Tuesday, July 10, 2018

Indices closed UP .04% to .58%....NICE!!!!

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

2 comments:

psrajpal said...

Hello Saleem,

SOLD 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

Stocks100 said...


Hi Paramjeet,

Good luck with your new set of stocks IQ UXIN NEW SOGO BILI

Saleem