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

3 comments:

psrajpal said...

Hello Saleem,

Took profits in UXIN; sold at 8.32

Bought GSKY @ $18.83

Portfolio now IQ, GSKY, BILI and NEW

Thanks

Paramjeet

psrajpal said...

Watching a newly listed IPO RUBY - High at $33 and came all the way to $23.75 (IPO launched at $23.00). Is this something worth considering at 23-24 range?

Reminds me of DOMO.

Comments would be appreciated.

SOLD NEW @19.13 and BOUGHT BILI @ 14.32

Thanks

Paramjeet

Stocks100 said...


Hi Paramjeet,

Good luck with GSKY & more BILI.

No idea about IPO...stocktrader is more in tune with IPO and its valuation.

Saleem