canadian $ UP 95 tick @ .6943
VIX UP 1.69% @ 12.20
In my portfolio added AMD @ $16.21 pre market, $15.87 after open, AMD 14% of portfolio @ current price....
Portfolio AMD BIDU BZUN HUYA IQ NVDA SQ
Most stocks are UP
@ 1.57 following are red :
AMD NXPI LRCX BILI NTES CIEN EAF INTC
HAL MS GS EXPE AMAT FCX LEN QRVO
TECK MGA ULTA SWKS KBH CNX....
After close AMD is reporting, here are expectations :
Sales Q 2 $1.72 Billion, EPS 13 cents
Guidance Q 3 Sales $1.76 Billion, EPS 13 cents
Expecting a beat......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2829.68, high 2829.70, low 2817.73
Internals are positive.
Oil UP 96 cents
Gold UP $7.00
Canadian $ UP 95 tick @ .6943
VIX UP 1.69% @ 12.20
In my portfolio added AMD @ $16.21 pre market, $15.87 after open, AMD 14% of portfolio @ current price....
Portfolio AMD BIDU BZUN HUYA IQ NVDA SQ
Most stocks are UP
@ 1.57 following are red :
AMD NXPI LRCX BILI NTES CIEN EAF INTC
HAL MS GS EXPE AMAT FCX LEN QRVO
TECK MGA ULTA SWKS KBH CNX....
After close AMD is reporting, here are expectations :
Sales Q 2 $1.72 Billion, EPS 13 cents
Guidance Q 3 Sales $1.76 Billion, EPS 13 cents
Expecting a beat......
BLOG does NOT give buy or sell.
Saleem
Tuesday, July 24, 2018
Indices closed mixed.....
Indices closed mixed.
S&P 500 @ 2820.40, high 2829.99, low 2811.12
RSI @ 64.61
CMF @ 0.167
Internals were :
UP volume led by 1.32 to 1 in NYSE & .48 to 1 in Nasdaq
Advancing stocks led by .94 to 1 in NYSE & .48 to 1 in Nasdaq
Net new 52 wk highs were leading by 73 in NYSE & 85 in Nasdaq
VIX Down 1.66% @ 12.41
Oil @ $68.52
Gold @ $1225.50
AH ER....T Down 1.20%, TER UP 8.96%
IRBT UP 18.77%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was split as Dow & S&P 500 stayed positive into close while Nasdaq was red. Earnings have been strong and benefit to overall market is missing, extremely narrow and mostly FANG related new all time highs happening on a daily basis. Tweet storm is not helping confidence in direction of this market.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2820.40, high 2829.99, low 2811.12
RSI @ 64.61
CMF @ 0.167
Internals were :
UP volume led by 1.32 to 1 in NYSE & .48 to 1 in Nasdaq
Advancing stocks led by .94 to 1 in NYSE & .48 to 1 in Nasdaq
Net new 52 wk highs were leading by 73 in NYSE & 85 in Nasdaq
VIX Down 1.66% @ 12.41
Oil @ $68.52
Gold @ $1225.50
AH ER....T Down 1.20%, TER UP 8.96%
IRBT UP 18.77%
AH Futures Down
AH Asian Markets Mixed
AH Oil & Gold UP
About market, TAPE was split as Dow & S&P 500 stayed positive into close while Nasdaq was red. Earnings have been strong and benefit to overall market is missing, extremely narrow and mostly FANG related new all time highs happening on a daily basis. Tweet storm is not helping confidence in direction of this market.
BLOG does NOT give buy or sell.
Saleem
Indices mixed.....
Indices are mixed after being green.
S&P 500 @ 2816.24, high 2829.99, low 2812.34
Internals are mixed
Oil UP 83 cents
Gold UP 40 cents
Canadian $ UP 8 tick @ .6838
VIX UP 1.90% @ 12.86
In my portfolio :
Sold NEW @ $19.21
Bought AMD first @ $16.70
Added 150% AMD @ $16.17
Portfolio AMD BIDU BZUN HUYA IQ NVDA SQ
Most stocks are down
@ 1.54 following are green ;
NEW CIEN NTES EAF CNQ GS MS AAPL FB
CTRP GOOG AMZN BABA CSIQ EXPE FCX
JKS LVS MA TECK LNG MGA IBM X....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2816.24, high 2829.99, low 2812.34
Internals are mixed
Oil UP 83 cents
Gold UP 40 cents
Canadian $ UP 8 tick @ .6838
VIX UP 1.90% @ 12.86
In my portfolio :
Sold NEW @ $19.21
Bought AMD first @ $16.70
Added 150% AMD @ $16.17
Portfolio AMD BIDU BZUN HUYA IQ NVDA SQ
Most stocks are down
@ 1.54 following are green ;
NEW CIEN NTES EAF CNQ GS MS AAPL FB
CTRP GOOG AMZN BABA CSIQ EXPE FCX
JKS LVS MA TECK LNG MGA IBM X....
BLOG does NOT give buy or sell.
Saleem
Monday, July 23, 2018
Indices closed mixed......
Indices closed mixed......
S&P 500 @ 2806.98, high 2808.61, low 2795.14
RSI @ 61.46
CMF @ 0.125
Internals were :
Down volume led by 1.12 to 1 in NYSE & .96 to 1 in Nasdaq
Declining stocks led by 1.39 to 1 in NYSE & 1.06 to 1 in Nasdaq
Net new 52 wk highs were leading by 30 in NYSE & 63 in Nasdaq
VIX Down 1.87% @ 12.62
Oil @ $67.89
Gold @ $1225.60
AH ER....GOOG UP 3.36%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE closed mixed but Nasdaq was the strongest as GOOG FB were making new all time highs, after hour GOOG beat handily which should help traders sentiments tweets notwithstanding. This TAPE is very orderly and many stocks are creeping UP either to new all time highs or near all time highs, those are best bet going forward.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2806.98, high 2808.61, low 2795.14
RSI @ 61.46
CMF @ 0.125
Internals were :
Down volume led by 1.12 to 1 in NYSE & .96 to 1 in Nasdaq
Declining stocks led by 1.39 to 1 in NYSE & 1.06 to 1 in Nasdaq
Net new 52 wk highs were leading by 30 in NYSE & 63 in Nasdaq
VIX Down 1.87% @ 12.62
Oil @ $67.89
Gold @ $1225.60
AH ER....GOOG UP 3.36%
AH Futures UP
AH Asian Markets Mixed
AH Oil & Gold Down
About market, TAPE closed mixed but Nasdaq was the strongest as GOOG FB were making new all time highs, after hour GOOG beat handily which should help traders sentiments tweets notwithstanding. This TAPE is very orderly and many stocks are creeping UP either to new all time highs or near all time highs, those are best bet going forward.
BLOG does NOT give buy or sell.
Saleem
Indices UP .02% TO .22%....NICE !!!!
Indices are green, weighing another tweet about Iran and its impact on oil prices.Most traders are waiting for GOOG earnings after close.
S&P 500 @ 2806.62, high 2807.74, low 2795.14
Internals are mixed
Oil Down 39 cents
Gold Down $6.20
Canadian $ Down 24 tick @ .6829
VIX Down 1.17% @ 12.71
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are down
@ 2.07 following are green :
BZUN SQ DQ MOMO OLED INTC SHOP GS MS
FB GOOG BAC FCX MSFT QRVO ULTA CMG
X M ......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2806.62, high 2807.74, low 2795.14
Internals are mixed
Oil Down 39 cents
Gold Down $6.20
Canadian $ Down 24 tick @ .6829
VIX Down 1.17% @ 12.71
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are down
@ 2.07 following are green :
BZUN SQ DQ MOMO OLED INTC SHOP GS MS
FB GOOG BAC FCX MSFT QRVO ULTA CMG
X M ......
BLOG does NOT give buy or sell.
Saleem
Sunday, July 22, 2018
Indices all set to resume uptrend.....
After 3 weeks of gains, indices took a well deserved 2 day rest.
Friday we were bombarded with tweet storm again but TAPE was resilient enough, to not get rattled by it.
Friday was a good indicator of built in strength....
Here is a look @ RSI to get a handle on strong vs weak sectors :
NASDAQ 61.29
S&P 500 60.20
RUSSELL 58.56
DOW 58.32
SOX 51.04
As you can clearly see that even after 2 day pause we have strength in Nasdaq & S&P 500 both are broad based index which is a very good thing.
Russell 2000 and Dow are right behind to make a move towards new all time highs.
Nasdaq already in new all time high territory.
SOX is the one which has troubled many technicians, It is above 200 DMA, so it has pulse.
NOW we are all set for major earnings report, majority of them will beat easily, which will help propel this market into new all time highs.
Here are important earnings reports this week :
GOOG Monday.....expect positive reaction
FB AMD Wednesday....expecting positive reaction
AMZN INTC Thursday.....AMZN should beat and make new all time highs........INTC neutral
SO...IF you are trying to handicap few earnings...I have given my guesses.....
I may try @ least 1 earning play...I avoided all last quarter and stayed with my portfolio reports, most were positive.
Good luck with your own take of TAPE and earnings prediction.
BLOG does NOT give buy or sell.
Saleem
Friday we were bombarded with tweet storm again but TAPE was resilient enough, to not get rattled by it.
Friday was a good indicator of built in strength....
Here is a look @ RSI to get a handle on strong vs weak sectors :
NASDAQ 61.29
S&P 500 60.20
RUSSELL 58.56
DOW 58.32
SOX 51.04
As you can clearly see that even after 2 day pause we have strength in Nasdaq & S&P 500 both are broad based index which is a very good thing.
Russell 2000 and Dow are right behind to make a move towards new all time highs.
Nasdaq already in new all time high territory.
SOX is the one which has troubled many technicians, It is above 200 DMA, so it has pulse.
NOW we are all set for major earnings report, majority of them will beat easily, which will help propel this market into new all time highs.
Here are important earnings reports this week :
GOOG Monday.....expect positive reaction
FB AMD Wednesday....expecting positive reaction
AMZN INTC Thursday.....AMZN should beat and make new all time highs........INTC neutral
SO...IF you are trying to handicap few earnings...I have given my guesses.....
I may try @ least 1 earning play...I avoided all last quarter and stayed with my portfolio reports, most were positive.
Good luck with your own take of TAPE and earnings prediction.
BLOG does NOT give buy or sell.
Saleem
Friday, July 20, 2018
Indices closed down .03% to .09%.....
Indices closed almost flat, not bad for tweet storm this morning.
S&P 500 @ 2801.93, low 2800.01, high 2809.70
RSI @ 60.20
CMF @ 0.071
Internals were :
Down volume led by 1.17 to 1 in NYSE & 1.39 to 1 in Nasdaq
Declining stocks led by 1.12 to 1 in NYSE & 1.11 to 1 in Nasdaq
Net new 52 wk highs were leading by 62 in NYSE & 92 in Nasdaq
VIX Down .08% @ 12.86
Oil @ $70.46
Gold @ $1231.10
Canadian $ @ .6840
Stocks which were UP 1% or more included IQ
YY MOMO BILI WB EAF BAC DNKN GG
KGC MSFT TSM AEM MSFT....
Here is my portfolio weighting :
IQ 18.80%
HUYA 17.20%
BIDU 16.30%
NVDA 15.80%
BZUN 14.30%
SQ 8.90%
NEW 8.70%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2801.93, low 2800.01, high 2809.70
RSI @ 60.20
CMF @ 0.071
Internals were :
Down volume led by 1.17 to 1 in NYSE & 1.39 to 1 in Nasdaq
Declining stocks led by 1.12 to 1 in NYSE & 1.11 to 1 in Nasdaq
Net new 52 wk highs were leading by 62 in NYSE & 92 in Nasdaq
VIX Down .08% @ 12.86
Oil @ $70.46
Gold @ $1231.10
Canadian $ @ .6840
Stocks which were UP 1% or more included IQ
YY MOMO BILI WB EAF BAC DNKN GG
KGC MSFT TSM AEM MSFT....
Here is my portfolio weighting :
IQ 18.80%
HUYA 17.20%
BIDU 16.30%
NVDA 15.80%
BZUN 14.30%
SQ 8.90%
NEW 8.70%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
Thursday, July 19, 2018
Indices closed down .37% to .53%.....
Indices closed down.
S&P 500 @ 2804.49, low 2799.77, high 2812.05
RSI @ 61.16
CMF @ 0.073
Internals were :
UP volume led by .84 to 1 in NYSE & .84 to 1 in Nasdaq
Advancing stocks led by 1.37 to 1 in NYSE & 1.17 to 1 in Nasdaq
Net new 52 wk highs were leading by 41 in NYSE & 73 in Nasdaq
VIX UP 6.36% @ 12.87
Oil @ $69.46
Gold @ $1224.00
AH news....ISRG UP 6.36%, MSFT UP 3.26%
ZYNE Down 17.06%
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE closed lower and many stocks suffered significant loss, this is a reset after major gains. Indices remains healthy and is poised to run higher to series of new all time highs.I expect earning season to be better than expectations as evidence by MSFT tonight. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2804.49, low 2799.77, high 2812.05
RSI @ 61.16
CMF @ 0.073
Internals were :
UP volume led by .84 to 1 in NYSE & .84 to 1 in Nasdaq
Advancing stocks led by 1.37 to 1 in NYSE & 1.17 to 1 in Nasdaq
Net new 52 wk highs were leading by 41 in NYSE & 73 in Nasdaq
VIX UP 6.36% @ 12.87
Oil @ $69.46
Gold @ $1224.00
AH news....ISRG UP 6.36%, MSFT UP 3.26%
ZYNE Down 17.06%
AH Futures UP
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE closed lower and many stocks suffered significant loss, this is a reset after major gains. Indices remains healthy and is poised to run higher to series of new all time highs.I expect earning season to be better than expectations as evidence by MSFT tonight. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
Indices down .10% to .35%....
Indices are slightly lower on talk of new trade tariff. Indices trading near high of the day.
S&P 500 @ 2811.03, low 2799.77, high 2812.01
Internals are mostly positive.
Oil UP 78 cents
Gold Down $2.10
Canadian $ Down 71 tick @ .6760
VIX UP 5.37% @ 12.75
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are down
@ 2.09 following are green :
HUYA SQ AAPL DNKN QRVO ROKU SPWR
TSM CSIQ ULTA KORS IBM M ......
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2811.03, low 2799.77, high 2812.01
Internals are mostly positive.
Oil UP 78 cents
Gold Down $2.10
Canadian $ Down 71 tick @ .6760
VIX UP 5.37% @ 12.75
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are down
@ 2.09 following are green :
HUYA SQ AAPL DNKN QRVO ROKU SPWR
TSM CSIQ ULTA KORS IBM M ......
BLOG does NOT give buy or sell.
Saleem
Wednesday, July 18, 2018
Indices closed mixed....
Indices closed mixed.
S&P 500 @ 2815.62, high 2816.76, low 2805.89
RSI @ 65.20
CMF @ 0.064
Internals were :
UP volume led by 1.29 to 1 in NYSE & .85 to 1 in Nasdaq
Advancing stocks led by 1.21 to 1 in NYSE & 1.18 to 1 in Nasdaq
Net new 52 wk highs were leading by 36 in NYSE & 73 in Nasdaq
VIX UP .33% @ 12.10
Oil @ $68.76
Gold @ $1227.90
Stocks which were UP 1% or more included CRUS LRCX DQ
BILI OLED EAF MS CSIQ AMAT FCX FFIV TECK
NTNX LNG AAL X M .....
AH news...IBM UP 3.09%, AXP Down 2.75%
NTNX Down 3.58%, EBAY Down 5.61%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE closed mixed but near high of the day, I will call it a positive day considering everything.Dow has been UP 5 day's in a row which is very healthy for this market. Semis came to life after ASML beat and higher guidance, IF SOX is healthy then this market is going UP.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2815.62, high 2816.76, low 2805.89
RSI @ 65.20
CMF @ 0.064
Internals were :
UP volume led by 1.29 to 1 in NYSE & .85 to 1 in Nasdaq
Advancing stocks led by 1.21 to 1 in NYSE & 1.18 to 1 in Nasdaq
Net new 52 wk highs were leading by 36 in NYSE & 73 in Nasdaq
VIX UP .33% @ 12.10
Oil @ $68.76
Gold @ $1227.90
Stocks which were UP 1% or more included CRUS LRCX DQ
BILI OLED EAF MS CSIQ AMAT FCX FFIV TECK
NTNX LNG AAL X M .....
AH news...IBM UP 3.09%, AXP Down 2.75%
NTNX Down 3.58%, EBAY Down 5.61%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE closed mixed but near high of the day, I will call it a positive day considering everything.Dow has been UP 5 day's in a row which is very healthy for this market. Semis came to life after ASML beat and higher guidance, IF SOX is healthy then this market is going UP.
BLOG does NOT give buy or sell.
Saleem
Indices mixed......
Indices are mixed.S&P 500 trading near high of the day.
S&P 500 @ 2813.58, high 2816.76, low 2805.89
Internals are mixed.
Oil UP 61 cents
Gold UP 50 cents
Canadian $ UP 17 tick @ .6829
VIX Down .91% @ 11.95
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP.
@ 2.08 following are red :
IQ SOGO WB CIEN CNQ CTRP JD ABX JKS LEN
ROKU SINA SPWR TWTR VRX ALDR CHK
YELP OSTK MCD ULTA KORS NKE KBH
CNX.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2813.58, high 2816.76, low 2805.89
Internals are mixed.
Oil UP 61 cents
Gold UP 50 cents
Canadian $ UP 17 tick @ .6829
VIX Down .91% @ 11.95
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP.
@ 2.08 following are red :
IQ SOGO WB CIEN CNQ CTRP JD ABX JKS LEN
ROKU SINA SPWR TWTR VRX ALDR CHK
YELP OSTK MCD ULTA KORS NKE KBH
CNX.....
BLOG does NOT give buy or sell.
Saleem
Tuesday, July 17, 2018
Indices closed UP .22% to .63%....NICE !!!!
Indices closed UP.
S&P 500 @ 2809.55, high 2814.19, low 2789.24
RSI @ 64.00
CMF @ 0.069
Internals were :
UP volume led by 1.55 to 1 in NYSE & 1.78 to 1 in Nasdaq
Advancing stocks led by 1.39 to 1 in NYSE & 1.38 to 1 in Nasdaq
Net new 52 wk highs were leading by 40 in NYSE & 42 in Nasdaq
VIX Down 6.00% @ 12.06
Oil @ $68.08
Gold @ $1227.30
Stocks whivh were UP 2% or more included HUYA NVDA SQ
LRCX DQ MOMO SOGO SHOP LEN MRVL ROKU TSLA
AMAT OSTK.....
AH Futures UP
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE showed its technical strength and closed higher, Nasdaq made a new all time high. Internals were all positive. Leadership was on strong stocks, even NFLX erased 15% loss into only 5%+ loss by close. AMZN keep making new highs. Stay with strong stocks as we are all set to make series of new highs in all Indices.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2809.55, high 2814.19, low 2789.24
RSI @ 64.00
CMF @ 0.069
Internals were :
UP volume led by 1.55 to 1 in NYSE & 1.78 to 1 in Nasdaq
Advancing stocks led by 1.39 to 1 in NYSE & 1.38 to 1 in Nasdaq
Net new 52 wk highs were leading by 40 in NYSE & 42 in Nasdaq
VIX Down 6.00% @ 12.06
Oil @ $68.08
Gold @ $1227.30
Stocks whivh were UP 2% or more included HUYA NVDA SQ
LRCX DQ MOMO SOGO SHOP LEN MRVL ROKU TSLA
AMAT OSTK.....
AH Futures UP
AH Asian Markets UP
AH Oil Down
AH Gold UP
About market, TAPE showed its technical strength and closed higher, Nasdaq made a new all time high. Internals were all positive. Leadership was on strong stocks, even NFLX erased 15% loss into only 5%+ loss by close. AMZN keep making new highs. Stay with strong stocks as we are all set to make series of new highs in all Indices.
BLOG does NOT give buy or sell.
Saleem
Indices UP .24% to .62%...NICE !!!!
Indices are UP after opening lower, Indices are near high of the day.
S&P 500 @ 2809.39, high 2812.63, low 2789.24
Internals are positive
Oil UP 23 cents
Gold Down $13.40
Canadian $ Down 63 tick @ .6804
VIX Down 5.85% @ 12.08
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP
@ 2.09 following are red :
BZUN YY NTES FSLR CNQ INTC GS NFLX
SPWR SU VRX CHK TK RIG WYNN ABX
ULTA NKE IBM.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2809.39, high 2812.63, low 2789.24
Internals are positive
Oil UP 23 cents
Gold Down $13.40
Canadian $ Down 63 tick @ .6804
VIX Down 5.85% @ 12.08
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP
@ 2.09 following are red :
BZUN YY NTES FSLR CNQ INTC GS NFLX
SPWR SU VRX CHK TK RIG WYNN ABX
ULTA NKE IBM.....
BLOG does NOT give buy or sell.
Saleem
Monday, July 16, 2018
Indices closed mixed......
Indices closed mixed.....
S&P 500 @ 2798.43, low 2793.39, high 2803.71
RSI @ 61.75
CMF 0.084
Internals were :
Down volume led by 1.58 to 1 in NYSE & 1.51 to 1 in Nasdaq
Declining stocks led by 2.05 to 1 in NYSE & 1.55 to 1 in Nasdaq
Net new 52 wk low were leading by 26 in NYSE & highs by 17 in Nasdaq
AH news...NFLX Down 14.13%, IGT UP 4.51%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under mild selling due to mini overbought condition and oil taking a hit due to oversupply from Saudi Arabia and Iran who is being authorized to sell its oil, by close it was
a mixed day with Dow closing green. After close NFLX bull run ended and slumped on missing subscribers number badly, this is affecting Nasdaq by 42 points lower so far. I do not believe that Nasdaq will suffer too much with NFLX fiasco, it is a stock specific situation, so buy the weak open.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2798.43, low 2793.39, high 2803.71
RSI @ 61.75
CMF 0.084
Internals were :
Down volume led by 1.58 to 1 in NYSE & 1.51 to 1 in Nasdaq
Declining stocks led by 2.05 to 1 in NYSE & 1.55 to 1 in Nasdaq
Net new 52 wk low were leading by 26 in NYSE & highs by 17 in Nasdaq
AH news...NFLX Down 14.13%, IGT UP 4.51%
AH Futures Mixed
AH Asian Markets Mixed
AH Oil UP
AH Gold Down
About market, TAPE was under mild selling due to mini overbought condition and oil taking a hit due to oversupply from Saudi Arabia and Iran who is being authorized to sell its oil, by close it was
a mixed day with Dow closing green. After close NFLX bull run ended and slumped on missing subscribers number badly, this is affecting Nasdaq by 42 points lower so far. I do not believe that Nasdaq will suffer too much with NFLX fiasco, it is a stock specific situation, so buy the weak open.
BLOG does NOT give buy or sell.
Saleem
Indices mixed....
Indices mixed on slumping oil prices. Dow is green.
S&P 500 @ 2798.07, low 2793.39, high 2803.71
Internals are negative
Oil Down $3.29
Gold Down 70 cents
Canadian $ UP 24 tick @ .6865
VIX UP 3.28% @ 12.58
In my portfolio...added 30% NEW @ $19.45
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are down
@ 2.12 following are UP :
BZUN HUYA IQ MOMO BILI SOGO OLED VICR
AMZN GS MS BAC AMAT LULU AMD YELP
MLNX M.....
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2798.07, low 2793.39, high 2803.71
Internals are negative
Oil Down $3.29
Gold Down 70 cents
Canadian $ UP 24 tick @ .6865
VIX UP 3.28% @ 12.58
In my portfolio...added 30% NEW @ $19.45
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are down
@ 2.12 following are UP :
BZUN HUYA IQ MOMO BILI SOGO OLED VICR
AMZN GS MS BAC AMAT LULU AMD YELP
MLNX M.....
BLOG does NOT give buy or sell.
Saleem
Sunday, July 15, 2018
All Indices poised to make new all time high.....
Indices are looking @ creating series of new all time highs.
First to make new all time high was Russell 2000.
Nasdaq followed it with back to back new all time high.
S&P 500 is only 72 points away....max 3 good days should do it...
Dow is 1582 points away, about 5 good days away...
SOX is the trouble spot which is still below 50 DMA but above 200 DMA, it is 124 points away or 9.3% recovery needed.....good 15 days should do it....
This is the most healthy TAPE has been after few months
Earnings are starting with NFLX on Monday, Carter Worth is predicting down move, it looks extended and may need few days rest.....
Chinese small caps came to life big time last week some more strong than others HUYA was the best performer.....with IQ right behind.....
Among big cap Chinese stocks BIDU looks quite strong and may be heading to new all time high....
SQ is looking ready to make new high.....
SO...IF you look @ your portfolio, you should have a good mix of ready to make new high stocks IF not, make some changes, things change very quickly, one must take advantage of strong TAPE with strong stocks.
FB AMZN AAPL are among strong stocks, new highs begets more new highs.
IF you must own gold stocks here AEM could be a good bet.
All in all window of opportunity has arrived and one must position to take advantage.
Good luck with your own analysis of where we are and your own comfort level.
BLOG does NOT give buy or sell.
Saleem
First to make new all time high was Russell 2000.
Nasdaq followed it with back to back new all time high.
S&P 500 is only 72 points away....max 3 good days should do it...
Dow is 1582 points away, about 5 good days away...
SOX is the trouble spot which is still below 50 DMA but above 200 DMA, it is 124 points away or 9.3% recovery needed.....good 15 days should do it....
This is the most healthy TAPE has been after few months
Earnings are starting with NFLX on Monday, Carter Worth is predicting down move, it looks extended and may need few days rest.....
Chinese small caps came to life big time last week some more strong than others HUYA was the best performer.....with IQ right behind.....
Among big cap Chinese stocks BIDU looks quite strong and may be heading to new all time high....
SQ is looking ready to make new high.....
SO...IF you look @ your portfolio, you should have a good mix of ready to make new high stocks IF not, make some changes, things change very quickly, one must take advantage of strong TAPE with strong stocks.
FB AMZN AAPL are among strong stocks, new highs begets more new highs.
IF you must own gold stocks here AEM could be a good bet.
All in all window of opportunity has arrived and one must position to take advantage.
Good luck with your own analysis of where we are and your own comfort level.
BLOG does NOT give buy or sell.
Saleem
Friday, July 13, 2018
Indices closed UP .03% to .38%....NICE !!!!
Indices closed UP after digesting gains during the day, in the end Indices closed near high of the day. Nasdaq made a brand new closing high.
S&P 500 @ 2801.31, high 2804.53, low 2791.69
RSI @ 62.69
CMF @ 0.140
Internals were :
Down volume led by 1.13 to 1 in NYSE & 1.31 to 1 in Nasdaq
Declining stocks led by .99 to 1 in NYSE & 1.22 to 1 in Nasdaq
Net new 52 wk highs were leading by 90 in NYSE & 53 in Nasdaq
VIX Down 3.18% @ 12.18
Oil @ $71.01
Gold @ $1241.20
Canadian $ @ .6828
Stocks which closed green included MU CNQ GOOG AMZN DNKN AMAT JKS LEN LVS MSFT ROKU SBUX SU TSLA
TSM ALDR CHK FB WYNN ORCL OSTK ULTA AAL X M ...
Here is my portfolio weighting :
IQ 19.40%
HUYA 18.00%
BIDU 17.00%
NVDA 15.80%
BZUN 14.00%
SQ 8.50%
NEW 7.30%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2801.31, high 2804.53, low 2791.69
RSI @ 62.69
CMF @ 0.140
Internals were :
Down volume led by 1.13 to 1 in NYSE & 1.31 to 1 in Nasdaq
Declining stocks led by .99 to 1 in NYSE & 1.22 to 1 in Nasdaq
Net new 52 wk highs were leading by 90 in NYSE & 53 in Nasdaq
VIX Down 3.18% @ 12.18
Oil @ $71.01
Gold @ $1241.20
Canadian $ @ .6828
Stocks which closed green included MU CNQ GOOG AMZN DNKN AMAT JKS LEN LVS MSFT ROKU SBUX SU TSLA
TSM ALDR CHK FB WYNN ORCL OSTK ULTA AAL X M ...
Here is my portfolio weighting :
IQ 19.40%
HUYA 18.00%
BIDU 17.00%
NVDA 15.80%
BZUN 14.00%
SQ 8.50%
NEW 7.30%
Next post by 6 PM on Sunday.
BLOG does NOT give buy or sell.
Saleem
Thursday, July 12, 2018
Indices closed UP .87% to 1.39%...NICE !!!!
Indices closed UP.
S&P 500 @ 2798.29, high 2799.22, low 2781.53
RSI @ 62.13
CMF @ 0.115
Internals were :
UP volume led by 1.82 to 1 in NYSE & 2.61 to 1 in Nasdaq
Advancing stocks led by 1.75 to 1 in NYSE & 1.43 to 1 in Nasdaq
Net new 52 wk highs were leading by 83 in NYSE & 59 in Nasdaq
VIX Down 7.70% @ 12.58
Oil @ $70.33
Gold @ $1258.00
Stocks which were UP 3% or more included BIDU BZUN IQNEW
MOMO BILI SOGO OLED SHOP SPLK RIKU TWTR NTNX
YELP......
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE was strong and closed near high of the day. Nasdaq made a brand new all time new closing high, new all time highs gets series of new highs. Most sect sector participated in today's rally. Internals were all positive.Technically this market is healthy so look for new all time highs in all Indices. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2798.29, high 2799.22, low 2781.53
RSI @ 62.13
CMF @ 0.115
Internals were :
UP volume led by 1.82 to 1 in NYSE & 2.61 to 1 in Nasdaq
Advancing stocks led by 1.75 to 1 in NYSE & 1.43 to 1 in Nasdaq
Net new 52 wk highs were leading by 83 in NYSE & 59 in Nasdaq
VIX Down 7.70% @ 12.58
Oil @ $70.33
Gold @ $1258.00
Stocks which were UP 3% or more included BIDU BZUN IQNEW
MOMO BILI SOGO OLED SHOP SPLK RIKU TWTR NTNX
YELP......
AH Futures UP
AH Asian Markets UP
AH Oil & Gold Down
About market, TAPE was strong and closed near high of the day. Nasdaq made a brand new all time new closing high, new all time highs gets series of new highs. Most sect sector participated in today's rally. Internals were all positive.Technically this market is healthy so look for new all time highs in all Indices. There is only a closing BLOG on Friday's around 7 PM.
BLOG does NOT give buy or sell.
Saleem
Indices UP .71% to 1.12%...NICE !!!!
Indices are higher and Nasdaq @ new all time high.
S&P 500 @ 2793.88, high 2798.52, low 2781.53
Internals are positive by almost 2 to 1 but volume is positive in Nasdaq by 3 to 1.
Oil Down 2 cents
Gold UP $2.40
Canadian $ UP 38 tick @ .6834
VIX Down 6.16% @ 12.79
In my portfolio ...added 100% SQ @ $66.00
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP
@ 2.17 following are red :
HAL CTRP DNKN FCX JKS LEN NFLX TSLA
ALDR CHK MLNX FNSR KBH X M CNX...
BLOG does NOT give buy or sell.
Saleem
S&P 500 @ 2793.88, high 2798.52, low 2781.53
Internals are positive by almost 2 to 1 but volume is positive in Nasdaq by 3 to 1.
Oil Down 2 cents
Gold UP $2.40
Canadian $ UP 38 tick @ .6834
VIX Down 6.16% @ 12.79
In my portfolio ...added 100% SQ @ $66.00
Portfolio BIDU BZUN HUYA IQ NVDA NEW SQ
Most stocks are UP
@ 2.17 following are red :
HAL CTRP DNKN FCX JKS LEN NFLX TSLA
ALDR CHK MLNX FNSR KBH X M CNX...
BLOG does NOT give buy or sell.
Saleem
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