Indices closed UP.
S&P 500 @ 2793.84, high 2795.58, low 2786.24
RSI @ 63.42
CMF @ 0.070
Internals were :
Down volume led by .70 to 1 in NYSE & 1.11 to 1 in Nasdaq
Declining stocks led by .94 to 1 in NYSE & 1.53 to 1 in Nasdaq
Net new 52 wk highs were leading by 159 in NYSE & 89 in Nasdaq
VIX Down .39% @ 12.64
Oil @ $74.11
Gold @ $1255.40
AH Futures Down
AH Asian Markets Down
AH Oil & Gold Down
About market, TAPE closed near high of the day in Dow & S&P 500, all indices were up 4 days in a row. Russell made an intraday all time high but closed down. Worldwide futures are tanking on new list of US $200 Billion tariff on Chinese goods, open may not be pretty anywhere in the world with this trade war tactics.
BLOG does NOT give buy or sell.
Saleem
Hello Saleem,
ReplyDeleteSOLD ALVR, GSKY and SAIL
Bought IQ, UXIN, NEW, SOGO and BILI
I think, Chinese Small Caps are already priced in with the trade war news. I expect recovery this week.
Good luck with your picks.
Best,
Paramjeet
ReplyDeleteHi Paramjeet,
Good luck with your new set of stocks IQ UXIN NEW SOGO BILI
Saleem