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

3 comments:

stocktrader_1996 said...

Hi Saleem,

Sold NXPI @ 95.72

I was unimpressed by their conference call with indications they lost future design wins over the last 2 years while they were in merger finalizations. I'd rather own SWKS here I think.

Stocktrader

stocktrader_1996 said...

Hi Saleem,

Bought DAVA @ 24.50

An already profitable company with good growth, I liked the price.

Stocktrader

Stocks100 said...


Hi Stocktrader,

Good luck with DAVA....

Saleem