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

4 comments:

Stocks100 said...


Hi Stocktrader,

Started a position in AMD @ $16.70.....

Saleem

stocktrader_1996 said...

Hi Saleem,

Good luck with AMD and earnings tomorrow!

Stocktrader

psrajpal said...

Hi Saleem,

SOLD REPL and Bought WB @ 87.89 today. With the WB upgrade and the price action seen on WB today, I do not see if can go down further.

Thanks

Paramjeet

Stocks100 said...

Hi Stocktrader,

Good luck with WB.

Saleem